Is Valentine's Day Debt Worth It

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Is Valentine's Day Debt Worth It

This year, post quarantine times, spending for Valentine’s Day is up a whopping 44% from last year. Whether this is to raise our spirits or quietly rebel against being quarantined last year we may never know, but instead, we’re here to find out: is it worth it?

30% (that’s 3 in 10) Americans are relying on their credit cards to pay for Valentine’s Day this year. While paying for the treats, gifts, and outings, don’t forget about paying for that interest too. Unromantic fact: 43% plan to hide their newly taken-on debt from their significant other. Bad idea. Statistics also demonstrate a significant percentage of people spending more than they could afford just to impress their V-Day date. Yikes.

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