ING Direct have carried out some research which shows that people budget £45 for a night out but overspend by 100%! They also plan to spend £40 on a first date but overspend by £28 (70%)! Men are also more likely than women to overspend on nights out.
To help students replenish their savings after such a spending shock ING Direct is asking people to recreate their own “airbag moment” (have a look at this YouTube clip) for their chance to win a cash prize of £1,000.
I’m sure this is something lots of you can relate to and £1,000 in the back pocket is always nice. The comp is online here.