Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > KEEPING UP WITH THE JONESES: PARENTS FORK OUT £300 A YEAR ON LOOKING GOOD AT THE SCHOOL GATES
    Finance

    KEEPING UP WITH THE JONESES: PARENTS FORK OUT £300 A YEAR ON LOOKING GOOD AT THE SCHOOL GATES

    KEEPING UP WITH THE JONESES: PARENTS FORK OUT £300 A YEAR ON LOOKING GOOD AT THE SCHOOL GATES

    Published by Gbaf News

    Posted on July 6, 2017

    Featured image for article about Finance
    • Fancy cars and fashion top the list of ways to impress fellow parents on the school run
    • One in five expectant parents admit to feeling pressured to buy latest baby gadgets by the ‘NCT crowd’
    • Almost one third of parents feel pressured to spend on gadgets and trends to boost their kids’ street cred 

    With just 2 weeks left of the school term, new research released today by VoucherCodes.uk reveals huge sums of money are being spent on looking good on the school run, with parents splurging £300 per year on impressing fellow mums and dads.

    Feeling judged

    With nearly one third of parents (28 per cent) admitting to feeling judged by other parents when dropping their kids off at school, the research found that image-conscious mums and dads across the country are resorting to a number of tactics to ‘keep up with the Joneses’ at parent’s evenings, children’s birthday parties and the school gates, with fancy cars and fashion topping the list of ways to make that all important winning impression. Looking across the UK, four in 10 of those surveyed in the Midlands (40 per cent) said they felt judged by other parents, compared to just 8 per cent of parents in Wales.

    Top five most popular ways to impress fellow parents
    1.       Wearing a fashionable high street outfit in front of them
    2.       Styling hair (e.g. got a haircut or blow dry) before seeing them
    3.       Dropping the kids off at school in a flash car
    4.       Power dressing in business attire
    5.       Wearing designer items (e.g. handbags)

    Impressing the NCT Crowd

    For many, the desire to look good in front of other parents begins before their child is even born. Nearly one in five expectant mums and dads (18 per cent) confessed to feeling pressured to spend money on the latest baby trends for their new arrival – either to impress fellow parents at NCT classes or because they were influenced by maternity media including mummy blogs, parenting magazines and online parenting forums, shelling out an average of £168 on the latest gadgets and trends for their new arrival.

    Pester Power

    The pressure is also on for kids to look good in the playground; nearly one third of parents (30 per cent) revealed they feel forced to buy the latest must-have items for their children. Mums and dads around the country are forking out an average of £147 per year on ensuring their sons and daughters own the very best gear, setting aside £320 per year to pay for the latest tablets and laptops and £277 on the newest smartphones. But it doesn’t stop at tech – parents are also spending a considerable amount on ensuring their kids look the part, parting with £189 on the latest designer threads and £96 on the latest kicks for their little ones.

    Three in ten parents agree to fork out on the latest must-haves for their children to reward good behaviour (30 per cent), while more than one in 10 (13 per cent) confessed to ‘bribing’ their kids with gadgets and clothes in the hopes that it would encourage them to behave well in the future. The same proportion of parents (13 per cent) said they kitted their kids with the latest must-haves to ensure their children ‘fitted in’ a school and remained popular amongst schoolmates.

    Those in the East of England feel the most pressured to get their kids the latest must-have items, with nearly half of East Anglia residents (41 per cent) admitting to pester power, while those in Wales feel the least pressure, with just 23 per cent of mums and dads in the region feeling compelled to buy their children the latest gadgets and gizmos.

    Top five most expensive must-have items for kids Average amount spent per year
    Laptops & tablets £320
    Smartphones £277
    Designer clothes £189
    Handheld games console and games £156
    Latest must-have toys £120

    Children aged 12 to 16 are the most expensive group to buy for when it comes to looking good on the playground, with nearly one third of parents surveyed (28 per cent) revealing they used a credit card to help afford their kids’ must-haves. Perhaps even more worryingly, more than one in ten (14 per cent) went into their overdraft to help pay for the items, while five per cent said they had foregone family holidays to save up.

