Confused.com finds more people admit to shoplifting than fiddling insurance claims
Confused.com has revealed the lengths Brit’s have gone to in order to raise and save cash when times are tight. More people admit to having fiddled their work expenses (4%) and wearing clothes then returning them to the shop (4%) than exaggerating insurance claims (2%). 13% admit to having used teabags twice while nearly one in five (18%) admit to taking free sachets of salt, pepper and ketchup from food outlets to use at home. 4% admit to having eaten fruit directly from bushes at ’pick your own’ patches whilst 10% have swapped to smoking rolling tobacco.
Confused.com revealed the top 25 ways to save money on its website, which includes a variety of suggestions from its survey data. The money saving research also highlights some of the less desirable things respondents have done for money in desperate times.
Chris Griffiths, savings expert at Confused.com, said: "Our research shows that there are lots of things we do to save some cash when times are tight, and while this type of cost cutting can help in the short term it may not help you get to the root of the issue. Have a look at your income and outgoings and see if there are any small changes you can make, ask yourself honestly is there anywhere you can cut back spending on non-essentials? If you’re struggling to find out where to start cutting the pennies, why not try out our new online cost savings calculator to see where your cash is going, and then set yourself a target of what to save.
“To help avoid falling short if anything unexpected should happen, try to put aside a savings pot for a rainy day, giving you a back up to rely on if there are unexpected costs you may not have budgeted for. With tax-free, instant access, fixed term and regular savings accounts to choose from, there’s something for everyone, no matter what your savings needs or ambitions.”
Confused.com provides a cost calculator on its website which helps to add up the cost of day to day expenditure over a month, allowing users to budget appropriately.
Confused.com is one of the UK’s biggest and most popular price comparison services. Launched in 2002, it generates over two million quotes per month. Initially providing quotes for car insurance, it has expanded its range of comparison products over the last couple of years to include home insurance and travel insurance, as well as financial services products – it now offers credit card comparison and can compare loans.
Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding great deals for them on a wide-range of insurance products, financial services, utilities and more. Confused.com’s service is based on the most up-to-date information provided by UK suppliers and industry regulators.
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