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Valentine’s Day is a day that many people celebrate no matter their background, culture, or belief. It’s a day where you can almost feel the love in the air; the mall parking lots are full; there’s long lines at flower shops; the smell of chocolate pervades the air; it’s a day that brings smiles to the faces of jewelry vendors like no other; and forget about going to a romantic dinner without a reservation.
The National Retail Federation estimates that Americans will spend $26 billion on Valentine’s Day. Consumer will spend close to $192.80 to celebrate.
Don’t get me wrong; shopping for someone you care about is a lovely thing, but there are ways to save money without going into debt.
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Here are some tips for Valentine’s Day money-saving:
Choose an Alternative Day: Not celebrating on February 14th doesn’t imply that you don’t care. Valentine’s Day celebrations the week prior or after should be acceptable, depending on your schedule.
Ditch the norm, do something different: You probably have the same plans in mind for Valentine’s Day as 95% of the rest of the world. Shopping, dining out, and seeing a movie are the first three activities that come to mind. Why not try something new?
Get creative: If you give it some thought, this may be a lot of fun. Encourage your children to participate if you have any and allow them to learn in the process.
If you have to take on debt to express your love on Valentine’s Day, your ambitions need to be reevaluated.
Choose an Alternative Day
The week before D-Day, more businesses that are popular on Valentine’s Day will gradually boost their prices, as I realized a very long time ago. You don’t feel like you’re being taken advantage of by shopping early. You’re at ease with the purchase you made.
When it’s all over, namely the day following, the same products will be on sale. Rather than a 5%–20% discount, you may get a discount of up to 75%, depending on the goods.
The same theory applies to eating establishments. The cost of the menu has changed.
You can plan ahead and still have a good time while saving money.
Ditch the norm, do something different
While talking about eating in a restaurant, why not try something new? There are many other dating activities you may do as a couple or family instead of waiting to be seated.
One of our favorite activities, for instance, is to turn off all cellphones and visit a place for the first time. You may save money by just going on family adventures outside.
Don’t wait until Valentine’s Day to take a little road trip if you don’t want to stay close to home. Choose a day and start budgeting for it. It will help you honor your long-term financial goals and keep you from overspending.
Some of these pleasures only require your willingness and creativity; joining the $192.80 spending club is not required.
Get creative
Flowers are one item that doesn’t seem to depreciate in value after Valentine’s Day. It’s hard not to bring one for Valentine’s Day. Get your loved one a plant since plants last longer than traditional flowers, which tend to fade quickly. With proper care, it can last a very long time.
Also, make your own personalized cards rather than purchasing these Hallmark cards. This should definitely bring a smile to his or her face.
Summary
Every day should be designated as Valentine’s Day. It can’t be one designated day to show how much you care.
How about the other 364 days?!
Don’t feel as though you have to spend a lot of money to show how much you care. Always keep in mind that Valentine’s Day is about sharing time and creating memories. It’s not about blowing a lot of cash.
What additional money-saving tips for Valentine’s Day would you add?
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