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Press releaseYOUR PLACE OR MINE? CELEBRATING AT HOME AND STAYING LOCAL ARE THE TOP WAYS TO SEE IN 200929 December 2008
When it comes to ringing in 2009, over half (58%) of those who plan to go out this New Year’s Eve will stay local to save money. More than two-fifths (42%) are opting for low-key celebrations with friends and staying in, according to the latest NS&I (National Savings and Investments) Savings Survey. In many cases, personal finances will be high on the agenda when considering how to see in 2009. Just over four-fifths (81%) of respondents who plan to stay home on New Year’s Eve say that there are more important things to spend money on than one evening - more so for women (84%) than men (78%). However, even financial matters will not stop everyone from partying as over half (59%) of those planning to go out say they will try to save money by celebrating at free events. The survey also revealed that 65% of people are planning to be more resourceful this festive season to make their money go further. Some are concentrating the fun, with three-fifths (60%) of those who intend to be more resourceful over the festive period saying they would be more selective with the number of parties they would attend. Of course, there are some people who disregard the need to limit their spending on New Year’s Eve, with just under a half (47%) of those planning to go out saying the cost is unimportant and over a quarter (26%) saying they would pay as much as it takes to go to the best restaurant, club or bar. This attitude is more widely prevalent among men than women across both of these results. Dax Harkins, Senior Savings Strategist from NS&I said: “It is good to see that people are finding creative and less expensive ways to celebrate in an attempt to avoid a new year hangover. The onset of the New Year is an ideal time to give personal finances a health check, to work out budgets and to set your savings goals for the year ahead.” ENDS Notes to editors Male vs female statistics
Additional statistics are available on request. Quarterly Lifestyle Survey For a copy of NS&I’s lifestyle report, case studies or further information on the statistics supplied in this release please contact the NS&I media team. Previous copies of the survey are available http://www.nsandi.com/press-room/savingsurvey/index.jsp. Selected regional data is also available on request. The telephone survey, was carried out by TNS among 2012 GB adults aged 16 and above between 17 October and 26 October 2008. NS&I spokespeople are available for interview and high-resolution photographs can be supplied. Contact the media team to arrange an interview or request photographs by email. About NS&I NS&I is one of the UK’s largest financial providers with 28 million customers and over £85 billion invested. It is best known for Premium Bonds, but also offers Inflation-Beating Savings, Guaranteed Equity Bonds and Children’s Bonus Bonds in its range. All products offer 100% security, because NS&I is backed by HM Treasury. NS&I products are available over the telephone, internet, post and by standing order. They are also available through a network of Post Office® branches. Customers can also pick up brochures for our Premium Bonds, Inflation-Beating Savings and Income Bonds at retailer WHSmith in 400 of its High Street stores and 155 of its travel stores
Media team The numbers below are for media use only. Customers wishing to contact NS&I can find details here.
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