- Hans Weber
- February 3, 2023
People are giving less money to charity because of the pricey price tag
Inflation and energy prices also affect people’s ability to help those in need financially. Almost half of Czechs give the same amount to charity, but 15 percent admit they have to cut back on financial assistance.
Fourteen percent of people replace it with deeds. This is according to a survey conducted by Instant Research/IPSOS for Provident Financial and the Invisible Project, which describes the difficulties of the affected population groups.
According to the survey, costliness has the most negligible impact on donor behavior in the Olomouc and Zlín regions, where 55 percent and 59 percent of people still help in the same way.
Most Czechs are used to helping; three-quarters of them do so or would like to. Only a quarter of people say they do not help at all. Educational attainment dramatically impacts people’s willingness to help others financially.
Generally, as education increases, so does people’s willingness to help. 42 percent of college students contribute to various fundraisers, almost double the average for the rest of the population.
Members of the youngest generation are three times more likely than others to volunteer and are also strongly above average in helping people in their neighborhood with good deeds. About 43 percent more than the average.