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The majority of Britons staying in to celebrate this new year's eve are doing so in order to shore up some cash for 2009.

Such is the assertion of NS&I, which found that 81 per cent of people surveyed are staying in because they believe there are better things they can spend their money on.

Indeed, people struggling to save money to fund a trip abroad, a home extension or a new car could boost their finances with a loan until their disposable income improves.

And of those who are set to go out, 59 per cent are hoping to attend free events to make the night as cheap as possible.

"It is good to see that people are finding creative and less expensive ways to celebrate in an attempt to avoid a new year hangover," says senior savings strategist from NS&I Dax Harkins.

As such, individuals needing a cash boost in the form of a loan may want to consider secured loans, which could see the money in their account within days.

But with 44 per cent of people surveyed by Lloyds TSB expecting prices to rise next year, a loan could indeed provide a much-needed cash injection to cover the cost of large ventures.