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Some households ignore budgeting

ABOUT two-thirds of Slovak households have a good sense of their monthly income and expenses and regularly monitor their budget while the other third do not bother to keep track of a budget in any way. These are main results of a survey conducted by the Factum Invenio agency for Provident Financial at the beginning of April among a sample of 1,075 Slovak respondents aged 15 and older. The survey also found that 7 percent of Slovak households are living on debt over the long term, the SITA newswire wrote.

ABOUT two-thirds of Slovak households have a good sense of their monthly income and expenses and regularly monitor their budget while the other third do not bother to keep track of a budget in any way. These are main results of a survey conducted by the Factum Invenio agency for Provident Financial at the beginning of April among a sample of 1,075 Slovak respondents aged 15 and older. The survey also found that 7 percent of Slovak households are living on debt over the long term, the SITA newswire wrote.

“The results prove the well-known principle that people who have their budget under control can manage their income better and are in the red less frequently,” said Diana Priechodská Brodnianska, spokeswoman for Provident Financial.


Topic: Finances and Advisory


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