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Experts Say We Are All Bad At...

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Experts Say We Are All Bad At Saving For A Holiday

SPIN South West
SPIN South West

11:11 8 Jan 2019


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January Blues? Dreaming of jetting off to somewhere warm this Summer?

Apparently, when it comes to saving for a much needed holiday we are all bad at it.

According to a survey by switcher.ie, 68% of Irish people will take at least one holiday this year, with Europe's beaches being the main attraction.

But their findings have shown that 33%  set to see their holiday spending go out of control, and a quarter likely to come home to debt.

It appears that Irish people's main sources of expenditure come in the form of alcohol, food and shopping.

Shocked but not surprised.

 14% of Irish people -who took the survey-  admit to never set a holiday budget before going away, while almost half (48%) claim that they do set a budget but they aren't too strict on keeping it.As a result, 33% of people say that they always overspend while on holidays, and 45% saying that they sometimes do.

Basically, make a budget and stick to it.

Treat yourself on holiday not every day!

 

 


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