Six in 10 people will spend on ‘bucket list' dream activities in 2025
Nearly two-thirds (65%) of Gen Z adults aged 18 to 28 plan to spend more on experiences this year, a survey has found.
Across all age groups, nearly half (48%) of people plan to spend more on experiences in 2025 than they did last year, according to the research for Mastercard.
Travel and tourism, foodie experiences, heritage, arts and theatre, films, live music and family occasions are among the most popular experiences people plan to spend on in 2025, the survey indicated.
Six in 10 (61%) of people across the survey are planning to tick a 'bucket list' dream experience off the list this year, rising to 83% of Gen Zs and three-quarters (75%) of Millennials (aged 29 to 44).
Nearly one in five (18%) people plan to tick off two dream experiences in 2025.
Beatrice Cornacchia, executive vice president of marketing and communications for Asia Pacific, Middle East & Africa, Europe at Mastercard, said: 'We're seeing a shift in consumer priorities this year with people making savings in everyday spending to afford bucket list experiences they've always dreamed of.'
The research also indicated significant numbers of people are cutting back on luxury treats (36%), dining out (36%) and coffee and takeaway habits (35%) in order to spend more on memories and experiences.
Most (75%) people said they check experiences offer the best value when compared with others and fit into their budget and savings goals (78%).
Around 1,000 people were surveyed across the UK by Dynata in February for Mastercard's research.
Barclays said last week that cinema spending among UK consumers had jumped by 25.9% between November 2024 and February 2025, compared with a year earlier.
Rich Robinson, head of hospitality and leisure at Barclays, said last week: ' Competition for consumer leisure time has never been fiercer. Cinemas are adapting by making the experience of going to see a film more enjoyable, such as by installing sofas and reclining seats, and improving food and drinks menus – even offering in-seat service.'
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Daily Mail
a day ago
- Daily Mail
JEFF PRESTRIDGE: NatWest leaves tourist hotspot without a single bank branch
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Whatever season it has been when I've visited, the town has always been bustling. And I'm not the only one left baffled. Tim Farron, Liberal Democrat MP for Westmorland and Lonsdale, is appalled that, outside of Kendal, there are now no bank branches in his constituency – and no replacement hubs in towns abandoned by the banks – the likes of Ambleside, Coniston and now Windermere. Earlier this year, after the NatWest closure in Windermere was announced, he said: 'We desperately need banking hubs so locals, especially elderly and vulnerable people, have access to face-to-face banking services.' Last Thursday, MPs raised similar concerns in a backbench debate in the House of Commons on banking hubs and branch closures. Ian Lavery, Labour MP for Blyth and Ashington, led the way. He is frustrated that a community request to get a hub in Bedlington, Northumberland, was recently knocked down by Link. 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NBC News
a day ago
- NBC News
When it comes to saving, Gen Z asks: ‘What's the point?' That's dangerous, expert says
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Scottish Sun
2 days ago
- Scottish Sun
Holiday ATM warning that could leave holidaymakers without cash this summer
Read below for another mistake you should never make BANK ON IT Holiday ATM warning that could leave holidaymakers without cash this summer Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) HOLIDAYMAKERS might end up without cash this summer if they are not aware of this banking feature. Many travellers choose to withdraw cash at the ATM when they are abroad. Sign up for Scottish Sun newsletter Sign up 1 There is a limit on how much money you can take out from a cash machine abroad Credit: Getty However many could be unaware that there is a limit to how much you can take out every day The amount can vary so it is worth checking with your provider ahead of your travels to avoid being caught short. Below we share how much money each high street bank lets you withdraw each day. BARCLAYS The bank of over 20 million Brits lets customers withdraw up to £300 per day when abroad. This rises to £1000 for those with a premier account. Barclays said customers have amended their cash limits in their Barclays app then these will apply when abroad as well. That means if you set your withdrawal limit to £200, you will only be able to take this much out when you are abroad. You will also be charged a 2.99% fee for withdrawing cash abroad with your Barclays debit card. That means you would be charged an extra £2.99 for withdrawing £100 abroad. The fee will also apply if you pay using your debit card. Lloyds Lloyds said customers can withdraw up to £800 per day when abroad. However, it warned the amount you can take out may vary depending on which ATM you choose to withdraw cash from. Lloyds customers are also charged a 2.99% fee for using their card abroad. But Club Lloyds members have recently had this fee waived as part of changes to the scheme. It now costs £5 per month to have a Club Lloyds account after the price was hiked from £3. Halifax Halifax is a subsidiary of Lloyds and also has a £800 maximum withdrawal fee. Customers are also charged a 2.99% fee for using their card abroad. But from August 1, Halifax Rewards customers will have this charge removed. It comes as part of a refresh of the banking offer, which will see new features added and some taken away. SANTANDER The high street bank said the highest amount that customers can withdraw abroad is £300. The same rate applies to customers withdrawing cash in the UK. This applies to Santander customers using the Edge, Edge Up and Everyday current account. However customers with a Private Current Account, which has a £5 monthly fee, the daily withdrawal limit can be up to £1,500. Santander warned this may vary depending on the ATM. NATWEST NatWest has over 19 million users across the UK, making it another popular bank for customers. How much you can withdraw from an ATM when abroad depends on what type of account you have. For example, customers with a student, graduate savings and teen accounts have their limit set at £250 per day. This increases to £300 for those with premium accounts such as NatWest Silver of Platinum, which offers rewards and travel insurance. The bank also charges customers a 2.75% fee to use their debit card abroad. NATIONWIDE The bank, which has 17 million customers, said current account holders can withdraw up to £500 per day at an ATM abroad. However, the bank warned overseas banks may put higher limits on transactions. For safety purposes and customers may find they are only able to withdraw a sterling equivalent of £135 to £150 per transaction. If customers are affected by this, they can make further withdrawals on the same day up to the accounts withdrawal limit. Customers may be charged for their transactions. Nationwide customers are charged a 2.75% fee to use their debit card abroad. BEWARE OF THIS SIMPLE MISTAKE If you are travelling abroad this summer you should also be aware of this easy ATM mistake that could cost you. Cash machines will usually give you the option to pay in the local currency or in pounds. It may seem like the obvious option to pay in pounds, as it's more familiar and the currency linked to your card. However, by choosing this option you could end up paying more for the cash coming out of the ATM or for the goods you're paying for at the till. That is because the overseas bank will do the conversion to pounds and the rates are unfavourable. However, if you choose to pay in the local currency your card will instead do the conversion which is usually much more favourable. So if you are keen to save cash when abroad, you should opt to pay in the local currency and not pounds.
