- Totally Money’s Credit Spending Index reveals the nation is spending 46% more on credit cards compared to ten years ago.
- 56% of parents would rather save for a family holiday than clothing for children and school equipment and trips.
- 78% of parents worry about their financial situation at least once a month
Getting kids back to school means buying new P.E. kits, geometry sets, and school uniforms, 64% of parents, however, are frequently concerned about being able to afford their bills – so how are parents managing to cope with their cash flow, bills, and outgoings? The last ten years have been filled with financial uncertainty, from the market crash to the housing bubble, these have affected all forms of spending habits such as the price of petrol to the price of school lunches.
Families are becoming more frugal when it comes to watching their pennies. Totally Money’s new research explores spending over the past decade, tracking data on consumer behavior, to reveal how parents have been managing their cash and paying their bills.
Younger Families Rely the Most on Credit Card Spending
Although the number of credit cards and accounts in circulation has decreased by 10% over the past decade, the number of purchases made have risen by 25%. Totally Money’s study reveals that the total value of credit card purchases has increased by a worryingly high 46%. When parents were asked if they feel they rely too heavily on their credit cards, 13% agreed. This agreement peaked to just under one out of five parents with young families (those who have children under the age of three).
Parents Prioritize Holiday Saving
The survey also revealed that a shocking 78% of parents worry about their financial situation on a monthly basis, with 28% worrying daily. However, despite this, an alarming 56% of parents prioritize saving for their family holiday over clothing for their children, as well as school equipment and school trips.
Credit Card Spending
With just over 75% of parents owning a credit card, 36% rely on their credit card to get them through the month – spending an average of £643 per month. The study also unveiled younger families might worry the most but are evidently savvier when it comes to their pennies; spending the least on their credit cards per month (£551). However, whilst parents with children aged between eight and twelve have the highest amount of disposable income, an average of £315 left at the end month, it seems the same group tend to be the most reliant on their credit cards; averagely spending £742 per month.
44% of parents say they find themselves concerned about being able to afford their bills every month. This could be accredited to the increase in the cost of living as well as inflation compared to the national average salary of £27,600 – £1,200 less than the national average weekly household spend of £554.20, equating to a yearly figure of £28,818.
Joe Gardiner, Head of Brand and Communications at Totally Money, comments, “It’s no secret that the way British people are spending their money has changed over the years. Although outstanding personal loans per household have fallen by 13%, the number of purchases has risen by 25%, which can be accredited to the difference of 4% between how much people are spending yearly and the average national wage.”
“Brits are having to carefully consider what they deem to be important in order to make their income stretch even further. When asked what measures people put in place to assure they rely on your credit cards and/or overdrafts, it was really encouraging to hear the majority of people surveyed replied that they’re actively taking control of their finances by keeping an eye on unnecessary spending and budgeting in advance. ”
To view the full tool ‘The Evolution of British Spending’ click here to discover more.
In the past 12 months we:
Won First in Class at the 2018 24 Hours of Nürburgring;
Committed to running the 24 Hours of Le Mans the WEC in the new Hypercar LMP1 class;
Secured a $25 million sponsorship to race the 2020-2021 WEC including Le Mans;
Finalized dealer agreements with Manhattan Motorcars and SCG Cars Southeast to be our East Coast Dealers to distribute and service our vehicles in 21 States;
Formed an alliance to create Glickenhaus North American Racing (GNAR), providing full customer race support and sales of all of our GT3/GT4/and LMP1 race cars for races around the world the including the SCG “004” GT3, “006” GT4 and the “007” LMP1 road racing vehicles as well as the Baja Boot off-road vehicle;
Announced, fully engineered, and started building the Glickenhaus Boot with Armada Engineering under the direction of Darrin Skilton;
Became a Michelin OEM;
Closed a deal and began engineering and design of our new factory in Danbury, CT to scale to 15 cars per week;
Became a licensed vehicle dealer in New York State;
Registered and sold our first NHTSA-approved 17-digit VIN Low Volume Vehicle;
Created a full-scale seating model of the 004 and created four iterations to optimize comfort, room, visibility, and driving experience. We finalized the design of exterior surfaces and interior structures of the 004 and we are undergoing engineering studies of the chassis and CFD studies of the surfaces;
Shared early studies of our 006 Coupe and Spyder. Our plans are to race the Coupe as a GT4 in 2021;
Sold out of our 2019 Founders Boots, our 2019 003S’, and our 2020 004S’;
Studied the draft 2020 WEC/ACO Rules and began engineering a car to be built in the United States of America to compete at the 24 Hours of Le Mans for First Overall in the new LMP1 Hypercar class. We are working with the same team from Podium Technology who we have worked with since 2012. We hinted that we will offer a limited run of road-legal examples, and many of those are already sold;
Drove over 2,000 road miles and 200 flat out track laps on our 003S road car;
Shared these whole adventures with the world hosting journalists from as far away as South Korea, Japan, the UK, Germany, and Detroit, and sharing everything on social media as well as discussions with press and fans.
