Treating oneself here and there is a decision some may take for a wealth of reasons – but it seems non-essential spending soon adds up.
Staggeringly, analysis has found British households could save nearly £2,000 per year, if they halved the amount they spend on “non-essentials”.
Using Office for National Statistics data, Atom has calculated that if British homes halved their outgoings on things such as takeaways, beauty treatments and alcohol, they could save £1,899 annually.
Edward Twiddy, Chief Customer Officer at Atom bank comments: “With the huge changes we’ve seen in the financial climate this year as a result of COVID-19, it’s more crucial than ever before for people to understand their finances and how to get the most out of their earnings.
Published at Fri, 04 Dec 2020 22:18:00 +0000