Couples risk debt for love
Article Category: Debt Management Help and Advice
Loved-up couples showering each other with tokens of affection might be storing up problems on the money front.
According to price comparison website monesupermarket.com, men splash out an average of £1,326 each year on items such as anniversary gifts, dining out, flowers and special holidays.
Women are not so generous, forking out an average of £659.
London males spent the most, at around £1,776 while those in the north laid out £873.
Richard Mason, from moneysupermarket.com, said: "People might laugh at the North where the starry-eyed spend is less than half of that in London, but £873 a year is still a pretty respectable figure.
"It’s certainly my job as someone who lives and works in the North to defend our romantic credentials.
"And it’s the Midlands that have the dubious honour of having three per cent of people spending nothing on their partner."
Cars seem to rate quite highly in some mens’ affections, as the figures also reveal that car fanatics in their 20s spend an average of £956 each on automotive non-essentials.
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