In the next 12 months we will:
Race the 24 Hours of Nürburgring with our 003C, and race and luxury tour the Baja 1000 with our Glickenhaus Boots;
Deliver 2019 Founders Boots, the 2019 003S’, and begin deliveries on the 004S Founders cars;
Build and open our Danbury factory;
Finalize engineering on our LMP1 hypercar and begin engineering of the 006, and our 4-door Glickenhaus Boot;
Continue to share these adventures every step of the way.
The Fiat has a voluminous history of performance and style dating back over 50 years. This Italian gem was first introduced to North America in March 2011 and featured the Fiat 500c, 500 Abarth, 500e, 500L and the 500x. And for 2018-2019 they are reintroducing the Fiat 124 Spider for the current generation, featuring modern styling, engineering science and enhanced performance with traces of the original Italian roadster design.
The 2019 124 Spider is an Italian coupe/convertible roadster powered by a 1.4L Turbo Motor 6-speed manual/auto transmission, making it the most powerful 4-cylinder turbo in its category. Producing up to 164hp and 184 lb-ft of torque in the Abarth edition, it is uniquely responsive. Our test Abarth had added racing and performance characteristics that include upgraded aggressive racing facia, branded floor mats, Record Monza exhaust tuning kit and Recaro racing seats.
The other test vehicle was Fiat Abarth 500c – a stout, preppy looking vehicle upon first glance, really reminiscent of its predecessors that were designed to navigate the narrow roadways of Italy. But with closer inspection of the Abarth 500, you will notice subtle performance enhancements: 16-inch hyper black wheels; red brake calipers; Abarth bashing; performance spoiler; turbo boost gauge and dual bright exhaust tips. This affords it a rather large presence in a metropolis like Los Angeles, where the typically more car is better, but the fiat begs to differ.
At first glimpse, you wouldn’t think much of these vehicles from a performance standpoint. Withal, 360 Magazine was cordially invited to Willow Springs Raceway by Fiat Chrysler North America. And education was provided by Skip Barber Racing School to help us take full advantage of the performance capabilities introduced for the upcoming year.
The track day started off at the the rallycross. The rallycross is designed to highlight the braking and handling capabilities of the nimble go kart-like Fiats. With quick turns and short straight always you can feel exactly how balanced and responsive these vehicles are. With the 124’s front and rear Blistein sport suspension, mechanical limited slip differential and front strut tower bar paired with a Brembo braking system it allows the vehicle to perform as desired, a true one with the car experience.
Side by side, we were shuttled to the skid pad. Here, we were able to identify how the Fiat handles on slippery terrain in a tight circle. This course was created to heighten our connection to the throttle, steering wheel and our eyes. As we continued to increase in acceleration the Spider would start to lose grip as we tried to keep a tight radius, but thanks to accurate feedback from the steering rack, throttle and Brembo braking systems you are able to keep the vehicle in complete control.
Then it’s off to the track. This is where the real fun began. Both the 500 and 124 Spider performed astoundingly. A Dodge Hellcat was our pace car as a line of us followed in tandem around the streets of Willow Springs Raceway. It was an unbelievable experience to be able to push these vehicles to their limits, highlighting just how well these vehicles are engineered.
The 2019 Fiat 124 Spider starts standard at $24,995 or $27,795 for the Classica which adds some cosmetic upgrades and some convenience options. $29,290 for the Lusso which comes with the Abarth performance package. A big bang for the buck for a sporty iconic Italian vehicle.
