Half of consumers say they have lost money this year because they have been forced to cancel a big life event such as a wedding or major holiday.
The average loss is close to €700, according to a survey of 1,000 Irish people commissioned by mobile bank N26.
However, this figure is offset by average savings €1,900 for plans that had to be postponed or cancelled.
Most people say they have pulled back on big purchases such as cars because of the pandemic.
Some eight out of 10 people say they have been forced to cancel or postpone a life event, such as a wedding or holiday, due to the impact of the coronavirus outbreak.
This has left many people feeling that they have put their lives on hold.
The global impact of Covid-19 has meant that 47pc of the Irish consumers lost an average €694.49 from cancelled plans this year.
Some of the big events that have been cancelled or put on hold include going on a big holiday abroad, followed by buying a new car and starting a new job.
These were closely followed by paying off debts and moving house.
The global study, which surveyed a nationally representative sample of 1,005 Irish consumers, showed that people here had saved an average of almost €1,900 for plans that ended up having to be cancelled or postponed.
This is despite an average of €694.49 having been lost as a result of the forced changes.
Huge numbers have now put money into kitchen extensions, home appliances and buying new laptops, the survey which was carried out this month by Sapio Research found.
Some 10,026 people living in Europe and the US were surveyed as part of the study.
The survey also asked people about their feelings towards international travel.
Nearly two-thirds of Irish consumers were planning to go abroad this year.
However, only 10pc of these said those plans were going ahead as scheduled.
A majority said they were worried about foreign travel starting up again.
The top concerns were that it would increase the number of Irish Covid cases, followed by worries for personal health or the health of a loved one.
Many were also concerned about getting locked down in a foreign country.
As consumer sentiment towards travel shifts, the research showed a clear trend towards people opting for staycations.
Seven out of 10 of the Irish people surveyed said they were either considering or have already taken a staycation this year, according to the survey.