Up your savings, families told

A home-owning family with two children and net income of nearly €3,000 a month should have a savings buffer of €15,100 to pay for holidays, repairs and replacing appliances, according to calculations by the family budget institute Nibud.

A single person in a rented flat with take-home earnings of €1,800 needs €6,300 in savings, Nibud says. It hopes the figures, contained in a new report out on Wednesday, will encourage people to save more.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation