MINT Credit Cards: Mums want Primark not Prada

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www.moneynews.co.uk > Credit cards > MINT Credit Cards: Mums want Primark not Prada

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MINT Credit Cards: Mums want Primark not Prada

Mothers are losing their desire for designer outfits, according to a survey by MINT Credit Cards.

Instead of spending their money on themselves, MINT Credit Cards research found that mums are spending more of their money on their children's clothes.

Of those surveyed, two thirds of mums with children under three years old said they spend more on their kids clothes than they did on their own.

On average mums were found to spend £406 a year on their toddlers wardrobe and a third of all mums said they spent the money on designer outfits.

Primark now seems a more likely place for mums to be found shopping than Prada as 55 per cent of those asked said they now shop at budget stores for their own clothes.

Jerry Toher, managing director of MINT Credit Cards, said: "The financial pressures on modern mums are greater now than ever before without having to worry about budgeting for a baby's wardrobe. As long as people look to manage their money sensibly, credit cards can be an effective way to control short-term expenditure."

Prada shoes for kids can cost hundreds of pounds while ladies shoes in Primark are considerably less expensive.

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