Business expenses growing in importance for investors

More than half of European investors adhere to a financial plan when making a budget. An increasing number of them point out investing and business as main expenses.

According to a Robocash survey, 71% of European P2P investors use financial planning, which indicates their serious approach to financial literacy. Among the respondents, the Spanish audience sticks to the plan more than others, ahead of the traditionally pragmatic Germans – 72% against 65%.

The current downturn in the market affected investor plans to a lesser extent than expected. In total, only 4% answered that it completely changed their plan. 14% noted that the current instability has no impact at all.

The growing seriousness of investors is also confirmed by the change in the distribution of expenses in their budget. A significant increase in the “investing & business” component is striking  – from 3% to 25% over the past year, thus bringing it to the second place among other items. Housing remains the top expense, as it was last year. Investors also saw a slight growth in travel spending (from 4 to 5%).

By the way, investors do not abandon plans to spend money on vacation this summer. The share of those who are ready to part with the amount of more than 5 thousand euros increased by 2% compared to 2021.