The number of Russian families with a common budget is disclosed: it is managed by the majority of surveyed Russians (76 percent). This was reported by Izvestia with reference to a survey by NPF Sberbank and Sberbank Life Insurance.
At the same time, completely separate spending was not at all popular with Russians. The survey also found that the degree of confidence in the long-term union is related to the level of income.
Russians were asked about how their families manage their money and whether they consider it important to make joint savings. 76 percent admitted that they have a general budget. However, for another 11 percent of the respondents, it turned out to be mixed: joint expenses are divided in half, family members leave the remaining funds for personal needs. Only two percent of respondents maintain a completely separate budget. At the same time, three percent said that the family is supported exclusively by the husband, in 0.4 percent of cases this is done by the wife.
The respondents were also asked to answer the question “Do you think your family will survive until old age?” More than half of the respondents (54 percent) are sure that they will definitely live to old age together. The researchers came to the conclusion that the desire to keep the family depends on the financial situation. The poorest people are less convinced that they will live together to old age (37 percent). However, those who are “able to buy an apartment or a new home” want to remain married (68 percent).
The study was conducted among Russians over 18 years old in 75 cities of the country. In each of these cities, at least 200 citizens were interviewed according to a representative sample that “reflects the socio-demographic profile of the population.”
In November 2020, it was reported that every fifth Russian family spends more than it earns. Such data were cited in the study of Home Credit Bank. 55.2 percent said their income was roughly in line with spending. 21.6 percent of respondents said about a systematic excess of expenses over income, and 23.2 percent of respondents said that the family’s income exceeds spending.