

How Does a Money Nerd Think About "Romance"? (SB1644)
Feb 14, 2025
Join personal finance experts Len Penzo and Jesse Cramer as they navigate the financial realities of romance, especially around Valentine's Day. They reveal shocking spending trends and discuss the true cost of love, from babysitting fees to restaurant markups. Discover creative and budget-friendly alternatives to traditional celebrations, plus the importance of financial transparency in relationships. With humor and listener tips, they show how to keep the romance alive without breaking the bank.
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Valentine's Day Spending Paradox
- People plan to spend an average of $179 on Valentine's Day gifts, but 56% would skip it if possible.
- Despite this, 82% of those in relationships still plan to give a gift.
Gender and Generational Gift-Giving Trends
- Men (89%) are more likely than women (76%) to give Valentine's Day gifts.
- Gen Z is the most likely age group to exchange gifts, while Gen X is the least likely.
Financial Honesty in Relationships
- Avoid going into debt for Valentine's Day and hiding it from your partner.
- Honesty and open communication are crucial for a healthy relationship.