The 2019 500c comes standard at $16,245 and the Abarth package coming in at $21,995. Apart from the aforementioned performance upgrades on the Abarth, it comes with a track experience! Yes, you can stretch your Fiat’s legs on the track like we did just so you can come to appreciate the unique design and performance capabilities that this vehicle was intended to express.
The GRAMMY Award-winning global superstar completed his second co-headlining tour with Enrique Iglesias this year and supported Britney Spears on her European tour, along his celebrated “Time of Our Lives” Las Vegas residency at Planet Hollywood. He is also set to host his annual Worldwide NYE event at Bayfront Park in Miami this New Year’s Eve.
He has landed multiple #1 hits in over 15 countries, has over 10 billion Youtube/VEVO views and achieved 70 million single sales as well as six million album sales. Last year, he released his 10th full-length album “Climate Change” and first-ever “Greatest Hits” album.
Pitbull has signed on to the SXT UglyDolls franchise, based on the ubiquitous pop culture Uglydoll characters. He will write and perform an original song for the UglyDolls movie, slated for release in 2019, as well as lend his voice talent to one of the film’s key characters. Pitbull scored the film Gotti, starring John Travolta and the movie soundtrack includes the original Pitbull song, “Amore,” featuring Leona Lewis. He has also contributed songs for multiple movie soundtracks from franchises that include Fast and Furious, Hangover, and Pitch Perfect among others.
Pitbull’s expanding influence includes developing his own brands such as Voli 305 vodka, which has its own signature cocktails at multiple Sugar Factory American Brasserie locations, and the fragrance line “Pitbull” for men and women. Pitbull is currently gearing up to open iLove305, a new restaurant and nightlife concept on Miami’s famed Ocean Drive.
He is very active on the speaker’s circuit around the world, including in Singapore, London, Mexico City, and more. Pitbull shares his message through appearances with global figures such as Tony Robbins, Suzie Orman, Gary Vaynerchuk, and Daymond John. He also speaks annually at Emerge Americas, the Miami-based technology event that brings together influencers from North America, Latin America, and Europe.
Pitbull has been handpicked by Norwegian Cruise Line to be the “Godfather of Norwegian Escape” and he completed his second “Pitbull Cruise” this year. His commercial-free channel on SiriusXM (Ch. 13), “Globalization” has become one of the platform’s fastest-growing channels following its 2015 launch. In addition, Pitbull has served as brand ambassador for Bud Light, Pepsi, Dr. Pepper, Kodak, and Dodge. He also serves as ambassador to the Sports Leadership Arts and Management (SLAM!) charter schools he has helped to establish. Launched in the Little Havana section of Miami where he spent some of his youth, SLAM! has now expanded to Las Vegas and West Palm Beach, Florida.
Geoffrey Weill Associates has been appointed US public relations representative of Schloss Elmau, a breathtaking spa and cultural resort in the Bavarian Alps. Once characterized as “an Aman resort on steroids,” Schloss Elmau is a member of Leading Hotels of the World and is arguably both the most luxurious spa resort in Germany and one of the most unusual resort hotels in the world.
“Schloss Elmau is everything you wouldn’t expect when you hear the words ‘resort in Bavaria,'” says Geoffrey Weill, “there are no thatched roofs, no flower-filled window-boxes, no lederhosen, no Alpine cutesiness. Instead, you discover a world-class combination of Jugendstil and post-modern architecture, utter luxury, total understatement and casualness, extraordinary food, a cultural program that could shame many of the world’s most sophisticated cities — a paradise for families and couples, all set high in the Alps with a view of the Zugspitze, Germany’s highest mountain.”
Schloss Elmau is separated into two wings, a five-minute stroll apart. The original “Schloss” combines its original Jugendstil architecture with awe-inspiring 21st-century details. It contains 115 rooms and suites, five restaurants (one with a Michelin star), a kids’ club, the largest bookstore in any hotel in Germany, and the original concert hall. The “Retreat” opened in 2015 with 47 spacious suites, three restaurants and a gym and yoga pavilion. All told, Schloss Elmau has six separate and lavish spas, some for families, others for adults only, including one discreetly sited for nude bathing and sunbathing. Outdoor pools are heated 24 hours a day, 365 days a year to 85 degrees Fahrenheit. There are year-round programs for children and teens, and copious opportunities for hiking, tennis and skiing.
