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People born in January receive fewer gifts than those born in other months. This is due to the financial restrictions that many people experience after the New Year holidays, reports daily.afisha.ru with reference to Money.
A study by the British financial platform Money showed that the cost of January birthday gifts is on average 1300 euros less than for others. A third of respondents admitted that they spend 34% less on January gifts.
Money personal finance expert Salman Hakki explained that after the New Year holidays, many people are trying to cut down on expenses. This may include limiting spending on gifts, events and parties. As a result, January birthday celebrants may feel left out.
Additionally, the study found that people spend 16% more on gifts for mothers than on gifts for fathers. Judging by the data, the biggest expenses are on gifts for significant others (on average 108 euros), followed by children (85 euros) and parents (50 euros).