Brits 'could save millions' on souvenirs
People in the UK could save themselves millions of pounds if they restrained themselves when buying holiday souvenirs, a new study has found.
Research carried out by Cahoot found that one in three people find it hard to resist the urge to buy tacky holiday gifts.
According to the report, some £231 million is spent on cheap souvenir items, 68 per cent of which goes on novelty items.
For 13 per cent of people the main impulse holiday buys are holiday slogan t-shirts and hats, while nine per cent blow vacation cash on beach accessories.
"Holidays are all about fun and splashing out, but as our research shows it is still important to keep a close check on your finances when you are taking a break," said Matthew Timms from the online bank.
A quarter of people who received souvenirs from friends last year said they considered the items to be junk.
A recent report from the Post Office suggested that cities in eastern Europe could become more popular among holidaymakers looking to save money in the wake of the credit crunch.
Another way to avoid overspending on holiday, simply buy one of our global SIM cards here.
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