Tax Planning 5 money saving tips for Valentine’s Day Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by Published Feb 14, 2013 - [Updated Jul 19, 2019] 2 min read To help you through Valentine’s Day without breaking the bank, here are five tips to make your Valentine’s Day special without the price tag– now that’s a real gift! 1. Make a Gift-giving Budget and Stick to it. As a couple, you should set expectations to how much you each will spend on gifts for one another. Whether you want to splurge on your sweetie or show how much you care with a DIY gift, make sure to set a budget and expectations so there’s no disappointment come Valentines day. 2. Give from the Heart and Hearth. Happy memories come these special times, not from spending a lot of money on this day. Bake cookies, knit a scarf or make a personalized scrapbook. A handmade gift or baked goods tells your significant other you invested time (not to mention love) in the gift – and that makes it priceless! 3. Gift Wisely. You are spending your hard-earned cash, so be sure that your honey is getting something they value. Instead of giving flowers and chocolates, try giving something they could use like a piece of technology or something they’ve wanted. They’ll surely love that more than the calories from the sweets they normally receive. 4. Dine In. This may be the national day for spending a fortune on a fancy dinner out on the town, but you shouldn’t shy away from staying home with your Valentine. They’ll not only appreciate a home cooked meal, but you can also save quite a bit by preparing dinner yourself. 5. Donate to a Cause – and don’t forget the tax break! Make a donation to a charity close to your Valentine’s heart. Not only will it be a meaningful gift, you’ll also get a quick tax deduction to boot. Previous Post Surprise Your Significant Other This Valentine’s Day Next Post Different Ways to Give to Charities You Love Written by More from Leave a ReplyCancel reply Browse Related Articles Tax Tips TurboTax Up to 5-Day Early Refund Option: What You Need to Know Tax Help How to File a Business Tax Extension: Deadlines, Forms, and Penalties Tax Tips The White Lotus Tax Lessons: Navigating Gift Taxes, Lump Sum Payouts, Hush Money, and the IRS Tax Questions What Day Are Taxes Due? April 15! How to File for a Tax Extension or Pay Taxes Online Tax Questions What Happens If You File Your Taxes Wrong? Late Filing Penalties, Interest, and More Tax Questions What’s Tax Deductible? A Guide to Mortgage Interest, Long-Term Care, Funeral Expenses, Student Loans, and Roth IRA Contributions Tax Questions Is it Better to Get Your Taxes Done or Do Them Yourself? (And Other Tax Questions Answered) Tax Forms What is a 1099-K Form? How to Report Payments on Your Tax Return (2024) Tax Forms What is a 1099 Form? A Guide to Understanding Your Tax Obligations Income Tax by State Wisconsin State Income Tax in 2025: A Guide