Mother’s Day is only a few days away and so far spending has increased on Mother’s Day gifts. Shoppers are expected to spend an average of $152.52 which is up 8% from 2011. Mom’s in the south are being pampered just a little bit more with an average of $166.41 spent on them. Young professionals between 25-34 are planning on spending the most on Mom this year.
Have you purchased your Mother’s Day gift yet? Is so what did you buy your mom this year?
Sean Bryant created OneSmartDollar.com in 2011 to help pass along his knowledge of finance and economics to others. After graduating from the University of Iowa with a degree in economics he jumped into the world of finance. Sean has worked on the trade desk for a commodities brokerage firm, he was a project manager at Zacks Investment Research and was a CDO analyst at Bank of America. That being said he brings a good understanding of the finance field to the One Smart Dollar community.
Today, Sean has become a well known voice in the personal finance community. He's been featured in Time.com, Rocket Mortgage, Yahoo Finance, Huff Post, CBS News, Fox News, MarketWatch, Nasdaq.com, Investopedia.com, and GoBankingRates.com.
When you are trying to sell your house during a buyers market the biggest thing you can do to help yourself out is staging. Staging can help to set your home out from all the others that are on the market. Staging does not have to cost you a lot of money because that is…
Post-Christmas sales are just around the corner and more people than ever are picking up their smartphones to get the deals. Con artists know this and are taking advantage: a wealth of online scams and fake apps have arrived on the scene to rob online shoppers of their hard-earned dollars and private information. Fake apps…
There are two parts that make up personal finance. One part is the action; this is what most personal finance websites focus on, the how-to-save-more-money bit. But the other side of the coin is the psychology behind the action; many people ignore this aspect. When you are looking for ways to improve your financial health,…
There are lots of important numbers that can determine your potential success. The most important number from a financial perspective is your credit score. Most people associate a high credit score with someone who is responsible and trustworthy. That’s why so many lenders require a good credit score to make loans – whether that’s for…
It’s tax filing season again—that time of year when we all go tearing through our homes trying to find the right forms, the right receipts and the right documents that will prove how much money we earned, spent and for how much of it we are responsible and accountable. The forms are the worst because it always…
Overabundance, convenience, and non-stop entertainment have come to dominate our society especially within the past decade. Technology has enabled many projects that were not previously possible. With this change has come a shift of the producers and consumers of the world. These two groups of people, once clearly delineated, have since become hopelessly intertwined. Two…
Comments are closed.
My mom has given me so much, I don’t have a problem with giving her what she wants for mother’s day. This year she asked for some lululemon workout pants ($88!) so it came out to $95 with tax and all, but it’s worth it and she loves their clothes to work out in. I didn’t hesitate to get em for her! Last year I got her a massage and she hasn’t even used it yet.
My wife loves lululemon. They are prices but high quality. Its a nice splurge for her.
Sorry Mom but I can’t afford to spend as much as the average American. I don’t think I’ve ever spent that much on her for any holiday. I am surprised that the average is so high though.
Yeah I never spend that much. I will usually spend $75 or so for Christmas and buy her flowers on Mother’s Day.
I guess this makes me a bad son but I bought my mom a $4 card and that’s all she gets. 🙂 I’m glad I could help bring that average down!
You’re not a bad son, you’re a normal son 🙂