Guess what? Valentine’s Day is on Monday. Like many holidays, Valentine’s Day has become more and more commercialized. In fact, according to the National Retail Federation, the average consumer is expected to spend $102.50 on Valentine’s day this year.
Here are some more interesting stats from the NRF:
- 36% will buy flowers
- About half (47%) will dine out
- 16% will buy jewelry
- 58% will buy cards.
Believe it or not, Valentine’s Day is second only to Christmas as a card-sending holiday, and Americans are expected to spend $1B on candy alone! With the foregoing in mind, I thought it would be fun to run a quick poll about your plans, and how they might impact your pocketbook.
Have a great weekend, and Happy Valentine’s Day!
Hat tip to M.P. Dunleavy for the retail statistics.