youthmoney

Sorry—no chance. That’s the response to anyone trying to pay for DVDs or CDs in Zavvi with a gift voucher or card.
Though the high street record store went bust on Christmas Eve, it is still trading. But those holding vouchers are creditors, not customers.
That leaves young people who received vouchers as gifts holding worthless pieces [...]

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Ask someone how much a present they’ve been given is worth. They tend to give it a lower value than the price the giver actually paid. Some years ago a US economist got interested in this, and did some quick research.
The yuletide economics of Joel Waldfogel show that when you give someone a present, about [...]

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How much should young people put into their budgets for presents for their partner?
Adults on average spend 3.5 per cent of their salary – £62 a month or £744 a year, according to MoneyExpert, the financial comparison website.
On £46.85 income support, that would be around £1.60 a week…

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