What opinion do the French have about their finances? This is the question recently asked by the GovUs Nembus study institute. The results ? If only 4% of respondents say they are ” rich “, the survey findings are far from pessimistic since a large majority of respondents say they are in a ” financial situation acceptable».

The survey was conducted in early June with a representative sample of 1,008 people.

A majority of respondents, ” neither poor nor rich “

A majority of respondents, " neither poor nor rich "

In concrete terms, 73% are satisfied with their financial situation. In addition to the 4% mentioned above, 69% say they are ” neither rich nor poor». The other side of the coin: almost a quarter of respondents (23% to be exact) say they are poor or in financial difficulty.

Wealth remains, despite everything, a ” subjective concept”, To use the words of GovUs Nembus. In other words, from what monthly income do the French consider themselves rich? To this question, the answers are ” disparate   and do not necessarily have a logical link with the distribution of wages in France» :

amounts in %
Between € 1,500 and € 2,999 9%
From € 3,000 to € 3,999 14%
Between € 4,000 and € 4,999 15%
Between € 5,000 and € 6,999 20%
Between € 7,000 and € 9,999 11%
More than 10 000 € 25%
DK 6%

A ” logical link with the distribution of wages in France ” ? GovUs Nembus here refers to an astonishing observation: the fact that 20% place the ” wealth threshold ” in the salary bracket € 5,000 – € 6,999, while they are only 11% to position themselves in the bracket higher (€ 7,000 – € 9,999).

Taxes: earn more, pay more

Taxes: earn more, pay more

The principle of income taxation is known: the more important your resources are, the more you will be taxed.

Although 55% of tax households do not pay taxes (based on 2016 statistics), 56% of respondents say they pay too much.

This fiscal sluggishness is particularly palpable among French people with high incomes. One only has to see the opinion of the CSP + and CSP-: respectively 64% and 46% wish to pay less taxes. A statement to put in perspective with the fact that 10% of French pay 70% of the amount of income tax.

The purchase of credit does not only concern the most fragile populations

The purchase of credit does not only concern the most fragile populations

Following a ” hard blow ” (disability…), some households may cumulate payment incidents and tax delays. And therefore see their financial situation deteriorate.

Credit buy-back can then be a solution to “go green”, not just for the most vulnerable households.

Admittedly, this operation makes it possible to reduce a debt ratio that is sometimes too high (by grouping all real estate and consumer loans in a single loan), but it also makes it possible to recover investment capacity. By reducing your debt, you can embark on a new project, such as a real estate acquisition or the purchase of a vehicle.