Some half of the Netherlands’ seven million households are running the risk of getting into financial trouble because they don’t have enough savings, says family spending institute Nibud in a new report.

Nibud says 25% of households never save and a further 25% only put money away for a rainy day when they have some left over. And four out of five households never look at what their future spending needs are likely to be.
In addition, a quarter of households are overdrawn at the bank at least once a month and one third have a non mortgage-related loan, news agency ANP quoted Nibud as saying.
Impulsive people who look for comfort and an easy life, and career-oriented people with a fondness for luxury are the most likely to get into financial difficult, the report found.