Do you have a ‘fun fund’?

Figures from NS&I suggest that Britons currently spend around £500 a year attending milestone events such as wedding anniversaries, 21st birthdays and christenings (on average Brits attend four such events each year and spend approximately £120 each time).

However, 73% of the population do not save to help finance this spending and only 22% have a ‘fun fund’.

 

Source: Credit Action July 2011 edition

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