Sunday, February 8, 2015

What men and women will spend their money on this Valentine’s Day

ANYTHING FOR LOVE


4 hours ago
As restaurant managers and florists preparing for one of the busiest days of the year know, Valentine’s Day is a huge and growing business.

Americans will spend $18.9 billion on flowers, chocolates, restaurant meals, and even “anti-Valentine’s Day” gifts like “Valentine’s Day is for suckers” t-shirts and “heartbreakers and hell raisers” mugs, according to the National Retail Foundation, which surveyed 6,357 adults about their Feb. 14 plans. (For those who don’t plan to drop a wad of cash:Saying “I love you” is free.)

In general, men planned to spend about $124 on a spouse or significant other, while women planned to spend only $54. (That’s in line with the results of Business Insider’s Valentine’s Day survey, in which respondents said they’d spend between $26 and $159.)

Here are some insights from the NRF’s survey into what men and women say they will spend money on this Valentine’s Day:

Men spend a lot more

But women spread the Valentine’s love to a broader range of people

Women are more likely to pick up a gift at the discount store

Where-men-and-women-plan-to-buy-their-gifts-from-Men-Women_chartbuilder (2)

A lot more men give flowers, but more women give candy and cards

The-gifts-men-and-women-plan-on-giving-Men-Women_chartbuilder (1)

Men spend five times as much on jewelry than women

The-average-amount-men-and-women-plan-to-spend-on-each-gift-Men-Women_chartbuilder

Those who aren’t celebrating mostly tune the whole thing out

What-men-and-women-not-celebrating-Valentine-s-Day-plan-on-doing-Men-Women_chartbuilder (1)

Postcards from

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