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Archive » February 2022 » Italians’ savings challenged: the effects of the crisis, short-sightedness and low financial knowledge

Italians’ savings challenged: the effects of the crisis, short-sightedness and low financial knowledge

Monica Gentile, Nadia Linciano, Paola Soccorso
February 2022 - n. 2
Keywords: Risparmio, famiglie, educazione finanziaria
Jel codes: D14, G53

The latest Consob Report on the investment choices of Italian households provides a snapshot of the financial situation of Italian households a year and a half after the start of the pandemic. The effects of the crisis are rooted in the structural weaknesses of citizens, from an inadequate attitude to managing personal finances to the well-known problem of low financial knowledge. These are all aspects that need to be addressed in order to strengthen citizens’ ability to seize the opportunities of a new normal that is now a reality.

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