North Ireland Has Largest Family Spend
How much money does your entire family spend in a single week? If you sat down and added up the totals we’re sure you would be genuinely amazed at how much money filters through and back out of your household on a regular basis, especially if you have teenage children!
According to the latest figures from the Office of National Statistics however, you may well not be spending as much as the typical family in Northern Ireland. The country has come out on top as the one spending the most per week per household, beating England, Scotland and Wales.
The ONS has revealed that the average payout for families amongst the six counties of Northern Ireland totalled as much as £479.70 between 2006 and 2008, around £14 more than people in England, £46 more than Scotland and £73 more than those in Wales.
So what are the people of Northern Ireland spending that extra money on? Some of the largest difference in expenditure includes clothing and shoes, which comes to around £34 in Northern Ireland and only £22 in England. In fact, our clothing and footwear spend has dropped by a large amount and figures haven’t been so low since 2001.
Spending in England as a whole might be lower than Northern Ireland, but overall spending in the South of the country and London was actually much higher than the average, so it certainly depends on where you live in the country, not just the average itself.
How much do you think your family spends every week on everything from new shoes to paying the telephone bill? It’s easier to work out your monthly totals first if you have a lot of monthly outgoings such as direct debits.