Novinky.cz reports that Czechs are amongst the biggest savers in Europe, second only to the Swedes. Based on data collected by Intrum in 2018, 72% of Czechs surveyed, suggested that they put away some money every month. This is higher than the European average of 59%, and lower only than people in Sweden. The average monthly sum saved is CZK 4,004 and a majority of people put away the money for a rainy day, to be used in unforeseen emergencies.