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One fifth of consumers want to save for cosmetic procedures

28% of consumers surveyed said they save less than €100 every month.
Mar 6th 2017, 12:43 PM 8,949 10

OVER ONE FIFTH of consumers admit wanting to save for a cosmetic procedure.

The findings were the result of a survey conducted by Bank of Ireland/RED C Research, involving 1,000 respondents.

The top types of the procedures consumers would ideally love to save for was teeth whitening (47%) followed by veneers (24%).

When it comes to how good people think they are at saving, 57% stated that they are either very or fairly confident in saving the same amount every month for the next few years. This compares to just 13% of those they weren’t confident at all.

One in four (28%) consumers surveyed said they save less than €100 every month, with one fifth (20%) saving between €100 and €200 on a monthly basis.

Almost half of savers (48%) said they are saving for a rainy day, with holidays (38%), home improvements (22%) and cars (20%) also featuring prominently as saving goals.

There’s also a bit of good news, with 80% of seasoned savers admitting that saving gets easier with practice, and 88% saying it is easier to save when you have a goal in mind.

Read: Increase in number of women undergoing surgery on their genitals

Read: Faulty breast implants lead to €60 million payout to 20,000 women

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Gráinne Ní Aodha

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