Key Quotes - Money

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Last update: Wednesday 25th March




The average cost of a motor claim in 2003 was much higher for young drivers and men than for women.
Money	The Sentinel – 13th July 2005



In 2002, Ethiopia spent twice as much on debt relief than on water and sanitation.
Money	Idea Magazine – July/August 2005



Developing countries pay $100m per day servicing debts.
Money	Idea Magazine – July/August 2005



Britons are collectively spending £4.18 billion at the airport while waiting to board their holiday flights, a survey showed. The average person spends £120 at the airport on duty free products, last minute essentials and currency exchange, according to Morgan Stanley Consumer Banking.
Money	The Sentinel – 6th July 2005



On average, personal debt has increased by 50%, while incomes have risen by 23%.
Money	Jesus Life – Two / 2005



Personal debt has grown twice as fast as income since 1997 when New Labour took office.
Money	Jesus Life – Two / 2005



The biggest cause of rows within a relationship is not infidelity but money according to Relate.
Money	Jesus Life – Two / 2005



Total credit card debt in January 2005 was £54.1 billion. There are eight million more credit cards in the UK than people.
Money	Jesus Life – Two / 2005



Citizens Advice has had a 44% increase in numbers of people with debt problems in the past six years.
Money	Jesus Life – Two / 2005



A reader poll in the Daily Telegraph (4th June) concluded that 83% of givers are worried that their money will end up in the hands of criminals and corrupted governments.
Money	Christian Herald – 9th July 2005



Over the past five years, there has been a five fold increase in betting, with turnover rising from £7.6 billion in 2001 to a record £39.4 billion in twelve months to September, 2004. Gambling in all forms amounted to £63.8 billion.
Money	Jesus Life – Two / 2005



Britons are the biggest gamblers in Europe and third in the world after USA and Japan.
Money	Jesus Life – Two / 2005



A student on a three year course starting in 2006, who takes out maximum student loans and owes fees of £9,000, will be £20,745 in debt at the end of the degree.
Money	Jesus Life – Two / 2005



Unsecured debt per person has grown over 50% since 1997. Britain’s personal debt is increasing by £1 million every four minutes.
Money	Jesus Life – Two / 2005



Total UK personal debt broke through the £1 trillion (£1,000,000,000,000) barrier in July 2004 greater than the UK’s annual income.
Money	Jesus Life – Two / 2005

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