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An empty wallet with a few euro coins via Shutterstock

People spent more money than they usually would during the heatwave

Barbecues, trips to the beach, paddling pools… it all added up.

BETWEEN BARBECUES, TRIPS to the beach and the search for the ever-elusive paddling pools, a lot of people ended up spending more money than they usually would during the recent heatwave.

A new study has found that more that one third of people increased their spending during those balmy days as temperatures hit the high 20s across the country.

Unsurprisingly, people with young children (47 per cent) and adults aged between 25 and 34 (45 per cent) were the most likely groups to spend more money in the warm weather.

The most popular unplanned expenses – because not a lot of people had planned for actual warm weather during the summer, obviously – proved to be daytrips and outings, followed by summer barbecues and new furniture or equipment for gardens, according to the Millward Brown study carried out for KBC Bank.

“Saving for a rainy day turned into saving for a sunny day during the last quarter, which made for a welcome change in Ireland,” said Dara Deering of KBC Bank Ireland.

The survey also looked at saving and found that 79 per cent of people in Ireland have a savings account, with €223 the average amount of money saved per month.

A recent study by the Central Statistics Office found that eight out of ten households in Ireland have reduced their spending during the recession.

Read: Almost everyone has cut spending as a result of recession >

Read: The average Irish worker earns €36,079, €174 more than in 2011 >

Read: Fall in personal loans and holiday home mortgages as households pay off debt >

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14 Comments
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    Mute dna30
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    Aug 14th 2013, 6:34 AM

    I think the heatwave became the holiday everyone couldn’t afford. People were just spending their holiday pocket money

    153
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    Mute Montys Moonshine
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    Aug 14th 2013, 7:53 AM

    I spent everything I had on 99′s

    81
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    Mute Right Wing Steve ©
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    Aug 14th 2013, 8:01 AM

    That’s just something that mammies and daddies do with a flake.

    32
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    Mute Marlon Major
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    Aug 14th 2013, 7:08 AM

    During the great weather… I heard no one complain about tbe weather. It was awesome!

    I hope we have an Indian Summer.

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    Mute fizi_water
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    Aug 14th 2013, 6:49 AM

    That’s right spent small fortune on ice creams last July.

    39
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    Mute Rónán O'Suilleabháin
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    Aug 14th 2013, 8:52 AM

    This. I was probably 20 the last time I bought and ice-cream on the go. Since shops can’t be bothered keeping drinks cold anymore, sticking them in a fridge without a door, I was forced to buy ice creams :)

    31
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    Mute Patitas
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    Aug 14th 2013, 7:10 AM

    How much is “more”? 1%, 10%?

    And more compared to what? Last month? Last year’ summer? Last Christmas?

    A bit more effort to produce meaningful analysis will be appreciated…

    37
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    Mute sluazcanal
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    Aug 14th 2013, 10:26 AM

    I can’t find the article but I read it was 1057%. Hope that helps.

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    Mute BadDrivingIreland
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    Aug 14th 2013, 7:05 AM

    I went a bit mad in the ice creams myself, forgot what they tasted like.

    35
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    Mute fizi_water
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    Aug 14th 2013, 7:53 AM

    Yeah I think my all time favourite is Mcdonald’s chocolate sundae, don’t like those with crumbled stuff in them like McFlurry etc. Then followed closely by Ben and Jerry’s and local ice cream man van 99 cent plain vanilla cones (for convenience too ha ha). Oh those were the times.

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    Mute Right Wing Steve ©
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    Aug 14th 2013, 7:56 AM

    You wont beat an Ice-Berger, wins hands down every time

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    Mute Sandra Mc Donald
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    Aug 14th 2013, 8:24 AM

    Cans of cider to cool ya down;-)

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    Mute Superguy
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    Aug 14th 2013, 6:38 AM

    And boiling eggs make boiled eggs… Who would have thought.

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    Mute A.G
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    Aug 14th 2013, 11:33 AM

    It was all the “BOYYYZ” buying their dry cider, and standing in their gardens heckling “CHUNG ONES”. It was like an Anti-t-shirt campaign was going on in finglas.

    5
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