Skipping Valentine's Day to Save Money?

Valentine’s Day is Sunday, and there’s no doubt it’s going to look a lot different this year than in previous years. But for some folks it’s not just going to look different, it isn’t going to be happening at all, and for a very sensible reason. 

A new LendingTree poll finds:

  • Close to 40% of Americans are choosing to skip Valentine’s Day this year in order to save money.
  • 44% of men say they are going to skip Valentine’s to save money, while only 35% of women say the same.
  • 18% of women say they’d be upset if their partner suggested skipping Valentine’s Day for financial reasons, while only 9% of men would feel the same way.
  • Interestingly 59% of women wouldn’t care either way, something only 41% of men agree with. 

Of those who are planning to celebrate Valentine’s Day…

  • The average person in a couple will spend an average of $144 on their S.O. this year.
  • Men are likely to spend more than women, $181 vs. $94.
  • Men expect their partner to spend an average of $118 on them, while women expect their partner to spend $112 on them.

Source: LendingTree


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