SPENDING

New data has shown how the cost of Christmas has soared over the past 10 years.

Festive goods rise by almost a third as households feel the squeeze

New data from personal insolvency provider Creditfix has shown how the cost of Christmas has soared over the past 10 years.

The average cost of festive decorations and snacks such as advent calendars, cards, gift wrap and a Christmas tree has risen to £548 this year - £130 more than it would cost in 2012. That’s before Brits take into account the price of gifts, social events and the...

Brits are still spending £2,880 per year on takeaways

Brits are spending an average of £2,880 per year despite the cost of living crisis

After a tumultuous two years and as the UK sees yet another rise in inflation, new research carried

out by Chopstix Noodle Bar suggests that Brits are still spending £2,880 per year on takeaways.

It seems that the cost of living crisis is doing little to affect the spending habits of Brits

with half of the 2,000 respondents surveyed saying that they spend...

Katie’s 10 Steps to Saving £1k

Graduate Creates TikTok To Share Interesting Tips To Save £1k This Year

Katie Yvonne, 22, from Telford, is on a mission to financial security with a zero-based budget. “If every penny is accounted for I know exactly what I’m doing.” Katie took to TikTok ( @katiedoeslife ) in 2021 to share her tips on how she is on track to save £1k in a year on an annual income of £4,128.

Previously spending approximately £720 a year on takeout coffees alone when at...

Brits could be at risk of being left vulnerable in society due to an inability to use digital payment methods

30.6 million Brits currently at risk of digital exclusion due to a drop in cash use

At least 30.6 million Brits could be at risk of being left vulnerable in society due to an inability to use digital payment methods amidst a significant drop in cash use, new data reveals.

Global Payment Trends collates official data from payment reports and demographic statistics to reveal the potential societal repercussions of digital exclusivity, whereby coins, banknotes and...

Saving money during lockdown

Brits save a small fortune during pandemic

A survey of 2,002 UK adults, conducted by leading personal insolvency practice, Creditfix.co.uk , has revealed that due to the social restrictions that have been in place during lockdown, the average Brit has been able to save £495 per month (an increase of £273 compared to their monthly savings pre-pandemic).

According to the data, during lockdown the average UK adult has saved £178...

Home improvements

More than half of Brits prioritising home improvements post-lockdown

Over half of Brits are prioritising plans to update their home as the Covid-19 restrictions continue to be eased in the UK, with one in eight expecting to spend money on improvements within the next six months.

According to the research commissioned by Safestyle , 55 per cent of UK adults are prioritising home improvement plans, with around a quarter intending to redecorate inside (...

Lady at her laptop worried about money

Five money mistakes to avoid right now

Spending habits have changed radically since the start of the lockdown, with many people now having to get by on a reduced income – not to mention our usual routines and access to shops and restaurants having altered significantly.

According to figures from trade association UK Finance, credit card spending across the UK shrunk back by more than 12% in the year to March. Meanwhile,...

Couple discussing money

What’s your money personality type and how can you improve it?

All of us have habits – and this applies to how we manage our money too. Whether our relationship with money is something we’ve picked up from our parents, or it’s been shaped more by our experiences in adulthood, attitudes to saving and spending differ.

TopCashback.co.uk has highlighted five different financial personality types. No one is perfect though – and even if you’re...

Lady looking at home finances

Ten ways to cut back your household spending right now

A household budget can be like a leaky bucket of water. Things may appear OK on the surface but perhaps there are some holes you hadn’t noticed, which are allowing the precious contents to escape.

And with many people’s finances under additional pressure right now, it’s a crucial time to go through your outgoings to check if any money is ‘leaking’ out unnecessarily.

For some...

Shopping Habits

Has the pandemic changed our shopping and spending habits forever?

The nation’s shopping habits have undergone dramatic changes in recent weeks. More people have turned to home deliveries and have been trying out new ways of ordering, while many are also looking for ways to cut their spending due to a reduced household income.

And with many having adjusted to new shopping routines, evidence is now emerging that some of the new shopping and spending...

Pages