A leading finance website has warned that debt management plans need to be carefully monitored due to a general increase in spending habits over the summer months.
MoneyExpert reports that sunny summer weather means an rise of upto 45 per cent in garden related sales alone, while a massive £6 billion is spent on day trips.
Figures from the Post Office suggest that many people are failing to set a budget for their holidays, and of those who do plan their money, only a fraction stick to it.