Analysts named the most economical residents of the regions

Moscow residents are more likely than other Russians to consider themselves economical, while most citizens admit that they regularly monitor their expenses. This is the conclusion reached by analysts of the <url> financial marketplace, who were reviewed by Izvestia on May 29.

"Moscow residents consider themselves to be the most economical — 67% of them turned out to be. In addition, St. Petersburg residents (62%) and Krasnoyarsk residents (44%) were named the least wasteful, while residents of Novosibirsk (61%), Kazan (58%), and Rostov-on—Don (49%) tend to admit to excessive extravagance," the analysts noted.

According to the survey, 93% of respondents monitor their spending. At the same time, 42% noted that saving brings them satisfaction and a sense of control over life, 31% believe that the need to save negatively affects their mood, and 27% perceive saving as a habit without emotional overtones.

Over the past year, 71% of the survey participants reported that they have become more economical, and 29% that they have begun to take expenses easier. The main motives of the first are a decrease in income or planning a large purchase, the second is an increase in income or a revision of life priorities.

The main ways to save money are to find cheaper analogues (62%), avoid lower—priority purchases (18%), track discounts and promotions (12%) and use employer bonuses (12%). Household appliances (37%), repairs (18%), travel (17%), as well as food, clothing, and entertainment are among the categories that Russians most often save on.

Anastasia Kudryavtseva, Adviser to the Chairman of the Board of JSC National Savings Bank, told Izvestia on March 27 that the decline in consumer confidence is due to the accumulated effect of uncertainty and pressure on real incomes, which is gradually changing the behavior of the population and restraining demand for large purchases. At the same time, the basic consumption remains, but it is the optional, "additional" expenses that begin to decrease in the first place.