Summer's in the air, and that can only mean one thing – it's time to fire up the BBQ! People across the country are delving into garages and the inner depths of sheds to rescue the all-important barbeque for a bit of weekend fun, but it seems that many Brits could be over-indulging in the process – and not just on food.
According to a study by TopCashback.co.uk, summer is the most expensive season for many Brits as they take advantage of the opportunity to splash out on holidays, festivals, days out and sporting events, and even a new summer wardrobe to make the most of all that sunshine.
It seems that barbeques can be a particular threat to the budget, with the typical Brit spending an average of £520 on hosting and attending barbeques during the summer months. On average, respondents plan to host four barbeques and spend £100 on each, and will attend an additional four hosted by someone else, but even this will rack up a bill of £30 each time on food, drink and gifts to take with them.
A particularly generous 18% of respondents will spend £300 on hosting a single barbeque for their friends and family, while a further 43% plan on doing up the garden for the season – with 34% spending around £300 on the revamp – highlighting how quickly summer costs can get out of control.
Given the expense, it's perhaps no wonder that 40% of those surveyed said they worry about not having enough money to cover their summer spending. Some take precautions, with 21% admitting that they cut back on spending during winter and autumn so they can enjoy the summer more – a sensible move, particularly if they squirrel away the extra money into a savings or high interest current account to maximise their summer spending pot.
Other top tips for not spending too much include stocking the freezer with BBQ goodies when you spot a good deal, or making the most of loyalty schemes, discount codes and cashback deals, said Natasha Rachel Smith, consumer affairs editor for TopCashback. "Summer can easily be an expensive season as we do more activities outside to make the most of the inviting weather, which can drive up costs," she said. "Planning ahead can ensure the cost of summer's months of fun go by like a breeze."
Prepare for summer with the top savings accounts
Check out the latest voucher codes
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.