Boozy Brits shell out 6.5k a year on nights out...

From rounds of shots to late night kebabs and losing cash, new research has revealed the TRUE cost of nights out each year for boozy Brits – and it’s more than you might think.

A nationwide survey has revealed the nation’s 18-35 year olds now go out on average TWICE a week with friends, budgeting £50 per evening out (£5,200 a year on average)

But a hapless 78 percent routinely go over their budget after the alcohol starts flowing, splashing a FURTHER £1,389 a year on things they did NOT plan to spend money on.

According to the poll, young Brits fork out an additional £340 a year on fast food they regret the next day, as much as £174 on impromptu rounds of shots they wish they’d never bought - and £280 on taxis when they intended to catch the last bus or train.

In an average year, young Brits will also “lend” £145 to pals which they will never see again, fork out £88 paying for friends to get into clubs - and waste £170 treating friends to meals or food because they were feeling generous.

However, the majority are filled with regret the next day when the hangover kicks in – with 77 percent saying they always wake up with a feeling of dread about how much money they have spent.

And as a result, almost half (49 percent) of those in relationships say they regularly lie to their partner over how much money they have wasted.

85 percent of the 2,000 young adults polled by sellmymobile.com said they often think their money could be put to better use than spending it on nights out, with as many as 90 percent complaining they are currently in debt due to their lifestyle.

A further 20 percent have been hard up in the past due to their booze fuelled, party lifestyle.

The poll showed 27 percent of Brits have smashed their phone on night out in the last year, while 26 percent have ruined an expensive piece of clothing – and 19 percent have lost jewellery.

Vix Leyton for sellmymobile.com said “It’s not a shock that Brits make some questionable decisions when a drink has been taken, but those impulse rounds of shots and tipsy generosity, coupled with carelessness such as losing handbags and smashing phones can soon add up.

“Setting a budget and sticking to it can be tough, particularly in the face of temptation, but when you see how much Brits are wasting and how many wake up scared to look at their statement, it’s definitely worth trying.”

“If your phone has been a casualty, then there is a way to recoup some of the cost and you can still get cash back recycling a broken handset; an iPhone 6 64GB could still be worth £57 – that’s cash to either replenish your bank account or put towards a new phone – with a case.”

22 percent have lost their coat, 9 percent have misplaced their handbag and 8 percent have even lost their shoes.

ACTUAL YEARLY SPEND ON NIGHTS OUT FOR BOOZY BRITONS

Brits official budget for nights out £100 per week (£5,200 a year)

PLUS…
Boozy takeaways you regret the next day (eg kebabs / pizza) - £340
Splashing out on taxis rather than getting public transport - £280
Rounds of shots you regret the next morning - £174
Losing cash you don’t even remember getting out of the cash point - £192
Lending cash to friends which you never get back - £145
Footing the bill for meals / food with pals as you were feeling generous - £170
Paying for everyone to get into a club - £88

TOTAL = £6,589 A YEAR

ENDS

Contact harriet@gingercomms.com for more details about the research