IMPULSIVE BRIT SHOPPERS SPLURGE UP TO £9,000 ON UNUSED ITEMS A YEAR

With Government data showing Disposable income in the UK is up by £400 per household compared to last year, Share to Buy analyses where does the average Brit spend their disposable income and found Brits make up to nine impulsive buys a month on ‘good deals’, spending almost £200.

One in 10 people experience a ‘Shopper’s High’ during an impulse purchase, and these often go to waste, according to MyJar. One study of the high shoppers get when splurging revealed that up to £9,000 of the money we spend a year is wasted on items that we don’t even use.

Top Money Wasters Per Year

£628 – Rarely used TV packages

£528 – Unused mobile phone credit

£733 – Unworn clothes

As a nation, we love bargains so much that, these spontaneous sprees end up adding up– around 6,500 impulse buys a lifetime, adding up to a whopping £144K. .

UK’s top 10 impulse purchases include:

  1. Chocolate
6. Books
  1. Clothes
7. Beauty Products
  1. Takeaways
8. Shoes
  1. Coffee
9. Magazines
  1. Lunch
10. Underwear

One in 10 people experience a ‘Shopper’s High’ during an impulse purchase, and these often go to waste, according to MyJar. One study of the high shoppers get when splurging revealed that up to £9,000 of the money we spend a year is wasted on items that we don’t even use – around £628 of this is on rarely used TV packages, £528 on unused mobile phone credit and £733 on clothes we’ll never wear.

  • Unwanted subscriptions: Around half the country has been caught out by free trial subscriptions according to YouGov, either by forgetting to cancel or being unable to, and it cost us around £800 million in the last 12 months. One in eight people has paid for an unwanted subscription for over four months before cancelling, with 23% paying for up to three months.
  • Mobile data: Most mobile users waste around 2GB of data a month, and 71% of mobile customers are overpaying for data they don’t use, at a total cost of £800 million per year.
  • Clothing: A study commissioned by Vanish revealed that one in 10 Brits admits to throwing away clothing that doesn’t fit rather than returning it, while the average person throws away eight items a year, adding up to around £500 of wasted cash per person. One government report state that 300,000 tonnes of clothing ends up in household bins in the UK each year.

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