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How Much Does Valentine’s Day Cost?

Protecting Your Finances

Today is Valentine’s Day. If you’re only just remembered that fact, and you’ve got a significant other, you might want to think of a plan sharpish. Before you get carried away though, you might want to think about the effects of today on your wallet.

According to Finder, the cost of Valentine’s Day is increasing in the UK. Although each person – on average – intends to spend £35 on their celebrations, more than five per cent expect to shell out at least £100.

Comparing that with 2018, this means the average cost of Valentine’s Day has increased by almost 25% for each person celebrating it. The reasons for this are unclear; perhaps we’re becoming more generous or maybe nights out are getting increasingly expensive. Regardless, there’s no argument that this occasion can get quite pricey.

Can you put a price on love?

Although Finder’s research suggests money is critical to enjoying Valentine’s Day, it revealed more than nine million Brits planned to celebrate the occasion while spending no money at all. Interestingly, compared with 2018, that figure has also increased by 16%.

Therefore, if you’re struggling to make the day special while preserving your finances, you can follow in the footsteps of millions of Britons and have a successful Valentines’ without spending anything. Have you considered preparing a romantic home-cooked meal, curling up on the sofa with a movie, or perhaps just going (weather permitting) for a nice stroll?

The important thing to remember is that your partner probably won’t want you to get into debt on their behalf. Chances are, they care more about you and your wellbeing rather than spending an evening in an expensive restaurant.

If you’re struggling to think about organising a Valentine’s Day on a budget, the best thing you can do is be honest and talk to your significant other. Between the both of you, we’re confident you can have a nice evening without breaking the bank.
 

What should I do if I’ve overspent on Valentine’s Day?

If you’re worried that Valentine’s Day has got you into debt, and you’re concerned about your financial situation, you should enquire today about a consolidation loan.

A solution designed to help deal with your lenders and make money more manageable, debt consolidation could be the perfect way to restore order to your finances. Make an application with us, and you might have the money you need in just a couple of hours. You could then get on top of your debts by tomorrow!

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