Impact of COVID-19 on Household’s Financial Situation in Poland

Purpose: The main purpose of the article was to assess impact COVID-19 pandemic on financial situation households in Poland. This goal supplemented with hypothesis, auxiliary hypotheses and research questions. Design/Methodology/Approach: conducted February 2021 by means an questionnaire survey a group 1000 randomly selected Polish residents. developed form 19 record substantive single or multiple choice Another method that used for review analysis bibliographic resources. Findings: empirical results show due pandemic, Poland has slightly deteriorated. Nearly 2/3 respondents were negatively affected effects small medium degree. In 1/4 respondents, there marked reduction income related crisis. It is worth noting change Poles' attitude saving. unpredictability crisis resulted significant purchasing expenses more than half nearly three quarters them began carefully plan their expenses. Two-thirds believe one ways protect themselves against another caused genesis phenomenon, save money. Practical Implications: With approach collecting savings spending money changed. informs potential entities institutions offering goods they should remodel offers adapt prevailing conditions market. Originality/Value: Unique, authorial representative sample, dealing current issues, concerning not only Poland, but also entire world. are described respondent characteristics extent economic downturn analyzed.