The lockdown was a good time for many young people to think about how they can boost their savings as well
New Barclays’ research found that 36% of Brits are going to spend money on a haircut within the first month of lockdown restrictions being lifted.
At the same time, 26% of them are more likely to spend a family day out, whereas 23% and 21% will go to the pub and book a holiday, respectively.
When asked what they are most looking forward to as lockdown starts to ease, 48% of Millennials said visiting family and whereas for 37% it’s meeting friends. In addition, 25% would like to go on holiday and 23% can’t wait to have the freedom to do whatever they want.
During the lockdown, people from 18 to 29 years old have increased credits to their savings accounts by 3.8%. Therefore, their savings balances have grown by 9.9% which is the highest percentage increase than any other age group.
We’ve reported that 16% of Chinese internet users from 18 years and older responded that travel is likely to start its recovery in May. At the same time, 15% revealed they would travel again in either June, July, or August, whereas 14% of respondents said they would in October.