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| Think
Before You Buy! |
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| Top
of the shops – clothes come first among pointless
purchases. |
Women
with a penchant for clothes and shoes waste millions of
pounds a year on pointless buys that never or rarely see
the light of day. If they’re honest, most will admit
to having plenty of silly fashion buys languishing in
their wardrobes. On the other hand men, let’s face
it, tend to wear their fashion mistakes until they have
holes in.
Consumer research from Abbey Savings reveals that Britons
waste over £169 billion buying expensive items they
hardly ever use. The average person has made £3,685
worth of costly pointless purchases, with clothes topping
the list of most unused items, followed by fine china
and inappropriate shoes.
Not surprisingly, women are the biggest squanderers, which
all husbands and partners will no doubt attest to.
The study found that half of all Britons have an expensive
item of clothing that they hardly ever wear, with a further
35 per cent owning unworn shoes. The study found that,
on average, this amounts to around £102 per adult
in the UK, but most women will admit to far more than
this – 58 per cent own unworn clothing, compared
with 40 per cent of men, and 45 per cent own uncomfortable
shoes, compared with just 23 per cent of men.
 However,
men appear to outdo women when it comes to gadgets growing
dust, with 28 per cent owning a video camera or games
console that is hardly ever used, compared with 25 per
cent of women. If men think they can moan about their
wife or partner wasting money on clothes, they should
be reminded that their barely used gadgets, such as games
consoles and video cameras, represent to a whopping £297
of wasted cash on average.
Filled with the best of intentions to fit into their fashion
disasters, 24 per cent of British people squander around
£167 on exercise equipment they hardly ever use.
The average person uses their expensive exercise kit just
nine times a year. Eight per cent of us are members
of a gym that we hardly ever visit, while 23 per cent
own a health or beauty gadget that they only use around
six times a year, wasting about £206.
Reza Attar Zadeh, head of savings at Abbey, says, “It
seems that the majority of Brits aren’t making their
assets work hard enough for them. With 64 per cent
of UK adults having bought a big-ticket pointless purchase,
we’d recommend that people consider carefully where
they are investing their hard earned cash.”
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