6 Valentine’s Day Ideas For When You’re Both Broke

Toronto, ON – When it comes to the language of love, The Beatles had it right when they sang I don’t care too much for money, money can’t buy me love.

With Valentine’s Day right around the corner, Consolidated Credit Counseling Services of Canada wants cash-strapped couples to follow The Beatles advice and give the kind of things that money just can’t buy.

This year, the average romantic Canuck plans to spend approximately $100 to shower their loved one with candy flowers and over-priced trinkets. And even though household debt is at an all-time high, only 20% are worried about the cost of Valentine’s Day.

“If you’re struggling to really get a hold on your finances, overindulging on Valentine’s Day is a sure-fire way to make a bad debt problem worse,” says Jeffrey Schwartz, executive director of Consolidated Credit. “A hundred dollars may not seem like a lot of money today, but if you can only make minimum payments on your credit card it will be a long and expensive road to paying off that debt”

Before you say Hello, and Goodbye to your hard earned money on February 14th consider these 6 Valentine’s Day ideas for when you’re both broke:

Skip the flowers – Roses are more expensive on Valentine’s Day, then on any other day of the year. Skip the flowers all together, or choose a less expensive variety of flower.

Stay In – A romantic dinner for two on Valentine’s Day can really put the finances in a bind. Instead of eating out in a crowded restaurant, stay home and make each other their favorite meal by candlelight for a fraction of the cost.

Scrap the Card – Why spend money on an expensive card when you can easily make one yourself? For the artistically challenged, get online and create a personalized e-card for that special someone. Or even better, leave a simple love note that says it all.

Make the gift – Homemade gifts are a unique way of showing your Valentine you care. A mixed tape (or playlist), a special photo album, heart shaped cookies or even a short poem or letter are all thoughtful, and often free ways to show your appreciation.

Random acts of kindness – What better way to show your appreciation for that someone special than by surprising them with random acts of kindness.

Pay off debt – Nothing says love like making a commitment to get out of debt together. Start the conversation and see if the desire to get out of debt trumps the material gifts of past Valentine’s Days. Hopefully, getting out of debt sooner, rather than later is more important than a box of chocolates and a night on the town.

For more information or to request an interview with Jeffrey Schwartz, please contact:

Kylie-Anne Doerner, Communications & Public Relations Manager, Consolidated Credit Counseling Services of Canada, Inc. (B) 416.915.7283 ext. 1057 (C) 289.231.7900 or kdoerner@consolidatedcredit.ca.

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