The Age

Stingy lovers exposed

October 01 2002
The Age

A survey of British spending habits published today found 1 in 20 people dump their girlfriends or boyfriends before Christmas or Valentine's Day to avoid buying a gift for their partner.

The scrooge survey also found that 17 per cent admitted to copying CDs on to cassettes to save money while nearly 50 per cent said they took their own sweets to the cinema and 21 per cent said they asked people to call them back when calling on a mobile phone.

Twenty-three percent reused stamps which had not been stamped in order to save pennies while nine in 10 people took up "two for the price of one" offers in shops.

One in seven people admitted to having their hair cut extremely short to avoid making return trips to the hairdresser.

In addition, 29 per cent owned up to helping themselves freely to shampoos and gels in hotel rooms along with towels and bathrobes.

But while many Britons are keen to scrimp and save at home, they are not that smart when it comes to picking a bank account which offers high interest rates, British bank Abbey National said about the survey's findings.

The bank said nearly 25 million people in Britain hold accounts in one of the four major banks which offer far lower interest rates on savings than a smaller bank.

"It is interesting to see that many of us will go to such extraordinary lengths to save the pennies, but are prepared to waste pounds when it comes to our current account," said John Berry of Abbey National.

The survey of nearly 1,000 people was carried out in August by the polling organisation NOP.

- AFP

Copyright 2002 The Age Company Ltd.