This paper examines the relationship between culture, savings and investment. In recent years, researchers have disagreed, some believe that culture affects savings and investment, while others found no relationships between them. Using traditional religious indicators of the propensity to saving, you can define what cultural mechanisms impact on savings and investment behavior. The results of the study showed that thanks to the numerous traditional rites households save in the short term that denies the life-cycle model F. Modigliani. As well as in the more deeply the structure of household investments and the proposed model of investment behavior of households in the paradigm of culture and traditions.