As many as a quarter of Poles take on debt to organize Christmas. Three-quarters of us consider gifts worth more than PLN 500 to be exclusive, according to a survey commissioned by the National Debt Register (KRD).
“As many as a quarter of Poles take on debt to organize Christmas in such a way that it will be lavish; 6% of them did it many times. Most often, consumers seek help from their family, which 11% of them admit to doing. 9% use bank loans and 5 percent postpone payment of current bills,” KRD reports in a press release.
“Christmas in abundance”. Men and middle-aged people want to be opulent
As we read, almost every 10th Pole tries to offer unique holidays, at the expense of higher expenses. At the other extreme are those who care about staying within budget. 39 percent do so. consumers.
However, the largest group consists of people who approach money management rationally: 45%. wants to organize an elegant party, but without financial madness, i.e. checking purchases and prices.
Men and people between 35 and 44 years old are the most willing to organize an lavish party (13% of responses in both groups). Reasonable spending, in turn, is the domain of women (48 percent of responses) and young people between the ages of 25 and 34, 53 percent of whom support this style. topics. However, those Poles who plan holidays only within the limits of their means are mainly elderly people between the ages of 65 and 74.
Exclusive gift, how much?
A survey for KRD showed that three-quarters of Poles consider gifts worth more than PLN 500 exclusive. More than half, 56%, consider a holiday trip, for example abroad, as such. This catalog also includes decorations, i.e. home decorations worth at least several hundred zlotys (44%), as well as an exquisite dinner, which for 1/3 of respondents is synonymous with Christmas luxury.
The ‘Christmas on a Rich’ survey was conducted in November 2024 by IMAS International on behalf of the National Debt Register of the Economic Information Bureau using the CAWI method among a representative group of 1,011 Poles aged 18-74.
Source: Do Rzeczy
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
