Our study investigates the buffer savings formation by Russian households based on the precautionary motive. The impact of uncertainty shocks on future incomes is ambiguous in the existing literature. By applying a probit regression on Russian household survey data from 2000 to 2019, we fill in the literature gap. The results demonstrate a positive effect of uncertainty on the probability of forming households buffer savings at different levels of uncertainty. The presence of additional property does not influence savings behavior but performs as a "safety cushion" and allows to smooth out expectations from the uncertainty of future income.