The focus on young Austrians: This is how financial responsibility is lived!

The focus on young Austrians: This is how financial responsibility is lived!

Österreich - An alarming survey showed that a third of the Austrian population does not have enough money for financial provision. According to the current

financial challenges of youth

The study in particular illuminates the problem and differences between genders in financial provision. Despite a growing interest in personal financial planning, the results show that 32 % of those surveyed state that they have too little money for reserves. This harbors the risk that many young people have to look into an uncertain financial future, as does the Uniqa-Studie . It is also pointed out here that women often have a lower security awareness, which makes them invest less in their retirement provision.

The topic of financial provision remains an urgent concern in Austria, especially in times when economic uncertainties increase. The results of the study could be understood as a call to invest more in information and programs for financial education for younger generations in order to promote their financial skills and to better prepare them for the challenges of the future.