• Adam Balint College of Szolnok, Hungary, Accounting and Finance Specialization
  • Annamaria Kokeny Horvathne Szent Istvan University, Godollo, College of Szolnok, Economics, Finance and Management Department, College lecturer


A series of long-term financial decisions characterizes the various households during their life cycle. The approach of self-care is present in every individual and family life, but not with equal intensity. There are many important financial decisions we need to make in our lives, which have an impact on our financial management for many years, even if we are talking about long-term self-care or loan application. First we analyzed the theoretical background of savings and we also performed a primary research. The paper examines the Hungarian College students’ long-term saving habits and financial perspectives. The questionnaire has been filled out with 323 hungarian college students that we are dedicated to research. Development of the questionnaire was on an online interface. The goal was to inspect the financial knowledge of college students, and to get a deeper look at how can they manage their household’s wealth. It seems obvious, that the individual’s upbringing, parental and educational influences have an outstanding impact on subsequent financial perspective. Despite all age groups directly affected by this topic, our financial culture is still in sufficiently developed. Everyone should be aware that you can take care of your housing goals, retired years, the future of your children only in a long run. The sooner we start to selfcare, the lower monthly saving is needed to achieve these goals (Luttenberger-Nemeth, 2005). This is encouraged by the government in the form of various tax breaks. We would like to have primary schools introduced into teaching financial literacy as soon as possible.


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How to Cite
Balint, A., & Horvathne, A. K. (2013). SAVING HABITS OF HUNGARIAN COLLEGE STUDENTS. European Scientific Journal, ESJ, 9(34).