Skiplink Navigation

Main Features

Frugal Swiss prefer to save

What would you do if you were given SFr50,000 ($49,500)? Most Swiss would shove it in the bank, according to a survey published on Friday.

This is in marked contrast to their neighbours in France and Italy, where only one in six respondents would invest such a windfall. In those countries jewellery and other luxury goods were the first things to pop into people's heads.

A poll carried out by the opinion research institute Isopublic for Reader's Digest magazine revealed that 57.5 per cent of German-speaking Swiss would set the money aside for a rainy day. Fifty-three per cent of their French-speaking compatriots would do the same.

The thriftiest Swiss of all were found in mountain regions and in communes of fewer than 10,000 people, where 63 per cent of respondents would put the money in the bank.

One in four – mostly city dwellers – would go on holiday, and only one in ten would spend it on expensive clothes and jewellery.

While men were more likely to buy luxury goods than women (7.8 per cent compared with 4.4 per cent), women were more likely to make a charitable donation (5.5 per cent to 1.8 per cent).

Some 1,000 people took part in the Swiss part of the survey. and agencies


Neuer Inhalt

Horizontal Line

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.

Click here to see more newsletters

swissinfo EN

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Join us on Facebook!