Hungarians Prioritizing Travel Over Renovations This Year
- 23 Feb 2024 11:31 AM
- Budapest Business Journal
Home renovation is an important goal for many, but this year Hungarians would spend most of their money on travel, according to representative research by Cofidis Credit Monitor.
According to the research, 63% of Hungarians now have a plan that requires financial resources, ideally, they would like to spend about HUF 1.5 million, but realistically they expect HUF 600,000.
Hungarians intend to spend the most money on travel and vacations this year, while the second most important goal is home renovation, and the third is buying household appliances or furniture.
A quarter of households this year also set aside financial resources to cover private health care, and a fifth of them targeted debt reduction.
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