Choose clothes 'wisely' for big savings
www.moneynews.co.uk > Banking > Choose clothes 'wisely' for big savings
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Choose clothes 'wisely' for big savings
Tue 26th Jun 2007
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Figures released by Scottish Widows indicates that consumers waste an average of £6,044 on unwanted clothes during their lifetime.
Scottish Widows' research also indicates that some 60 per cent of respondents admit to being economical with the truth about the cost of clothing they purchase.
Londoners are the most likely to be indulgent with clothing purchases, with nearly two-thirds admitting that they are not entirely straight-up about their finances.
Mike Hoban, customer and brand marketing director at Scottish Widows, said: "Shopping may be fun but, as this study shows, a large proportion of the money we spend on clothes and shoes is going to waste in our wardrobes instead of staying in our wallets."
He added: "By simply taking a few moments to consider whether you actually need to buy the item in the first place, you'll be able to cut down on non-essential purchases and save lots of money in the process."
Related News : Banking |
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