Valentine's Day is not cheap. Flowers, gifts, dinner; before you know it you've blown a couple of hundred bucks in one night. So how much should you spend on Valentine's Day? A new survey has revealed what people think is a reasonable amount to spend on their date.
Romantic dinner image from Shutterstock
Cashless app maker Clipp.co has conducted a survey of 2204 Australians on the topic of Valentine's Day. It has found that 70 per cent of respondents are planning to take their date out for dinner and drinks on Valentine's Day.
New couples who have dated for less than three months are the most frugal of the lot with 44 per cent of respondents capping spending on the day to $100. But once couples past the six-month threshold, spending doubles with 62 per cent of people saying they would spend up to $200. This figure remains consistent throughout a relationship, the study suggested, with only a few Australians willing to fork out $300 or more on Valentine's Day.
Another interesting finding of the Clipp.co survey is that 76 per cent of female respondents are willing to contribute to the bill on Valentine's Day. Less than half of male respondents share the same view. Nonetheless, 78 per cent of men usually pick up the bill anyway but 37 per cent of women usually opt to split the costs.
So the standard for spending on the day seems to be at $200. How much are you willing to spend on your partner this Valentine's Day? Let us know in the comments.