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We are now exactly three weeks away from Valentine's Day – but don't panic. If you're planning to surprise your significant other with a nice Valentine's Day treat, we've got some tips to help you keep costs in check.
Research from American Express has found that 56% of Brits bought their partner a gift last year, spending an average of £27. This may not seem like a huge amount, but it equates to a spend of roughly £776 million across the nation.
Aside from partners, people also showed some love to their pets, with 19% spending on average £5 to buy a Valentine's Day gift for their furry friend. Other lucky recipients include parents, which 10% gifted an average of £6 to, and friends, which another 10% gifted on average £5 worth of goodies to.
And don't forget to treat yourself! Fourteen percent certainly haven't, spending an average of £8 in the process. Overall, this means some Brits could be spending £51 or indeed much more in the next few weeks.
With Christmas just behind us and many still paying off various bills, you may not want to go overboard this Valentine's Day. To help you stay on the good side of your bank balance, American Express has come up with some top tips:
Don't forget that if you really want to spoil your pet while saving money, pet insurance may be the best gift you could give them.
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