The ambiance of Schloss Elmau separates it from every other spa resort not only in Germany, but in most of Europe. There is never a dress code, children are welcomed, and there is not a breath of enforced formality. Guests can relax in spacious lounges and order Dom Perignon and foie gras and, at the next table, their kids can play battleships and munch hot dogs. The goal is to provide guests with a carefree stay in an atmosphere of health, fitness, learning and cultural enrichment, with some 200 concerts and talks scheduled throughout the year. In 2015, the G7 met at Schloss Elmau with the participation of US President Barack Obama, German Chancellor Angela Merkel, French President François Hollande and British Prime Minister David Cameron.
The original Schloss was opened in 1916 as a cultural retreat by Dr. Johannes Müller (1864-1949), a renowned Protestant theologian and philosopher and has a rich and complex history. Today, the resort is owned and overseen by his grandson: entrepreneur, visionary and hotelier, Dietmar Mueller-Elmau.
Schloss Elmau is a sister hotel to the Hotel Orania.Berlin, a 21st-century hotel set in an art-nouveau landmark building in the hip Berlin neighborhood of Kreuzberg.
Results of annual review
Pirelli is the world leader in Sustainability in the Auto Components sector on the Dow Jones World and Europe indices. This is the result that emerged from the annual review of the indices conducted by RobecoSam and S&P Dow Jones and which will take effect from September 24th. Pirelli recorded a total score of 81 points compared with the sector average of 32. Launched in 1999, the Dow Jones sustainability indices are among the most important market indices regarding sustainability at the world level. Involving over 2,000 companies from 60 industrial sectors, the analysis is based on the integrated evaluation of economic, environmental and social factors, that are the three aspects which define the concept of sustainability in terms of enduring value creation for all stakeholders.
Smart thermostats that are energy efficient vastly increase customer satisfaction, as well as ease of installation/setup and pricing, according to the J.D. Power 2018 Smart Thermostat Satisfaction Report.
“The boost in customer satisfaction based on energy efficiency shows that consumers are looking for long-term savings and environmentally friendly options when it comes to smart thermostats,” said Ian Greenblatt, Technology, Media & Telecom Practice Lead at J.D. Power. “If manufacturers can continue to turn out products that can satisfy beyond the purchasing and installation process, they will see an increase in customer loyalty, as we found that 94% of satisfied customers are likely to recommend their product to others and 59% are likely to repurchase the product down the road.”
The 2018 Smart Thermostat Satisfaction Report measures overall customer satisfaction with smart thermostat brands among those who purchased a smart thermostat system within the past 12 months. Satisfaction is examined across 10 factors (listed in order of importance): ease of use; ease of install/setup; reliability; energy efficiency; price paid; effectiveness of heating/cooling; internet connectivity; usefulness of app; variety of features; and customer service. Satisfaction is calculated on a 1,000-point scale. The report is based on responses from 952 customers and was fielded in July-August 2018.
Nest ranks highest in overall customer satisfaction (883), performing particularly well in six of the 10 factors: internet connectivity; variety of features; ease of use; energy efficiency; usefulness of app and ease of install/setup. Honeywell ranks second (877) and Carrier ranks third (861).
Overall satisfaction among smart thermostat customers is 877, up 12 points from 2017.
J.D. Power is a global leader in consumer insights, advisory services and data and analytics. These capabilities enable J.D. Power to help its clients drive customer satisfaction, growth and profitability. Established in 1968, J.D. Power is headquartered in Costa Mesa, Calif., and has offices serving North/South America, Asia Pacific and Europe. J.D. Power is a portfolio company of XIO Group, a global alternative investments and private equity firm headquartered in London, and is led by its four founders: Athene Li, Joseph Pacini, Murphy Qiao and Carsten Geyer.
One of the new songs ‘Hot Heavy Summer’ features a collaboration with American electro pop duo Sylvan Esso, and last night featured as Annie Mac’s Hottest Record on Radio 1.
Ben has to say on the tracks:
“The recording sessions for Noonday Dream were so varied and over quite a period of time. There were little gems that we didn’t know what to do with but it felt right to put these 3 together, both separate and a part of the album so to speak.”
