As many of us are packing our bags for our summer trips, a recent survey by HSBC UK offers a fascinating insight into the holiday habits and spending patterns of over 2,000 UK adults. The survey delved into various aspects of holiday planning, including how long it takes to save for a trip, the prevalence of unexpected fees, and the preferred payment methods while abroad.
Budgeting experts, thinkmoney have recently discovered that almost half (48%) of Brits surveyed said they were planning to spend more on their holidays now that travel restrictions have eased, which has been named ‘revenge travel’.
However, thinkmoney is warning eager Brits to be wary when it comes to spending due to ‘revenge spending’. ‘Revenge spending’ refers to spending your...