What is the Cost of Love?

"In total, Americans spend approximately $13 billion per year on Valentine's Day". The most common gifts include greeting cards, date night, flowers, gift cards and plush toys. All of which add up to 8 billion candy conversation hearts, 35 billion boxes of chocolate, and 110 billion roses delivered. And, this is why Valentine's Day turns out to be such an expensive holiday!

While some may recommend "Calling it quits with your other half before Valentine’s Day" (Consumerism Commentary) in order to save money on the costly holiday, this Savvy Student likes to think that you can stick to a budget without kicking your sweetheart to the curb. On average, each American will spend $120 on Valentine's Day gifts for their sweetie, but Savvy Student is here to help.

There are tons of great ideas for couples out there, but here are a few of our favorites:

-Stay in and cook a romantic dinner for two. You can even plan an indoor picnic.

-Repeat what you did on your first date. Go to the same restaurant, see the same movie, or just enjoy reminiscing.

-Enjoy the outdoors--take a walk or watch the sunset

-Snuggle up on the couch and watch an old movie together. Get popcorn and candy to get the movie theater feel.


And, if you're single don't despair. Savvy Student has come up with a list of cheap ideas for you too:

-Have a girls/guys day out--Valentine's Day can also be about celebrating the love you have for your friends or family!

-Have a party for all of your single friends!

-Spend the day watching a movie marathon with your friends--replay all your old favorites

-Enjoy a relaxing spa day (this may be more spendy, but if you can use the facilities around you, i.e. the new pool, yoga class etc your out of pocket expenses will go down)


Whatever you plan on doing, whether you are celebrating Valentine's Day with a significant other or not, keep these great ideas in mind.

Happy Valentine's Day!
Savvy Student

Sources:
http://kayce.wrytestuff.com/swa425942.htm
http://www.smartmarriages.com/uploaded/50.Cheap.Valentine.Ideas.Kurland.pdf
http://www.onlineaccountingdegree.net/cost-of-valentines/
http://www.patriotledger.com/topstories/x1463449504/The-price-of-love-on-Valentine-s-Day
http://www.consumerismcommentary.com/save-money-break-up-before-valentines-day/