Listen to all three tracks here:
- Another Friday Night
- Hot Heavy Summer (w/ Sylvan Esso)
Ben is now back out on the road, taking Noonday Dream across the US and Canada in September/October before returning to Europe for a stretch of dates in November. Ben will hit a series of arenas and multiple nights in sizeable rooms in the UK this December, ahead of three nights at Brixton Academy in January 2019.
BEN HOWARD NORTH AMERICAN TOUR
September 21—Seattle, WA—Paramount Theatre
September 22—Troutdale, OR—Edgefield
September 26—San Diego, CA—Cal Coast Credit Union Open Air Theatre
September 27—Los Angeles, CA—Shrine Auditorium
September 28—Berkeley, CA—Greek Theatre
October 1—Morrison, CO—Red Rocks Amphitheatre
October 2—Kansas City, MO—Uptown Theater
October 3—Chicago, IL—Aragon Ballroom
October 5—Toronto, ON—Budweiser Stage
October 6—Montreal, QC—Bell Centre
October 7—Boston, MA—Blue Hills Bank Pavilion
October 9—Philadelphia, PA—The Fillmore
October 11—Washington, DC—Anthem
October 12—New York, NY—Hammerstein Ballroom
October 13—New York, NY—Hammerstein Ballroom
ABOUT REPUBLIC RECORDS
A division of Universal Music Group, the world’s leading music company, Republic Records is home to an all-star roster of multi-platinum, award-winning legends and superstar artists such as Ariana Grande, Black Sabbath, Florence + the Machine, Hailee Steinfeld, James Blake, James Bay, John Mellencamp, Jordan Smith, Julia Michaels, Keith Richards, Kid Cudi, Liam Payne, Of Monsters and Men, Post Malone, Seth MacFarlane, Stevie Wonder, and more. Founded by brothers and chief executives Monte and Avery Lipman, it is also comprised of innovative business ventures, including American Recordings (The Avett Brothers), Boominati Worldwide (Metro Boomin), Brushfire (Jack Johnson), Casablanca Records (Tïesto), Cash Money (Drake, Jacquees, Lil Wayne, Nicki Minaj), Hollywood Records (Sofia Carson, Zendaya), Lava Records (Greta Van Fleet, Jessie J, Lorde), Monkeywrench (Pearl Jam), XO (Belly, NAV, The Weeknd), Roc Nation (Jaden Smith, Justine Skye, The Dream), among others. Republic also maintains a long-standing strategic alliance with country powerhouse Big Machine Records (Taylor Swift), and Universal Music Latin Entertainment (Luis Fonsi, J Balvin). In addition, Republic has expanded to release high-profile soundtracks for Universal Pictures (Fifty Shades of Grey, SING), Fox TV (Lee Daniels’ STAR, The Four), and NBC TV (The Voice), as well as other notable film and television franchises.
Opening: Friday, 21 September 2018 | 6 – 9 PM
Exhibition continues: 22 September – 30 November 2018
Robert Grunenberg Berlin
Marburger Strasse 3, 10789 Berlin
In his first-ever solo exhibition at a German gallery, this Cameroonian artist undertakes a critical examination of the today’s political climate around the world, as well as the psychological implications of the human condition. The exhibition will include historical key works dating back to 1999, as well as brand new works.
Addressing social and environmental issues, his works are fueled by his personal experiences as an African in Europe. His studies of urgent challenges such as discrimination, alienation, and cross-border relations transcend cultural distinctions. Besides installations encompassing photography, performance, and video art, he integrates enigmatic watercolors into his output that figure as poetic vessels of hope amid the social and political critique his oeuvre articulates. Like his other works, they are based on a probing engagement with cultural realities. Fraught will allegorical significance derived from indigenous myths and rituals, they inquire into the foundations of human existence and dare to envision the body’s inward psyche.
The large-format drawings on paper, many of them mounted on canvas backing, unfold fantasies of a human and vegetative metamorphosis and create a living symbiosis between man and nature. The translucent watercolors convey an expression of vigor as well as fragility, its form spreading graphically across the white and strangely cathartic paper. Proliferating entrails, as vital as they are brutal, grow out of the human body and explode physical as well as mental boundaries. Man’s existence appears grotesque and sublime at once as he is both deformed and enhanced.
