Free attractions help spending cut backs
by David Masters
Millions of Brits are cutting back on spending by taking advantages of free leisure activities including museums, public libraries, and freeview TV.
Research from Abbey Savings found that 11 million people have cut back their monthly outgoings by as much as £246 - 12% of the average person’s monthly earnings.
One in four adults (24%) have reduced outgoings by visiting public libraries and museums for free in the past year - saving an average of £77 per month.
Monthly subscriptions have also been pared back, with 7% trading in their gym subscription for a jog in the park or cycling to work.
Nearly one in ten (8%) have cancelled their TV subscription in favour of Freeview.
Holiday habits are also changing, with 21% of Brits considering trading their holiday abroad for staying at home and visiting free public attractions.
Abbey’s director of savings and investments, Reza Attar-Zadeh, said: “Clearly having fun doesn’t have to cost money!
“Britons are finding more and more ways to make their cash go further.”
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Tags: Abbey Savings, free time, leisure activities, money, poll, recession, research, savings, spending, survey, UK