Study Finds Majority of Romanians Lack Financial Plans and End Month With Little Money

The Banometru study, conducted by researchers from the Institute for Quality of Life and Babeş-Bolyai University, indicates that a large share of Romanians lack a financial roadmap for the next year, with only 40% having one compared with 67% of those who finished the ten-year program. Daily budgeting is followed by 43% of the population, but 52% of former participants monitor their expenses. Long-term savings habits are present in 42% of the general public, yet 66% of Banometru alumni set aside money for future goals.

Nearly half of the alumni have enough reserves to cover three months of expenses, versus a quarter of those at the program’s start. Confidence in handling unexpected costs and having money left at month-end is also higher among alumni. Participants rate their own financial progress more positively than the broader population, reflecting the program’s impact since its launch in 2016.