Czechs still lose savings due to lack of financial education
A quarter of Czechs still leave their savings susceptible to the inflation process by securing them in cash. However, they are interested in making new investments, according to the Generali Investments CEE research. Cash savings are a preferred choice for a tenth of participants, especially for those with basic education. 14 percent of the respondents prefer keeping savings in a bank account. “More than a fifth of Czechs have over 100,000 crowns in cash or in a bank account. Their savings are also subject to inflation and lose value in real terms. For example, last year, people who saved their money that way suffered a loss of up to 3.2 percent in value due to inflation and insufficient financial literacy
REVIEW: Men in Hope (Muži v naději) – Jiří Vejdělek, 2011
A Czech Film Review by Lee Robert Adams As Ronan Keating, that perennial purveyor of pop pap, once sang: “Life is a rollercoaster, just gotta ride it” – that’s the happy-go-lucky ethos of Men in Hope‘s Rudolf (Bolek Polívka), an ageing lothario and Prague cabbie with 138 extra-marital affairs under his belt. He even had a very movie-land former career as an international rollercoaster designer, providing him ample opportunity to cheat on his wife, and gives us a handy metaphor for his attitude towards relationships. As a man who spent his life building fairground thrill rides, he knows all about the twists, turns, ups, downs and loop-the-loops that only an adulterous lifestyle can offer. Rudolf reasons that a well-timed affair
Czechs still lose savings due to lack of financial education
A quarter of Czechs still leave their savings susceptible to the inflation process by securing them in cash. However, they are interested in making new investments, according to the Generali Investments CEE research. Cash savings are a preferred choice for a tenth of participants, especially for those with basic education. 14 percent of the respondents prefer keeping savings in a bank account. “More than a fifth of Czechs have over 100,000 crowns in cash or in a bank account. Their savings are also subject to inflation and lose value in real terms. For example, last year, people who saved their money that way suffered a loss of up to 3.2 percent in value due to inflation and insufficient financial literacy
