Just like everything else, the cost of love and romance gone up, so say the folks at Trustpilot. Americans in relationships are feeling a bit of pressure to spend more on Valentine’s Day this year.
The survey of 1,013 adults in relationships show:
- People believe their partners expect them to spend an average of $157.52 on Valentine’s Day gifts for them.
- For a quarter (26%) of both Gen Z and millennials, that would mean they have to cut back on essentials like gas, food and rent.
- And 25% of millennials admit they’d even consider going into credit card debt to pay for presents and experiences for the romantic holiday.
- The expense of Valentine’s Day is the reason 30% of respondents say they won’t be celebrating this year.
- But the expectations - and the stakes - are high, as some admit they’d take drastic measures if their partner doesn’t spend enough or get them a gift at all, including canceling Valentine’s Day plans (10%) or breaking up (10%). Others would insist their significant other make up for it another time (17%) or give them the silent treatment (16%).
Another Valentine’s Day this one from driveresearch.com reveals that 52% plan to celebrate the holiday this year.
- They expect to spend around $192 on Valentine’s Day overall, including a romantic dinner out for $121, on average, and additional $33 on drinks.
- This poll also finds that 30% of Americans will go into credit card debt from spending on the love holiday, and 43% will hide it from their partner.
My thoughts....grocery store pit stop for flowers and stuff to make your sweetheart dinner.....and maybe vacuum ...maybe....
Source: Fox Business
Photo: hiroyuki nakai / Moment / Getty Images