A new survey by CompareCards finds:
- Once social distancing guidelines are lifted, the first things most people want to spend money on include:
- Eating out at a restaurant (26%)
- Traveling to visit family (15%)
- Getting a beauty treatment like a haircut or manicure (13%)
- Booking a vacation (9%)
- Shopping (6%)
- Getting drinks at a bar (6%)
- Physical activity like joining a gym (4%)
- New decor or furniture (2%)
- Non-essential health treatment such as a massage (2%)
- Tickets to an event (2%)
- In fact, the average person has saved about $330 because of reduced expenses.
But once stay-at-home orders are lifted completely, folks are ready to use that saved money to splurge.
- The biggest splurge folks are planning is a vacation (19%).
- Other splurges include:
- Pricey home repair (11%)
- New clothes or accessories (10%)
- Expensive meal out (10%)
- New car (9%)
- New furniture or home décor (6%)
- Pricey car repair (6%)
- Expensive spa or beauty treatment (5%)