A new exhibition is being launched to show you exactly what you spend your money on - including the stuff you don’t want to see.
Lloyds Bank has teamed up with artist and ethnographer Paula Zuccotti to visualise your monthly bank statements as works of art.
The idea is to encourage people to talk more about their money and encourage better spending habits.
It comes as new research from Lloyds shows financial wellbeing is the top priority (57%) for Brits - but only around half (55%) feel comfortable regularly checking their bank statements.
One in four (23%) people worry about their finances at least once a week.
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Meanwhile, financial discomfort kicks in for one in five Brits (22%) who admit that when they do check their bank statement, they have often spent more money than expected.
This unexpected expenditure has typically gone towards grocery shopping (60%), eating and drinking out (42%) and buying gifts (30%).
The Lloyds Bank Making A Statement exhibition features wall-sized displays of people’s monthly spends, bringing to life exactly where their money has gone.
The exhibition also includes an interactive space for visitors to create their own statement artwork.
Paula Zuccotti said: “There is something powerful about seeing the inventory of our lives, as a visual history of the things we’ve bought.
“When you see it as a collective, it is very revealing, and can tell you something about yourself, the things you value, and your attitude towards buying and spending.”
Chris Gowland, customer financial assistance director at Lloyds Bank said: “With our research showing the majority of Brits recognise financial wellbeing as a priority, it’s important we don’t let distractions and lack of confidence get in the way of building good money habits.
“A big part of having a better financial state of mind can come from positive conversations about money.
“Feeling financially resilient can be a real game-changer for how we feel in other aspects of life.”
The Lloyds Bank Making A Statement exhibition is open to the public from Thursday 9 to Saturday 11 September at 52 Brewer St, London W1F 9TQ.
Opening hours are 10.00am to 4.30pm.
