Yahoo Finance Champagne, chocolate or flowers: Which is cheaper this Valentine’s Day?
Do you love love?
Or do you just love chocolate?
Either way, there’s some good news in store this Valentine’s Day.
Chocolate and alcohol are the least-likely Valentine’s Day gifts to cop a price increase on 14 February, and savvy shoppers can even find chocolates for 50 per cent off in some places, analysis by Finder.com.au has revealed.
Champagne is another treat that is unlikely to change price. If you buy it in a mixed dozen you can even score a discount, Finder noted.
But roses are likely to increase in price, up 50 per cent from January, along with restaurants, which often offer romantic (read: expensive) meal services.
“Forget flowers and go for bubbles or chocolate this year,” Finder personal finance expert, Kate Browne said.
“Check the supermarkets for chocolate deals as some are selling a few popular gift boxes at 50 per cent off. It could be a cheap way to bag a bargain for Easter too.”
“It’s a great excuse to stockpile your favourite treats whether or not you are celebrating Valentine’s Day.”
How to know if you’ll score a gift
There are some Australians who are more likely to receive a gift than others.
According to ME Bank research, 56 per cent of those in relationships are going to celebrate Valentine’s Day this year, but most are going to spend $50 or less.
While 81 per cent of adults in relationships think it’s the thought – not the dollar figure – that counts, married couples are more likely to receive fancier gifts.
And, puppy love is a beautiful thing; younger Australians (18-24) are the keenest to impress.
“It’s no surprise that new couples are the keenest to impress with lavish gifts, but the results suggest this willingness to spend big decreases the longer the relationship,” ME money expert, Matthew Read said.
“The longer couples are together, the less they feel the need to splash out on each other – perhaps due to a shift in financial priorities and the establishment of shared saving goals for their future.”
Men are also twice as likely to spend big on Valentine’s Day, with 22 per cent planning to spend more than $100 to only 10 per cent of women, Canstar data revealed.
Only 1 per cent of Australians are going to spend more than $500.
Here’s that in a graph.
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