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Overspending doesn't get much love on Valentine's Day

Photo by istock.com

February 11, 2020

Nearly one in three Americans are not feeling the love if their partner overspends on Valentine's Day, according to a survey released by CompareCards.

In fact 31% are "turned off" by overspending and on average said anything over $201 is too much to spend, according to a press release.

Additional key findings include:

• 1 in 10 Americans have gone into debt because of Valentine’s Day spending, and 22% believe Valentine’s Day debt is worth it if it makes their partner happy.
• The average American expects to spend $142 on their significant other this Valentine’s Day. In return, they think their partner will spend $119.20.
• Men ($248.90) and Gen Xers ($293.10) will spend the most.