Your Valentine’s Date Doesn’t Want You Going into Debt

Your Valentine’s Date Doesn’t Want You Going into Debt

February 14, 2018         Written By Natalie Rutledge

Americans are projected to spend a record-setting $19.6 billion this Valentine’s Day, according to the National Retail Federation. Gifts range from candy (55%) to a planned evening out (35.2%), but they all have one thing in common. Valentine’s gifts are a potential source of unnecessary debt.

A new study shows 89% of consumers do not want or expect a Valentine’s Day gift if their partner is already in debt. 48% of respondents said they did not care if their partner did not spend any money for Valentine’s, regardless of his or her financial status. Of the remaining respondents, 44% wanted a gift that was under $50, and 7% expected something between $50 and $100. Only 1% said they wanted a gift over $100 or Valentine’s Day.

Before you plan an extravagant evening with your loved one, assess your financial situation. Chances are your partner is not expecting a costly gift. A simple dinner at home would be sufficient, cost less money, and be more thoughtful in the long run than a dinner out.

This advice doesn’t just apply to couples. In fact, the NRF survey revealed that 30% of Americans have a Valentine’s Day celebration plan that isn’t specifically for Valentine’s Day. This includes get togethers with single friends or “anti-Valentine’s Day” events. 11.5% of respondents plan to treat themselves on February 14th. If this is your plan, try to keep your costs down to save money for debt payoffs.

The information contained within this article was accurate as of February 14, 2018. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at
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