To Spend or Not to Spend This Valentine’s Day

Are you feeling financial pressure this Valentine’s Day?

To spend or not to spend – that is the question. There’s an expectation to go all out on gifts for Valentine’s. Last year, the average American spent $136 on significant others and family members. Most money went towards jewelry, but candy was purchased more than anything else. Total spending approached $26 billion. Money also went to gifts for pets, classmates, teachers, friends, and coworkers. Yet, more than 9 billion dollars of gifts were unwanted by the recipients.

The world attempts to dictate how Valentine’s Day should be celebrated, but it can disappoint you by creating unrealistic expectations. My advice? Ignore the world! Don’t give in to the pressure! Your self-worth isn’t tied to purchasing gifts, so why spend more than you can afford? If you’re worried about impressing someone, perhaps you need to rethink that relationship. With a little time and thought, you can share your love in ways that don’t break the bank. 

Be creative. Make something or plan an experience instead of buying gifts. Prioritize time with loved ones. It’s essential in our busy lives. Research shows that experiences are often remembered longer than gifts. Setting a budget will free you from overspending. Giving what you can afford is a wise way to express your love. If you don’t overdo it, you won’t create unnecessary stress. Remember, we love because God first loved us. So, love one another free of financial stress and worldly expectations. Love well and love wisely!

And if your credit card debt is out of control, let Christian Credit Counselors help. They can create a debt management plan specifically for you. For more information visit online at crown.org/ccc.