About the Artist
Barthélémy Toguo was born in 1967 in Cameroon and lives between Paris and Bandjoun. He trained at the École Nationale Supérieure des Beaux-Arts in Abidjan, Ivory Coast; the École Supérieure d’Art in Grenoble, France; and the Kunstakademie, Düsseldorf, Germany. He founded Bandjoun Station, a centre for artistic exchange between local and international artists featuring residencies, an exhibition space, a library and plantations in Bandjoun, Cameroon, in 2007.
Solo shows have taken place at institutions including the Parrish Art Museum, New York; Uppsala Art Museum, Sweden; Musée d’art contemporain de Sainte Etiennne, France; La Verrière by Hermès, Brussels, Belgium and Fundaçao Gulbenkian, Lisbon. Notable group shows include Paris 7th Echigo-Tsumari Art Triennale, Japan (2018); Homo Planta at Fondation Blachère (2018); The Red Hour, the 13th Dakar Biennale (2018); Art/ Afrique, le nouvel atelier at Fondation Louis Vuitton (2017); All The World’s Futures at the Venice Biennale (2015); Body Language at the Studio Museum in Harlem, New York (2013); La Triennale: Intense Proximity, Palais de Tokyo, Paris (2012); the 11th Havana Biennial (2012); A terrible beauty is born, 11th Biennale de Lyon, France; the 18th Sydney Biennale (2011); and Laughing in a Foreign Language, Hayward Gallery, London (2008).
In 2011, Toguo was made a Knight of the Order of Arts and Literature in France. He was shortlisted for the Prix Marcel Duchamp in 2016. His work is in the collections of the Centre Georges Pompidou, Paris; Museum of Modern Art, New York; Studio Museum in Harlem, New York; Musée d’art contemporain, Lyon; Fondation Louis Vuitton; and Kunstsammlung der Stadt, Düsseldorf, among others.
360 Magazine was recently invited to test-drive the redesigned 2018 Buick Enclave Avenir FWD 1 SP in Carmel, California. The model type avenir derives from a concept car introduced in 2017. Avenir translates to “future” in French and the modern aesthetics do not disappoint. Buick has since mirrored those design elements on multiple vehicles.
Walking up to the luxury three row crossover, drivers can start their engine with a new remote start key. The Enclave introduces sharper lines and athletic curves. The headlights and taillights are slimmer to create a skinnier look when in fact the vehicle is larger. Speaking of size, family trips just became easier with a spacey seven seater inside and roomy trunk. Buick reaped the benefits of high strength steel shaving roughly 400 pounds off the previous model.
This lifestyle voyager sets the stage featuring a bespoke-like interior with a two tone color pattern making the Enclave an executive family car perfect for a trip or a late-night urban outing. Avenir has not only set the bar with design but also in technology as a revolutionary rear view mirror transforms into a screen bleeding to the edges of the mirror for a second back-up camera that faces an eye level view. This camera travels faster than five mph to give a real-time view of moving surroundings. Apple CarPlay is also a new feature for iPhone users to drive safely. Located under the tail, drivers can kick a foot activated swivel to open the trunk. Finding the hands free lever becomes easier with a ghost lit Buick emblem highlighting the lever area.
Reduce carbon footprint through carpooling while the crossover adjusts fuel efficiency at 18 miles per gallon on city roads, 26 miles per gallon on the highway and 21 miles per gallon with mixed driving.
The team alongside Buick explored Carmel-by-the-sea and the fairytale land the city has to offer. The team joined Carmel Valley Ranch to see the daily life of a professional beekeeper. 360 handled the bees, watched honey come to life and even found the queen bee do her thing. While driving around the beach-city on California’s Monterey Peninsula, Buick stopped at the harbor for a kayaking expedition. In-between adventures, the team had a chance to get acquainted with the smooth feel and driving style of the vehicle.
The Enclave packs a 3.6L V6 with 310 HP and also includes stop/start technology. Peak horsepower comes in at 6,800 RPM thanks to a nine speed automatic transmission. As one of the top luxury models, quiet cabins are enforced with QuietTuning. The weight saving translates to nimble handling and ride is soft while the body leans in the corners. The Buick Enclave Avenir’s base price is set at $53,500. Additional information can be found on their website.