I have said it before, and I will say it again (and again). Valentine’s Day is a mere Hallmark holiday that has gotten way out of control. It is commercialism at its best. Sure, it is always nice to spend special moments with the special person in your life, but it will not kill you if you do not subscribe to the hype that is Valentine’s Day!
To prove my point – which may very well be your point as well, here is an infographic titled “The Economics of Valentine’s Day”. Even a cursory look at it will tell you that the holiday revolves around money. Okay, maybe it is not only about money and economics, but that plays a rather huge role in the celebration of the “holiday”.
The Economics of Valentine’s Day was put together by Online MBA, so I guess these guys know what they’re doing when it comes to crunching numbers. The infographic starts out with a bang – a huge one! It says that this year – so that’s today – the average person celebrating Valentine’s Day is going to spend $126.03. This number in 8.5% higher than last year’s figure. So who says the economy is down and that people are feeling poorer?
Not surprisingly, the projected figures show that men will be spending around double the amount that women will be spending for the day of love. Is this supposed to be a thing about women expecting more gifts than men? Oh, and if you are female and want to be unique in giving your partner a gift, stay away from chocolate!
The infographic also shows that flowers, candy, and a special evening out are the most popular gifts for Valentine’s Day. Again, if you want to make it more special, try to think of something else! It may be too late as the holiday is today, but in case you have procrastinated and still don’t have a gift, you have a chance to do something different.
Here is the infographic with all the stats for you number lovers.
Economics of Valentine's Day
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