HOW TO AVOID OVERSPENDING FOR VALENTINE'S DAY

Valentine’s Day is a very special day for most couples and with it comes some amount of spending. Admittedly, some couples will dig really deep into their pockets to express their love. However, the amount you spend on your partner for Valentine’s Day should not be a measure of how much you love him or her. As a matter of fact, some would say that the best gifts are actually free.

Regardless of your take on the matter, make sure your Valentine’s Day is within budget to help stay on track with your financial goals for the year. Here are some measures that you can implement to avoid breaking your piggy bank on Valentine’s Day spending:

1. Plan a romantic dinner at home – This year, instead of going out, you may plan a very entertaining Valentine’s night at home with your special someone. Planning to cook a special meal for your Valentine may be a welcome surprise. Even though this may take some amount of planning and co-ordination, you can pull off a spectacular evening together without having to spend big on eating out.

2. Pick a fun, free activity – The cost of entertainment can be expensive, especially if you try to plan out a weekend, day, or even long evening.  The good news is many of the great things in life are free.  Try searching online for exciting things to do in nearby town or city that your Valentine may show interest in.  If they like quaint towns, history, and sight-seeing; try for a tour of the downtown or a winery/brewery in a town not far away.

3. Give a personalized handmade gift – Personalized handmade gifts can convey a special type of appreciation for your partner. The fact that you spent the time to make it will make it extra special. For example, you can consider buying the ingredients and putting together a gift basket yourself instead of purchasing a ready-made one. This strategy could save you lots of cash. Try turning a passionate skill or hobby of yours into something you can share with your Valentine for an extra unique and special gift.

4. Establish a spending limit – If your partner knows your financial situation and understands your desire to save money, consider establishing spending limits for both partners. For example, you can both agree beforehand that the gifts that you buy for each other will not exceed $200. This will avoid any tension or guilt with a major cost difference between the gifts.