    “It’s interesting to see the amount that parents spend on ‘keeping up with the Joneses’ – whether that’s impressing fellow parent at the school gates or making sure their kids have the latest must-haves in front of their school mates,” said Anita Naik, Lifestyle Editor at VoucherCodes.co.uk.

     “To make sure the cost of these material possessions doesn’t eat away too much at your monthly budget and prevent you from being able to afford other family activities, make sure you shop around for gadgets and fashion for you and your kids – look out for discount vouchers and codes to cut the cost wherever possible.”

    • Fancy cars and fashion top the list of ways to impress fellow parents on the school run
    • One in five expectant parents admit to feeling pressured to buy latest baby gadgets by the ‘NCT crowd’
    • Almost one third of parents feel pressured to spend on gadgets and trends to boost their kids’ street cred 

    With just 2 weeks left of the school term, new research released today by VoucherCodes.uk reveals huge sums of money are being spent on looking good on the school run, with parents splurging £300 per year on impressing fellow mums and dads.

    Feeling judged

    With nearly one third of parents (28 per cent) admitting to feeling judged by other parents when dropping their kids off at school, the research found that image-conscious mums and dads across the country are resorting to a number of tactics to ‘keep up with the Joneses’ at parent’s evenings, children’s birthday parties and the school gates, with fancy cars and fashion topping the list of ways to make that all important winning impression. Looking across the UK, four in 10 of those surveyed in the Midlands (40 per cent) said they felt judged by other parents, compared to just 8 per cent of parents in Wales.

    Top five most popular ways to impress fellow parents
    1.       Wearing a fashionable high street outfit in front of them
    2.       Styling hair (e.g. got a haircut or blow dry) before seeing them
    3.       Dropping the kids off at school in a flash car
    4.       Power dressing in business attire
    5.       Wearing designer items (e.g. handbags)

    Impressing the NCT Crowd

    For many, the desire to look good in front of other parents begins before their child is even born. Nearly one in five expectant mums and dads (18 per cent) confessed to feeling pressured to spend money on the latest baby trends for their new arrival – either to impress fellow parents at NCT classes or because they were influenced by maternity media including mummy blogs, parenting magazines and online parenting forums, shelling out an average of £168 on the latest gadgets and trends for their new arrival.

    Pester Power

    The pressure is also on for kids to look good in the playground; nearly one third of parents (30 per cent) revealed they feel forced to buy the latest must-have items for their children. Mums and dads around the country are forking out an average of £147 per year on ensuring their sons and daughters own the very best gear, setting aside £320 per year to pay for the latest tablets and laptops and £277 on the newest smartphones. But it doesn’t stop at tech – parents are also spending a considerable amount on ensuring their kids look the part, parting with £189 on the latest designer threads and £96 on the latest kicks for their little ones.

    Three in ten parents agree to fork out on the latest must-haves for their children to reward good behaviour (30 per cent), while more than one in 10 (13 per cent) confessed to ‘bribing’ their kids with gadgets and clothes in the hopes that it would encourage them to behave well in the future. The same proportion of parents (13 per cent) said they kitted their kids with the latest must-haves to ensure their children ‘fitted in’ a school and remained popular amongst schoolmates.

    Those in the East of England feel the most pressured to get their kids the latest must-have items, with nearly half of East Anglia residents (41 per cent) admitting to pester power, while those in Wales feel the least pressure, with just 23 per cent of mums and dads in the region feeling compelled to buy their children the latest gadgets and gizmos.

    Top five most expensive must-have items for kidsAverage amount spent per year
    Laptops & tablets£320
    Smartphones£277
    Designer clothes£189
    Handheld games console and games£156
    Latest must-have toys£120

    Children aged 12 to 16 are the most expensive group to buy for when it comes to looking good on the playground, with nearly one third of parents surveyed (28 per cent) revealing they used a credit card to help afford their kids’ must-haves. Perhaps even more worryingly, more than one in ten (14 per cent) went into their overdraft to help pay for the items, while five per cent said they had foregone family holidays to save up.

