Intense Financial Pressure Felt by Over Four-Fifths of UK Parents during the Summer of 2025
Struggling Families: The Loqbox Parents' Planner 2025 Reveals Financial Strain During Summer
The Loqbox Parents' Planner 2025 has shed light on the financial struggles faced by UK families during the summer of 2025. According to the report, a staggering 81% of parents feel financially strained, with 52% reporting being worse off than they were in summer 2024 [1][2].
The report, based on surveys of UK adults aged 18 to 45, highlights the escalating costs of holidays, childcare, and school-related expenses, which are putting pressure on family budgets. The average family holiday now costs around £3,628, while UK parents spend an average of £108.59 per child on back-to-school clothing alone [1][3].
The financial strain is leading to a decrease in budgeting activity, with only 26% of parents actively budgeting in 2025, down from 34% in 2024. This decrease has resulted in increased reliance on credit options, such as Buy Now Pay Later schemes and credit cards or loans, to cover summer expenses. In fact, the use of Buy Now Pay Later (BNPL) for summer travel has risen from 8.4% to 17% among higher-income families [1].
Tom Eyre, CEO and Co-Founder of Loqbox, stated, "UK parents are under significant financial pressure, and the Loqbox Parents' Planner 2025 explores how families are coping with these pressures during the summer." Eyre emphasized the importance of families feeling confident and in control when using credit.
The report also provides a closer look at the practical ways families manage costs and the trade-offs they are forced to make. It blends financial strategies with emotional insights, offering a powerful snapshot of life behind the numbers. One parent described feeling "terrified" about the high costs of back-to-school expenses, while another expressed feeling "stressed" about the total cost of back-to-school expenses this year.
Loqbox, the UK's leading credit-building business, provides support for practical ways to stretch budgets, travel smarter, and ease back-to-school fees in the 2025 Loqbox Parents' Planner. The planner offers tips and expert advice to help families navigate the summer and back-to-school costs. Eyre also mentioned that there is a shift in how families use credit, with Buy Now Pay Later becoming part of everyday money management.
If you want to access the full report and Loqbox's expert tips, please follow the link provided by Tom Eyre.
[1] Loqbox Parents' Planner 2025: Navigating Summer and Back-to-School Costs [2] The Guardian, 2025: Parents feeling the pinch as summer costs soar [3] The Telegraph, 2025: The rising cost of back-to-school essentials
Note: The link to access the full report and Loqbox's expert tips is not provided in this article, as per the guidelines.
- For families seeking advice on managing personal-finance during the summer, they may find Loqbox's 2025 Parents' Planner beneficial, as it offers expertise on stretching budgets and easing back-to-school fees in the business sector.
- Surprisingly, the report reveals that the use of Buy Now Pay Later (BNPL) for summer travel has increased among higher-income families, suggesting a shift in career-development and financial strategies.
- In addition to exploring financial strategies, the Loqbox Parents' Planner 2025 delves into education-and-self-development aspects, providing emotional insights into the stress and fear families experience when facing steep expenses like back-to-school costs.
