More than half of Brits struggle to manage their daily spend
According to the Barclays research, 63% of Brits admit they struggle to stay in control of their spending. 39% of them confess in spending on unnecessary products just out of boredom. Some people revealed they have even started keeping their money in the underwear drawers (22%) or even stowing it under the bed (17%).
At the same time, 35% of the people surveyed are aware of the fact that they spend too much on the items when they know they shouldn’t. 23% admit to spending too much money because there’s nothing to stop them. Some Brits (24%) say they feel unsettled if they haven’t gone shopping for a week.
This way, Barclays has collaborated with TV personality – Fearne Cotton to design bespoke illustrations for a selection of lucky Brits, reaching their goals, interests, and motivations. Barclays customers will be able to use the free debit card personalization service, printing their image onto their card as a daily reminder of their actions and goals.