VALENTINE’S DAY – HOW MUCH ARE YOU SPENDING???

VALENTINE’S DAY – HOW MUCH ARE YOU SPENDING???

Americans plan to put a lot of money toward the love-filled holiday this year.  About 70% of U.S. adults in relationships plan on buying their partner a Valentine’s Day gift, according to Bankrate. And as a whole, Valentine’s Day spending nationwide is expected to reach $27.4 billion this year, up 32% from last year’s forecasts.

Surprisingly,  there is quite a difference in spending between the generations.  Here’s the breakdown, according to Compare Cards:

  • Gen Z (ages 8 to 23 as of 2020): $82
  • Millennials (24 to 39): $113
  • Gen X (40 to 55): $293
  • Baby boomers (56 to 74): $55

And here’s how the responses differ by gender:

  • Men: $249
  • Women: $57

No matter how much you spend, I hope you feel loved on Valentine’s Day 🙂

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