    “It’s interesting to see the amount that parents spend on ‘keeping up with the Joneses’ – whether that’s impressing fellow parent at the school gates or making sure their kids have the latest must-haves in front of their school mates,” said Anita Naik, Lifestyle Editor at VoucherCodes.co.uk.

     “To make sure the cost of these material possessions doesn’t eat away too much at your monthly budget and prevent you from being able to afford other family activities, make sure you shop around for gadgets and fashion for you and your kids – look out for discount vouchers and codes to cut the cost wherever possible.”

    Related Posts
    EU to lift sanctions on Kosovo and release financial aid, von der Leyen says
    EU to lift sanctions on Kosovo and release financial aid, von der Leyen says
    EU risks losing out to China and US with climate aims, new Czech minister says
    EU risks losing out to China and US with climate aims, new Czech minister says
    British stocks rise as investors await Bank of England rate cut
    British stocks rise as investors await Bank of England rate cut
    Spanish police search laboratory in African swine fever probe
    Spanish police search laboratory in African swine fever probe
    Birkenstock sees muted sales growth and profit as tariffs hurt margins
    Birkenstock sees muted sales growth and profit as tariffs hurt margins
    EU prosecutors request dropping of Genoa dam case against Italian Webuild CEO
    EU prosecutors request dropping of Genoa dam case against Italian Webuild CEO
    UK consumer spending and confidence is muted, says Currys boss
    UK consumer spending and confidence is muted, says Currys boss
    Activist investor Corvex calls for strategic review at Premier Inn-owner Whitbread
    Activist investor Corvex calls for strategic review at Premier Inn-owner Whitbread
    Banks win bid to block $3.6 billion mass forex UK lawsuit
    Banks win bid to block $3.6 billion mass forex UK lawsuit
    Russian ban on Roblox stirs debate about limits of censorship
    Russian ban on Roblox stirs debate about limits of censorship
    France not ready to sign Mercosur deal, Macron reaffirms
    France not ready to sign Mercosur deal, Macron reaffirms
    Polish Constitutional Tribunal violated principles of EU law, European court rules
    Polish Constitutional Tribunal violated principles of EU law, European court rules

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Russia says it hopes Trump does not make a 'fatal mistake' on Venezuela

    Russia says it hopes Trump does not make a 'fatal mistake' on Venezuela

    Novartis, Roche back US efforts to lower drug costs amid talk of pricing deal

    Novartis, Roche back US efforts to lower drug costs amid talk of pricing deal

    Russia sentences Briton who fought for Ukraine to 13 years in prison camp

    Russia sentences Briton who fought for Ukraine to 13 years in prison camp

    Morning Bid: BoE to make the cut as others stay the course

    Morning Bid: BoE to make the cut as others stay the course

    Beauty retailer Douglas tempers growth forecasts for 2026 and beyond

    Beauty retailer Douglas tempers growth forecasts for 2026 and beyond

    Lufthansa plays catch up with European rivals after bumpy ride

    Lufthansa plays catch up with European rivals after bumpy ride

    Sterling steady before expected BoE rate cut

    Sterling steady before expected BoE rate cut

    European shares muted as investors cautious ahead of US data, ECB decision

    European shares muted as investors cautious ahead of US data, ECB decision

    BP names Meg O’Neill CEO after sudden Auchincloss exit

    BP names Meg O’Neill CEO after sudden Auchincloss exit

    Elliott gears up for Barnes & Noble and Waterstones listing, FT reports

    Elliott gears up for Barnes & Noble and Waterstones listing, FT reports

    Aena to buy majority stakes in UK airports for $360 million

    Aena to buy majority stakes in UK airports for $360 million

    Micron surges on upbeat profit forecast as chip prices soar

    Micron surges on upbeat profit forecast as chip prices soar

    View All Finance Posts
    Previous Finance PostPEER-TO-PEER LENDER KUFLINK LAUNCHES PROPERTY-BACKED INNOVATIVE FINANCE ISA
    Next Finance PostRUSSIA, INDONESIA, VIETNAM, ARGENTINA AND ISRAEL’S SURPRISING E-COMMERCE GROWTH PRESENTS OPPORTUNITY FOR BRITISH RETAILERS