Your Valentine Isn’t Keen on Adding to Your Debt

By on February 14, 2018

Despite reports of near record-high spending for Valentine’s Day, a new Debt.com survey finds most people are not interested in their partner going into debt to get the perfect gift. In fact, almost half of survey respondents said they don’t expect their partner to spend anything at all this year.

Debt.com surveyed over 1,200 Americans over the age of 18 to ask how they intended to spend money this Valentine’s Day, as well as what they expected from their significant others. The majority of respondents (67 percent) said it was at least somewhat important to mark the occasion. That includes 7 percent who said they were single, but planned to spoil themselves.

However, almost half (48 percent) of those who said they intended to celebrate said they would not care if their partner did not spend any money at all. Another 44 percent said they only expected a gift that was $50 or less. Just 7 percent wanted a gift that cost more than $50, and less than 1% wanted a gift that cost more than $100. To get last minute ideas on inexpensive gifts that will still impress, read 20 Cheap Valentine’s Day Gifts for Him and Her.

“We tend to over-gift in the desire to make our loved ones happy,” explains Howard Dvorkin, Chairman of Debt.com. “We expect less and give more, because everyone wants to make sure their loved ones know how much they care. Overspending can easily be avoided at holidays like Valentine’s Day with a simple conversation. Talk about what you expect as a couple, so you can both be on the same page in avoiding debt.”

This advice fits with the fact that 89 percent of people say they wouldn’t expect an indebted partner to take on more debt to buy a gift. Most survey respondents said you don’t need money to have a good time on Valentine’s Day.

“Being up front about financial challenges and setting spending limits on gifts shows you’re financially responsible,” Dvorkin says. “That’s an attractive quality to have, so you may do more for your relationship if you’re honest than if you overextended yourself for a pricey gift.”

Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s and and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Guest Post

If you would like to contribute a guest post, .

Share a Comment / Leave a Reply

best viking romance books

success book

actions movie
%d bloggers like this: