6 Tips To Reduce Valentine’s Day Spending

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This “6 Tips To Reduce Valentine’s Day Spending ” post describes ways people can consider to reduce their expenses during Valentine’s Day. This post contains affiliate links/ads. See disclosure policy

Ok, it’s the time of the year. No, I am not referring to Christmas but to Valentine’s Day. Many would think that it’s too early to talk about Valentine’s Day but it really isn’t.

A lot of people have started thinking about what to give their significant other or partner. Some may have already bought their presents. Some may have made dinner reservations as early as January.

According to Credit Loan, American will spend roughly $17.6 billion for Valentine’s Day, the 2nd highest grossing holiday behind Christmas. According to National Research Federation, average American spent $103.0 in 2010, $116.2 in 2011, and $126.1 in 2012.

Surely, Americans have increasingly spent money on Valentine’s Day over the years. One thing is for sure, that is, a lot of people will be spending more than what they can afford come V-day.

But it shouldn’t be the case. There are many ways to spend the day without breaking your bank.  

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6 Tips To Reduce Valentine’s Day Spending

Here are a couple of ways on how to spend Valentine’s Day without spending too much money.

1 . Create your own version of a fancy meal.

Thought of making reservations in one of those fancy restaurants and pay half of or full paycheck in just one sitting? You may want to re-consider your thought.

The internet is a repository of everything and recipes for gourmet meals are no exception. Allrecipes.com, RealSimple, and The Kitchn are just few of those websites that house countless gourmet recipes.

You can go to high-end grocery stores to buy the ingredients you will need for cooking and buy some sparkling wines on the side. If you want a restaurant-feel ambiance, you can always get candles and just set up a nice table.

If you want to be below your budget, find recipes online with simple ingredients, and head to your favorite grocery stores to pick up the items.

The best part of creating your fancy meals is that you know exactly what the ingredients are and that you know you’re cooking for your loved one.

Your partner will likely be more appreciative because of the effort and time you put into such activities.

Read: Cut Grocery Bill: Feed A Family For $150 A Month

 

2. Customize your gifts.

Want to be on the budget and still give a gift that your partner will appreciate?

Try to customize your gift by creating picture collages, printing your best picture as couples and putting it on a frame, compiling videos of both of you together, and others. You can never go wrong with gifts that showcase your memories as long as they are good memories.

With so many DIY projects and websites like Pinterest, there are ways to be creative and make gifts that your loved one will appreciate. Really, the possibilities of customized gifts are endless.

If you still don’t know what gift to give and are on tight budget, turn to CrateJoy. It’s a monthly subscription and will send you or your loved one a subscription box every month containing new products.

Whether you are looking for beard kit, make up kit, or even Asian snacks kit, CrateJoy has thousands of boxes you can choose from.

I’ve seen subscription boxes for $5 with over 10 products in it. That’s just 50 cents per item (not to mention the shipping is included).

What’s so great about this box? You can try so many products and if you or your loved one find the perfect one, then, you guys can stop the subscription and buy that specific product on other retailers such as Amazon and Walmart.

In short, CrateJoy not only helps you test different products but it also helps you pin point those right products without you buying those big, bulky items without testing them. This could save you money in the process.

Click here to find the right kit for you.

 

3. Personalize your Valentine’s Day card..

Personalizing your Valentine’s Day card is one way to reduce Valentine’s Day spending. Ever given your significant other gifts on Valentine’s Day without including a card? Probably not, right?

Valentine cards have always been part of the gift giving tradition during Valentine’s Day. Instead of buying those fancy Hallmark and American Greeting cards, you can design and print your own card.

You can always customize your card to reflect what you really want to say to your partner. Do not worry if creativity is not your best skill.

You can always cut out pictures, write quotes that come directly from you or something you read. A personalized valentine card means more to a person than the Hallmark card you buy.

Just remember that personalized gifts are a fruit of labor (and budget) and buying cards from the shelves is a fruit of convenience.

Read: The Secrets To Becoming Debt-Free

 

4. Bring entertainment.

Entertainment doesn’t mean spending money on concerts or on movie theaters. You can stroll at the park and go to museums or art galleries that don’t charge any fee.

You can grab your favorite movies and watch them together at home. If you are a music lover and know how to play music or your partner knows how to, then, you can play music all night long.

There are countless ways of bringing entertainment. Just always remember that as long as you both celebrate Valentine’s Day together, you both will be happy.

 

5. Go on a group date.

Going on a group date is one way to reduce Valentine’s Day spending. If you and your loved one don’t mind going on group dates, then, do it. You can invite your friends and share the expenses on meals, gas, among others.

You can also skip the dinner and go to bars. You can also stay in one of your friends’ house, cook together, play games like charade or watch movies together.

The company, the fun, and the talk you and your friends will have won’t break your bank.

Read: How I Paid $40K Of Debt and Saved $70K in 2.5 Years

 

6. Bring coupons.

If you happen to really like to take a dip into the world of Valentine’s Day spending, always remember to check for coupons and promotions.

Valentine ’s Day is a big day for many and companies take this opportunity to market their products and/or services. You can check Living Social and Groupons for massive discounts. Coupons will help you reduce your expenditure during that day.

Final thoughts:

Regardless of what you both do or do not do, it is always best to remember that spending time together is the best thing to do during that special day.

Valentine’s Day is about spending your time with the person you dearly love and not about cards, restaurants, and flowers. It’s always the thoughts that count and so, Valentine’s Day will always be a more meaningful day even by just adopting simple yet memorable actions and activities.

Just remember there are ways to reduce Valentine’s Day spending. What are you going to do this Valentine’s Day? How much is your Valentine’s Day budget? Or are you on a Valentine’s Day on a budget?

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Allan Liwanag is a personal finance blogger who paid off at least $40K debt in 3 years by adopting simple and extreme saving techniques while ensuring his family’s needs were taken care of. An analyst by day and dedicated blogger by night, he loves to share his thoughts – based on his research, personal knowledge, and experience – on topics related to family, life, and money. Allan lives with his family in Maryland, USA.