Strive to Become BETTER on Valentine's Day

Strive to Become BETTER on Valentine's Day

February 14, 2024

Strive to Become Better on Valentine’s Day


Author and lyricist Paulo Coelho, “When we love, we always strive to become better than we are. When we strive to become better than we are, everything around us becomes better too.”1

 

More than half of U.S. consumers plan to celebrate Valentine’s Day, according to the National Retail Federation. And in 2023, consumers spent around $193 per person on the holiday, up from $175 in 2022.2

But author Andrew Silsby writes in Forbes, Valentine’s Day is the perfect time revisit your financial plan – and if you’re partnered up, it’s a great time to talk about money with your partner.3

For couples, Silsby writes, this is especially important because getting clear about finances and how you’ll manage them together is key to maintaining healthy relationships.3

“Before your relationship runs into trouble, it’s best to have an open, honest discussions about your personal finances,” Silsby writes.3

Things both couples and singles can revisit on Valentine’s Day:

  • Review your beneficiaries.
  • Add some cash to your emergency fund

Revisiting these elements of your financial plan, and communicating with your partner if you’re paired up, can help you become better and make things around you better, too. Being financially prepared is a beautiful way to express love.

Happy Valentine’s Day! If you need any help going over these elements, give us a call. We’re grateful you chose us to help you find your financial freedom!

 

Sources:

1 https://www.goodhousekeeping.com/holidays/valentines-day-ideas/g4093/valentines-day-quotes/

2https://nrf.com/research-insights/holiday-data-and-trends/valentines-day

3https://www.forbes.com/sites/forbesfinancecouncil/2020/02/12/valentines-day-is-the-perfect-time-to-whisper-sweet-somethings-about-your-finances/?sh=1b7ce3484016

 

Securities and advisory services offered through “LPL Financial, LLC”, Member FINRA/SIPC.

 

This material was prepared by Carson Coaching. Carson Coaching is not affiliated with the named broker/dealer or firm.