Valentine’s Day creeps up every year on February 14th and most couples hunt for ways to tell their partners that they love them.
The act of telling someone you love them on this holiday can add up fast.
According to the National Retail Federation (NRF), Americans are expected to spend $19.6 billion on the holiday this year. Yes, nearly $20 billion!
The holiday tops Easter and Halloween according to the federation but is still behind Christmas.
According to a survey by WalletHub, men will spend $190 while women will spend around $96.
The NRF has said that 20% of people opt for jewelry and this amounts to a spending of $4.7 billion on sparkly gifts.
According to the Society of American Florists, people will spend $1.8 billion on candy and an average of $77 a person on flowers.
The NRF has said that even people without a partner will be spending and that 27% are planning to treat themselves this holiday.
250 million roses are produced for Valentine’s Day, and we’ll spend an average of $77 a person on flowers.
Those chocolate-filled candy boxes will also set us back—consumers will spend $1.8 billion on candy.