Pottermania costs parents pounds
Parents of fans of Harry Potter could be spending up to £1,425 on keeping up with their child's obsession, according to research by LV=.Buying the books and seeing the films themselves are just the tip of the iceberg when it comes to calculating the cost of what LV= called ''Pottermania''.All seven novels together would cost £174, while a Harry Potter costume would set parents back £113, along with £372 on games and toys and an enormous £465 on audio books.Martin Milliner of LV= said: "Harry Potter has proved hugely popular with children and adults alike, and as a result a fantastic franchise has built up around him. "The real question is whether families can resist the hype or if pester power will see the total cost of being a fan spiral even higher this summer."Families of young fans should not overlook the value of these additional items, and should take account of them when calculating the overall value of their home contents for insurance purposes."More than 300 million Harry Potter books have now been sold worldwide, earning JK Rowling £20.5 million in 2006 alone.
Share this..
Related stories
Family spending link highlighted by poll
Spending habits seem to be genetic, Skipton has suggested.In a new poll from the building society, 24 per cent of Britons said that the "majority" of their habits were shared with their mother.This total went down to 15 per cent for fathers - but plunged to just two per cent for friends.Jason Clarke, a spokesperson for Skipton, said: "A key part of managing your finances in the current climate is...
Read MoreUK retail sales down in May but better than they look
The announcement that like-for-like sales in May were down 0.8% compared to May 2008 is a disappointing headline but under the surface the situation may not be as bad as it seems. May last year was a particularly strong month and they were always going to be difficulties comparing like-for-like bearing in mind the recession has bitten further over the last few months.
The headlines...
Leading economists back the Conservative party plan on spending cuts
A number of leading economists in the UK have stepped forward to back the Conservative party's plan to cut public spending and try to realign UK finances. Despite the fact that the economists in question have no political motivation behind their stance it has obviously caused upset in government circles as it does criticise the Labour Party's proposals to cut the UK budget deficit. Is this a kille...
Read MoreDid the authorities overdo the airspace lockdown?
As the authorities finally decide to lift the UK airspace ban at 10 PM there is confusion and anger in the airline industry with British Airways for one suggesting that the lockdown and grounding of all airlines in and around Europe was overdone. British Airways is not the first company to step forward to complain about the lockdown as a number of prominent airlines around the world have undertake...
Read MoreWill bank bonuses ever return to previous levels?
As we see Goldman Sachs attempting to understate employee bonuses after announcing figures for the latest quarter, there is a feeling that slowly but surely both US and UK banks are reverting back to norm. At the moment it is well-known that the US government and the UK government have asked their respective banking industries to go easy on bonus payments as a means of placating US and UK taxpayer...
Read More