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01/11/12
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Money advice in increasing demand, says study
31/10/12
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Payment barriers exist for disabled and older people, says study
31/10/12
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Gender differences apparent when financial planning
31/10/12
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Half of Brits shop with a basic credit card, says study
30/10/12
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Number of Brits sitting on forgotten direct debits - 2.68 million
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News
27/10/2009 12:27:36
Britons 'look to cut back on entertainment without missing out'
Taking steps to stay at home rather than going out is saving Britons a significant amount of money, new research indicates.
Figures from Abbey Saving reveal that some 57 per cent of paid-for entertainment is now consumed in the home.
Dubbed 'in-tertainment', the firm states that opting for the likes of dinner parties, DVD rentals and takeaways instead of going to the cinema, restaurants and pubs saved Britons a total of £3.9 billion over the course of September.
Reza Attar-Zadeh, director of savings and investments, states: "The recession has made people far savvier when it comes to saving money and millions of us have worked out that in-tertaining is a great way to cut back without missing out."
Such comments follow research by Friends Provident revealing that over one-third (35 per cent) of people are going out less frequently and will often look to socialise at home.