the Wedding Planner

UK Wedding News

09/12/2016

Most Men Want Cash For Christmas

A new survey has found that almost half of people in Northern Ireland would prefer to receive cash rather than a gift this Christmas.

The research by Standard Life also revealed that men are more likely to choose cash than women.

In NI, some 45% of people said they would rather receive money for Christmas. Across the UK as a whole, 56% men said they would prefer money, while just 45% of women said the same.

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Among those who would prefer to receive money, 43% said it was so they could put it towards something that they wanted. Just 16% admitted they would add it to their savings. Interestingly, those under the age of 35 were the most likely to put any Christmas cash into savings.

Elsewhere, while 62% of 18 to 34-year-olds said they would prefer money to a present, 61% of those over the age of 55 said they would rather receive a traditional present.

Jamie Jenkins, a personal finance expert at Standard Life, said: "While some people might see gifting money as lacking thought, it's actually what lots of us really want."

(JP)

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"A new survey has found that almost half of people in Northern Ireland would prefer to receive cash rather than a gift this Christmas."