Household Bills
’Tis the season to give away unwanted presents
According to research from myHermes, 70% of people in the UK have re-gifted in the past and one in three (33%) would consider wrapping and giving unwanted presents in the future.
The survey of over 1,000 people revealed that more woman (72%) would re-gift compared with men (66%), while those aged between 25-34 are the most guilty of repurposing old presents.
Meanwhile the survey revealed that Bristol is the re-gifting capital of the UK, with some 76% of its inhabitants admitting to handing on their unwanted presents, followed by London (75%) and Birmingham (73%).
So what have people been handing on? It is quite a list; a bottle of half used foot lotion, windscreen wipes and a life-sized cutout of Prince are amongst the highlights.
At 49%, the most commonly used excuse for re-gifting was that the giver did not like the gift in the first place. Some 38% said they felt the re-giftee would appreciate the present more, while 19% said they simply could not afford something new.
Joanne Morley, head of marketing for myHermes, said: “Re-gifting is a great way of cutting the cost of Christmas and the time spent trawling around the shops for presents, but make sure you follow the correct re-gifting etiquette to avoid being caught out.”
There are 0 Comment(s)
Your right to a refund if travel is affected by train strikes
There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...
Could you save money with a social broadband tariff?
Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.
How to help others and donate to food banks this winter
This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...
What will happen if rates change
How your finances will be impacted by a rise in interest rates.
Regular Savings Calculator
Small regular contributions can build up nicely over time.
Online Savings Calculator
Work out how your online savings can build over time.
DIY investors: 10 common mistakes to avoid
For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.
Mortgage down-valuations: Tips to avoid pulling out of a house sale
Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?
Five tips for surviving a bear market mauling
The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...
© AE3 Media Ltd, Floor 7, Lincoln House, 296 - 300 High Holborn, London WC1V 7JH, Company.