Finance Choices
How much do you spend on Valentines Day?
With Valentine's Day soon upon us, it has been revealed that 25 per cent of Britons are raiding their savings to enjoy the perfect romantic night.
A survey by National Savings and Investments (NS&I) reveals that men are the most likely to dip into their nest egg to woo their lover, with 31 per cent of men treating their better halves with stashed cash.
Meanwhile only 19 per cent of women have used funds for the purposes of Valentine's Day.
It is not the date itself that necessarily costs either, with 24 per cent of men and 25 per cent of women admitting to using their savings to buy new clothes to look their best on a date.
"The typical response to Valentine?s Day is both a practical and a romantic one: if it?s going to happen anyway, then we want to give it our best shot, whether that means dinner or a gift," said psychologist Donna Dawson, who worked with NS&I to analyse the findings.
"As a result many welcome a calendar reminder to stop and take stock in this hectic, fast-paced world. This in turn, leads to the very ?romantic? decision to raid our savings for our loved ones!"
It was noted however that to enjoy Valentine's Day, it was not necessarily essential to throw wads of cash around, with 29 per cent of respondents in the survey calling the celebration a commercial rip-off.
A survey by National Savings and Investments (NS&I) reveals that men are the most likely to dip into their nest egg to woo their lover, with 31 per cent of men treating their better halves with stashed cash.
Meanwhile only 19 per cent of women have used funds for the purposes of Valentine's Day.
It is not the date itself that necessarily costs either, with 24 per cent of men and 25 per cent of women admitting to using their savings to buy new clothes to look their best on a date.
"The typical response to Valentine?s Day is both a practical and a romantic one: if it?s going to happen anyway, then we want to give it our best shot, whether that means dinner or a gift," said psychologist Donna Dawson, who worked with NS&I to analyse the findings.
"As a result many welcome a calendar reminder to stop and take stock in this hectic, fast-paced world. This in turn, leads to the very ?romantic? decision to raid our savings for our loved ones!"
It was noted however that to enjoy Valentine's Day, it was not necessarily essential to throw wads of cash around, with 29 per cent of respondents in the survey calling the celebration a commercial rip-off.
posted by Bruce Wayne at 10:51 AM
How much do you spend on Valentines Day?
10 Comments:
We "don't do" Valentines day as it is just a commericalized way of Hallmark and the different flower companies trying to get our money. Everyday is Valentine Day in our house without the flowers or the candy.
I do get Valentine day cards for the kids to give at school. $3.00 for 3 boxes
I will make red pancakes for tomorrow.
I do valentines day but it is mostly because it was also the day I met my wife. Double reason.
It is way too comercialized.
Money And Investing
I don't have a Valentine so I will be spending all of ZERO dollars!
Not much. We will probably go pick up a few specialty groceries tonight and prepare dinner together tomorrow. I'm going to make him cookies. That's about it! I hate dealing with restaurant crowds on Valentine's Day, and you're right, Tree0164 - it's so commercial.
I do like getting flowers sometimes, though. Just not overpriced roses on Valentine's Day.
I don't need candy and I hate wasting money on flowers. We do go out to eat. I buy tiny boxes of candy and leave them everynight the week before valentine's day.
My biggest Valentines expense is postage! We send packages to the kids and grandkids to the tune of about 10 apiece. Just little reminders that we love them (I have to find lighter reminders so the postage goes down!) At home DS2 had about 10 spent on him including the Veggie Tale Valentines he sent. I spent more on DH this year because he needs clothes. Total was about $65.00 not counting whatever he spent on me. I doubt it was much he knows we are trying to conserve. He offered to take me out but I said I'd just cook at home.
I think valentine's day is a great way to bring love and joy into the darkest days of winter... however, I won't spend a bundle on commercialized frou-frou crap! We'll probably watch a movie and share a box of chocolates on the 15th (when chocolate is half price!!)
it varies from valentines to valentines. this year not much under 150 but last year spent 500 cause i bought some nice jewelry all depends...
But going into savings etc.. for it... i think she will do with out i know she wants me to show her i love her but going into debt or dipping into savings doesnt show that.
I spent about $25 for a very nice frame that holds 5 photos. I had the photos reprinted from digital shots of the time we've spent together.
I got a dozen red roses, some sexy lingerie and dinner at a restaurant tonight.
Hubby brought me home a lovely cake that says Happy Valentines Day on it! I was so excited because usually he forgets Valentines day and my dad gave me a card with $1 in it which he says is better than candy because it is calorie free. He is so funny.
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