Yesterday I asked what you’ve given up during the recession, with the news that us Brits have been reluctant to give up on our luxuries, such as holidays and lottery tickets.
It also seems that we’re unwilling to do without technology – research from Ofcom suggests we are actually more likely to cut back on holidays and home improvements than we are to cut back on our mobile phones and television subscriptions. I guess this could be a knock-on effect of people staying at home more.
I’d have to concur with the research – I can hardly say I’ve been cutting back on technology when I’ve just forked out for an iPhone that I don’t really need, although we have been talking about cutting back on Sky TV, although that’s more for our sanity rather than to cut costs.
- Brits ‘Overwhelmed’ & ‘Stressed’ By Money Management (January 12, 2017)
- first direct Launches Face ID For iPhone X Mobile App (November 3, 2017)
- Huge Infographic: The Mobile Banking Revolution (February 4, 2015)
- Contactless Payments “Cause Brits To Overspend” (September 13, 2016)
- HSBC Launches Talking Cash Machines (May 10, 2017)