concept   savings behavior
culture   Brazil
statement   In Brazil, there is a preference for present enjoyment over long-term savings, with reliance on family and cash savings.
3 similar statements
# Concept Culture Statement Freq.
1 attitude towards savings Brazil More focus on present enjoyment, with less emphasis on long-term savings. 1
2 cash savings Brazil Common to keep cash savings as a precaution against economic instability and currency fluctuations 1
3 personal savings Brazil Tendency to rely more on family support or social safety nets rather than prioritizing personal savings for the future 1