31 March 2009
Possessions appear to be less important than money for nearly a quarter (23%) of Brits, according to research by the Charities Aid Foundation (CAF).
Some 39% are spending less money on going out, while 14% have decided to cancel their holiday to save money, the survey carried out by GfK NOP found.
In total more than three-quarters (78%) of Brits are considering changing their behaviour with money during the recession.
John Low, Chief Executive of CAF, said: "It is heartening to see that some good is coming out of these very difficult times as values in society change for the better.
"This is certainly good news for the people and causes helped by charity."
Recent research by the National Landlords Association revealed that many tenants are suffering in the downturn, with one in three landlords with a tenant in arrears.