5 ways to keep on budget this Valentine’s Day

Friday, February 8, 2019

5 Ways To Keep On Budget This Valentine’s Day

While Valentine's Day is a day full of romance and encourages us to do something special with our loved ones, it’s important we don’t blow our budgets on one day and remember the real reason for the celebration. It’s very easy to overspend, but being smart about the impact this has on our wallets is key – and that doesn’t mean you and your special someone miss out on the day.

St Valentine didn’t intend to break the bank

There is nothing wrong with you both spending the evening in with an M&S meal deal in the comfort of your own home. If you’re feeling a bit more adventurous, head to your local farmer’s market to pick up ingredients and make your other half’s favourite meal from scratch.

Buy a gift but shop around first!

From online discount codes to cashback sites and price-comparison sites, there are plenty of ways to get the lowest price tag. Don’t forget to check out if there are any pitfalls, it is easy to get stung if you’re unaware of hidden charges or long-term subscriptions.

Try something new

Why not use Valentine’s to do something different? According to our members, dining out, visiting the theatre and participating in quiz nights were the top 3 favourite pastimes.

There’s something for everyone

Whether you choose to spend Valentine’s with friends, your family or even your beloved pet -there’s more than enough love to go around! If you want to keep the cost down, consider splitting travel costs, meals and additional expenses so you’re not having to fork out amounts typically costed for couples.

Consider your loved ones

With love in the air, it may be a good time to consider your loved one’s futures. Whether saving for a dream holiday together, your first dream home or even your child’s future, setting up an ISA could help you get one step closer to a big financial milestone and enable you to keep topping it up for the following months.

For example, at Foresters Friendly Society, we offer the Lifetime ISA to help you save towards your first home, the Junior ISA to help save for your child’s future and a Stocks & Shares NISA for your own savings goals.

This blog is intended to provide information, not financial advice, to help you make an informed decision about savings and investments. We do not offer financial advice. You should contact a financial adviser, who may charge a fee, if you want financial advice. You/your child may not get back what is paid into a Junior ISA, Lifetime ISA, Stocks & Shares NISA dependent on the investment conditions at maturity.