While most are content with their financial future there are considerable differences depending on gender, level of education and income.

Three quarters of the Swiss population feel comfortable or even very comfortable with their financial situation, according to a Zurich University of Applied Sciences (ZHAW) study published on Tuesday. The researchers define financial well-being as a state in which a person can meet financial obligations and feel secure about their financial future.

How comfortable a person feels with their financial situation depends on many very different factors. For example, women and divorced people have a significantly lower level of financial well-being. Homeowners also assess their situation better than tenants.

Higher education ensures greater well-being

The study also showed that financial well-being increases continuously with the level of education. Graduates of universities or universities of applied sciences therefore showed the highest level of well-being of over 80%. On the other hand, a clear discrepancy emerges among people with only a primary school diploma. Here, only slightly more than half felt comfortable with their own financial situation. …