Two-thirds of the young families in Bulgaria have no savings, according to a study of the marketing research agency NOEMA and AMI Communications Bulgaria.

Some 28 percent of the young couples keep their money in bank deposits, 7% - in real estate and only 4% use it to start a business, Bulgarian National Radio reports.

The majority of young Bulgarians up to 35 years (68%) spend all of their income and fail to save, the results of the study on the income, the expenses and the savings of the modern couples showed.

In big cities, people tend to save more than in small towns and villages, and families with children save less than those who have no kids. Moreover, most young people do not set aside money for the future. To some extent this is due to the economic situation, analysts say. About 40 percent of the households in small towns live on the income of only one of the partners, compared to just 10% for the capital city of Sofia.

According to the survey, some 47 percent of all the polled couples up to 35 years save all their income in one place.