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Valentine’s Day By The Numbers

Valentine's day

 Valentine’s Day is the third largest consumer holiday in the United States by amount spent, with the $19.7 billion that we shell out in Cupid’s name each year coming in just behind the $21.2 billion spent on Mother’s Day and the $630.5 billion we devote to the winter holidays. So, whether you love or hate this holiday (if you even think it’s a holiday to begin with), there’s no denying St. Valentine’s impact on our nation’s economy.

With that in mind and to help people embrace that loving feeling in a manner that’s safe for their wallets, the personal finance website WalletHub prepared the following Valentine’s Day By The Numbers infographic, which showcases participation rates, spending trends and other fascinating tidbits about this romantic day.

Valentine by the numbers2016 v6

Source: WalletHub

From a WalletHub News Release for SouthFloridaReporter.comFeb. 12, 2016 

WalletHub is the first-ever website to offer free credit scores and full credit reports that are updated on a daily basis. But we consider that just an appetizer, as we’ve built the brain of an artificially intelligent financial advisor that will truly leave your wallet full. WalletHub’s brain performs three primary functions, providing: 1) Customized credit-improvement advice; 2) Personalized savings alerts; and 3) 24/7 wallet surveillance. Such features are supplemented by more reviews of financial products, professionals and companies than any other website offers and a diverse community of subject matter experts. WalletHub is owned by Evolution Finance, Inc. and is based in Washington, DC.

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