A night in with a DVD, or a meal at home, is proving popular for many who have had their finances hit by the credit crunch.
Many households are avoiding falling in to a debt trap by calling off their nights on the town - and making their own entertainment at home instead.
A new survey from Halifax, released today, shows that a majority (60 percent) of people are calling off their Saturday night revels in favour of nights-in with friends. Moreover, around a third said that this trend was due to the current state of the economy - with prices on the rise and credit availability constricting.
More generally, the credit crunch conditions have led to 84 percent of people currently looking to rein in their spending, while 73 percent also told Halifax that they were looking to share money-saving tips and hints with friends and family.
The new staying-in trend is also proving a boon for many, with 30 percent of Londoners saying that they have got to know their neighbours better in recent months.
Paul Birkhead, spokesman for Halifax, said: "When you take into account travel, food, drink and entertainment, the cost of a Saturday night out can soon add up, and Brits are choosing to Stay In With The Joneses, and invite friends and neighbours round instead for a night in.
"They say Brits are at their best when times are challenging, and our research clearly shows we're being resourceful in watching the pennies while looking to have a good time - and it's bringing people together."
