Spending Habits
Bank of Mum and Dad pays out £2,439 for first year Uni living expenses
As thousands of teenagers across the country await their A-level results and confirmation of university places, research reveals that the bank of mum and dad will contribute, on average, £2,439 to kit their offspring out for university and support them though their first year.
Our £2.7 billion holiday overspend
Whilst three quarters of us (73% or 36.7m people) head off on holiday with a budget for spending-money, four in ten (16 million Brits) overspend once we are there, new research by thinkmoney suggests.
Consumer sentiment reaches new high
The Lloyds TSB Spending Power Report for June reveals that confidence continued to improve during the month as the Consumer Sentiment Index reached its highest level on record (since November 2010) at 112 points.
Struggling to budget
Millions of British adults are living ‘hand to mouth' and are ‘broke' by the end of the month, it was revealed today.
Cashback customers collect over £24m in first half of 2013
Savvy Internet shoppers collecting cashback via websites such as Quidco, have pocketed an incredible £24m in the first half of 2013 new figures out today show.
2013 school holidays to cost UK parents over £7 billion
Parents will spend nearly £1,000 per child on childcare, days out, treats and food over the school summer holidays, according to research by the Nationwide Building Society.
Parents unprepared for the cost of kids
With the Royal baby expected this month, new research from Santander Insurance reveals that the average parent believes they spend £537 per month raising their children.
Brits spend £12 billion in preparation for their summer holiday
New research from credit card company Capital One reveals holidaymakers’ extensive and costly efforts to prepare for their summer breaks, as they spend a collective £12 billion on clothes, beauty treatments, fitness regimes and other pre-holiday essentials.
Savvy Brits are selling unwanted items and buying second hand
Almost one in three of those UK adults who are online (31%) are selling their unwanted belongings through the likes of ebay and gumtree to bolster finances, according to research from Standard Life.
Bored men
Women beware... the average bloke gets bored just 26 minutes into a day at the shops, a new study has revealed.
Lifetime cost of a UK household is over £1.8 million
The average UK household will cost a total of £1,802,000 (or £29,000 a year) to run over the course of a lifetime, according to new analysis by Prudential of the ONS Family Spending Report.
Parents to shell out £460 entertaining kids this summer holiday
As kids' excitement builds in the lead up to the summer holidays, many parents (56 per cent) are worrying about the cost of not only keeping their own kids amused but also other people's children too, expecting to shell out an average £460 entertaining their own and other people's children, according to Post Office's annual Parents' Summer Spending Report.
Festival funds fall short
Festival attending Britons will need to borrow money to keep on partying - with half (51%) blaming bad budgeting, and nearly a quarter (24%) due to loss or theft, according to research by Barclays Pingit.
UK debit card spending on the increase
One in four (24%) Brits now uses a debit card more frequently than they did a year ago, with four in 10 shoppers preferring to use a debit card rather than carrying cash, according to research from M&S Bank.
Half of Britain's drivers refuel their car at least once a week
New research from moneyexpert.com reveals Britons’ love affair with driving with more than half of all motorists (55%) filling up their cars once a week and 17% of motorists clock up enough miles that they need to refuel on average twice a week.