One Swiss in two is satisfied with the state of their financial situation, according to a study. Just under a third (28%) expect their finances to improve in 2019. The French-speaking population is feeling much more positive than last year.
In 2018, one fifth of French-speaking Switzerland still believed that their financial situation was deteriorating, according to the online survey conducted by the innofact polling firm on behalf of the Internet price comparison platform comparis.ch. Today, this figure has dropped to 16%. Nearly a third (29%) of French-speaking Switzerland’s population is dissatisfied with their finances, compared to 39% a year ago.
One in five Swiss women can afford almost everything or have no money problems. Six percent of them indicate that they are having difficulty making ends meet.
Men more optimistic than women
When it comes to money matters, the outlook of men appears rosier than that of women. One in three men expect their financial situation to improve, compared to one in four women.
Such optimism decreases with age for both sexes. Forty percent of those under 36 expect their finances to improve, compared to one in three for 36 to 55-year-olds. The ratio is one in seven for those over 56.
No skimping on housing
If spending had to be reduced, 62% of respondents see significant savings potential in electronics and 58% in clothing. Only 31% of them imagine giving up their vehicle and 23% their passion or hobby. And a mere 7% would be willing to look for cheaper housing in case of financial difficulties.
The survey was conducted in December 2018 and consulted 1043 people across Switzerland.
This content was published on
Viola Amherd has expressed her “deep shock” at the assassination attempt on Slovakian Prime Minister Robert Fico on Wednesday.
This content was published on
A man injured half a dozen people with knives, two of them seriously, before being arrested on Wednesday in northern Switzerland.
Switzerland to introduce flight passenger database
This content was published on
Switzerland plans to introduce a flight passenger database to collect and process personal data in a bid to combat terrorism and serious crime.
Government plans to invest over CHF16bn in Swiss rail network
This content was published on
The federal government intends to invest CHF16.4 billion ($18.1 billion) in railway infrastructure between 2025 and 2028, CHF2 billion more than for the current period.
Swiss to vote on pension reform and biodiversity in September
This content was published on
Swiss citizens will vote on occupational pension schemes and a biodiversity initiative on September 22, the Federal Council announced on Wednesday.
Ukraine peace talks: 50 countries have confirmed participation
This content was published on
To date, 50 countries out 160 invited delegations have confirmed they will attend the Ukraine peace conference, held in central Switzerland in mid-June, according to Swiss public radio, RTS.
Federer-backed On boosts forecast after sneaker demand rises
This content was published on
Swiss footwear company On Holding AG posted strong first-quarter revenue, boosted by demand for its running shoes and new line of training apparel.
Michael Schumacher’s watches fetch CHF4 million at Swiss auction
This content was published on
Watches belonging to Formula 1 great Michael Schumacher sold for around CHF4 million ($4.41 million) at auction house Christie's in Geneva on Tuesday.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
‘Swiss farmers could make a lot more money selling to the US’
This content was published on
The American ambassador to Switzerland believes the agricultural sector has evolved to make room for a potential US-Swiss free trade deal.
This content was published on
More and more people in Switzerland are relying on their smartphone to shop, pay and transfer money, although the Swiss are still cautious.
Older workers have ‘untapped potential’ to fill labour shortages
This content was published on
Tapping existing pools of talent including older workers and women will help companies meet future skilled labour according to a new Deloitte report.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.