It’s predicted Americans will spend an average of $175 on Valentine’s Day. That sounds like a present and a nice dinner. Me? I’ll be eating chocolates and drinking cava. Americans will spend more than $23.9 billion to celebrate the romantic holiday this year.
“You’re beautiful and gorgeous. You have lovely eyes and sexy lips that are kissable.” That’s what a stranger wrote to me on Instagram. Fortunately, since I write about fraud frequently, I can recognize a potential romance scam. Unfortunately, the FTC reports more consumers are falling prey to romance scammers.
Valentine’s Day shoppers will spend more than $23.9 billion to celebrate the celebrate this year. That makes Valentine’s Day the third most expensive holiday on the calendar for U.S. celebrate. About 36 percent of people expect their Valentine to spend at least $50 on a gift, according to a survey.
For my New Year’s dinner, I thought it would be fun to order a turkey Wellington from Harry & David, a company that sells gift baskets and gourmet food and wine. I’d ordered their lobster pot pie for gifts plus dessert and wine gifts with no problems.
Thirty percent of Americans overspent during the holidays, and it’s likely that many of them will be paying for the 2021 holiday season well into 2022, according to a survey by WalletHub, a personal finance website. However, 41 million Americans say the 2021 holiday season was worth going into debt for.
Merry Christmas, if Christmas is a day you celebrate. I got very lucky and my daughters came to visit me for a Christmas celebration in early December. We had a Christmas dinner, featuring the family tradition of turkey with stuffing made from hamburger buns, on Dec. 3 and opened presents on Dec. 4.
Covid-19 certainly is having an impact on this holiday season: flights canceled, schools closed, and vacation plans changed. And, supply chain issues continuing. With the omicron variant so prevalent, people need to keep being careful. Wear a mask inside and social distance when you can.
About a third of American consumers will be returning holiday gifts this year. Hopefully, you kept your receipts and are able to take care of your returns right away. The Better Business Bureau offers these tips for your holiday returns:
Regulators are taking a look at five companies offering the fast-growing “buy now, pay later” credit. Orders to collect information on the risks and benefits of these loans went to Affirm, Afterpay, Klarna, PayPal, and Zip.
If you’re shipping holiday cards and gifts for Christmas, Dec. 25, or Kwanzaa, Dec. 26–Jan. 1, or other holiday traditions, it’s a time to make a plan to get your packages mailed. The deadline for mailing packages through the U.S. Postal Service to arrive by Dec. 25 is tomorrow, Dec. 15.