‘Statistics, damn statistics and lies‘

I’VE ALWAYS THOUGHT that I was out of step with the rest of my age group and this is the proof.

According to the Grauniad article linked to above, 34-year-olds like myself spend “on average a curiously satisfying £88.88 per day”. Quite what anybody could shell out that kind of money on, I have no idea, even factoring in the extortionate price of housing in the UK.

Walking money

Work it out, £88.88 x 365 days in the year = a cool £32,441.20. I’ll give you a shout if I ever get to half of that rate of spending!

The article goes on to say that “the British Cohort Study reported its findings that 14% of 34-year-olds couldn’t work out the change from a £20 note, and that one in seven couldn’t calculate 10% of £1,000.”

I wonder if these two studies could be related?