Students spend money on style and snacks

25th March 2005, Comments 0 comments

25 March 2005, AMSTERDAM — Schoolgirls spend their money on clothes, shoes and cosmetics, while boys usually spend their money on soft drinks, alcohol and snacks, financial research bureau Nibud said on Friday.

25 March 2005

AMSTERDAM — Schoolgirls spend their money on clothes, shoes and cosmetics, while boys usually spend their money on soft drinks, alcohol and snacks, financial research bureau Nibud said on Friday.

It was previously revealed in December that students spend on average EUR 126 per month, compared with EUR 116 two years ago.

That represented an increase in spending of 9 percent in comparison with a 1 percent rise in income.

The total amount of money that students earn rose from EUR 113 in 2002 to EUR 115 in 2004, meaning that students spend EUR 11 more than they earn.

Nibud concluded at the time that borrowing money had become one of the most customary of habits, newspaper 'Algemeen Dagblad' reported.

An increasing number of students are drinking alcohol, with especially male youths buying alcoholic drinks.

In 2002, some 30 percent of students spent EUR 40 on alcohol per month. But in 2004, 34 percent spent EUR 49 per month on alcohol.

Those figures rise with age, with 70 percent of 18-year-olds spending EUR 60 per month on alcohol. But Nibud also said youths were smoking less.

The use of mobile telephones has risen, but the amount of money that students spend on their phones has declined from EUR 17 to EUR 15. Students are also buying fewer CDs.

Students spend on average EUR 1.1 billion per year, Nibud said.

[Copyright Expatica News 2005]

Subject: Dutch news

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