More than three times as much money was added to saving pots in the “year in lockdown” versus the previous year, with the average saver doubling the value of their pot.
That’s according to new data from money management service Monese, which has collated data on spending habits a year on since coronavirus lockdowns began.
Following the initial lockdown announcement, spending took a substantial dive, with the week of April 12 2020 coming out as the thriftiest week of the year. Nearly a quarter (24%) fewer pounds were paid out.
Over the course of the year, however, Brits spent 16% more overall with online shopping transactions soared by 80%.
With strict restrictions in place, the data showed that many of us turned to DIY and home décor in a bid to keep the boredom at bay, investing 184% more on tools and supplies to get our homes and gardens looking their finest.
This increase in DIY spending saw their estimated total investment rise up to £7,458 ($10,223) per…
