Holiday splurge
According to Wonga’s Festive Spending Survey, South Africans aged between 18 and 65 are expected to spend an average of R5 706 each during this festive season, adding R204 billion to the economy. Average expected spend is split between holiday indulgences (R2 174), travel – including standard commutes or holiday trips – (R1 633), gifts (R1 232) and entertainment (R667). 76% of survey respondents stated they spend more than usual over December. (http://bit.ly/2GbxQ3o)
That’s it for Fact-a-Day for 2018. We’ll resume mid January. Have a great break!