3. Financal support for unemployed
3 sources of subsidies:
-funds from the Labor Fund
-subsidies from Regional Operational Programs (ROP)
-subsidies from the Operational Program Knowledge Education Development (POWER)
The most basic is the unemployment benefit: once the conditions are met, the benefit is
PLN 1,200 (300euro) for the first 3 months, then the amount decreases to PLN 940/
month (250euro)
5. Young Poles are becoming
more and more aware of the
need to set aside funds and to
multiply them. Moreover, they
choose not only fully safe
financial instruments. 37% of
people aged up to 24 declare
that they invest in various
assets.
Young people's preferences have
changed over the months. It was
largely influenced by recent
events and reports from financial
markets. In the responses of
people under 24 years of age
there is a trend for bitcoins.
Cryptocurrencies were chosen as
the most common investment
method (30.2%), followed by
mutual funds (26.8%). Real estate
was in third place (28.9%).
The Tavex study shows
that in Poland people in the
25- 34 age group when
asked what they most often
invest in, mostly indicated
investments (33.9%), real
estate (29.5%) and
investment funds (24.6%).
Investing
6. Young people in Poland rather save money for
short term expenses (traveling, digitals, pleasures
etc) than for retirement.
7. Financial literacy
Modern teens are consumers who regularly make
their own financial decisions. OECD (Organization
for Economic Cooperation and Development) has
been examining the current knowledge and
financial competences of young people in
the largest educational research program PISA
(Program for International Student Assessment). In
2020, the latest results of the PISA survey were
published, covering 20 countries, including Poland.