Originally published by WalletHub.
Whether you love it or loathe it, there’s no denying that Valentine’s Day is a big deal. We spend billions of dollars on the occasion each year. There’s a lot riding on what we do (or don’t do) in Cupid’s name on February 14, to the extent that it could affect whether some people wind up filing joint or individual tax returns come April. This year, many people may find their Valentine’s day budgets constrained due to inflation. In fact, more than 1 in 4 of Americans expect their Valentine to not spend any money on gifts this year, according to a nationally representative survey conducted by WalletHub.
WalletHub’s survey aimed to find out more about how consumers are approaching Valentine’s Day 2023 in the midst of high inflation. We asked about everything from spending to financial turnoffs and how money problems affect relationships. You can check out the complete results in the infographic below.