Average Brit saves £1,196 a year with vouchers
By UK CreditCards.com
The average Briton now saves £1,196 a year thanks to discount codes, special offers and freebies.
New research from Halifax Home Insurance suggests that the nation as a whole saves £51bn a year in this way, with nine out of 10 people benefiting from bargains.
The survey, which involved 2,000 adults and was conducted by OnePoll, also found that Britons have become more open-minded with regard to haggling. 12% say they are now prepared to do this to secure a better price.
Paula Llewellyn, a spokeswoman for Halifax Home Insurance, said that coupon culture has "definitely seen a boost recently and is likely to stick around."
"Consumers have become used to bargain hunting and with 20% saying they won't pay full price it would be surprising if retailers abandoned it completely," observed Ms Llewellyn.
Ms Llewellyn also pointed out that discount codes, special offers and freebies have been particularly beneficial at a time when money is tight.
She explained that these types of deals offer consumers the opportunity to spend less on products and services they were already planning to buy, rather than putting the full amount on their credit cards.
Published: 25 August 2011
- How do Brits use their credit cards - and how should you? – Do Brits use their credit cards for treats or essentials? And how can we strike a better spending balance? ...
- Avoid buyer's remorse this holiday season – For many Brits, December means spending. But come January, you may regret the previous month's budget ...
- How to plan out holiday bills -- starting now – It may seem early to think about December holidays, but three months isn't that long to spread your spending. Get organised now and you might be able to prevent the usual holiday hangover in January ...