TYPES OF SAVING BEHAVIOURS OF YOUNG RESIDENTS OF GEORGIA ON THE EXAMPLE OF TBILISI INHABITANTS
Journal Title: Journal of Agribusiness and Rural Development - Year 2014, Vol 4, Issue 34
Abstract
The aim of this study is to distinguish the types of saving behaviour of young Georgians – residents of the capital Tbilisi. The objective was achieved using primary survey data and cluster analysis. Three types of saving behaviour strategies were distinguished: with cash, valuing safety and diversifying saving portfolio. Research indicates that among young residents of Georgia dominates the type of valuing safety. People belonging to this group place their savings in products with a low degree of risk, such as bank deposits in the national currency, cash and insurance policies.
Authors and Affiliations
Paulina Anioła-Mikołajczak, Joanna Chudzian, Larisa Pataraia
Keywords
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