Valentine's Day isn't just for lovers as 50 percent of singles report being proud of their relationship status. But whether you're in a relationship or not, Americans have no problem spending big for the holiday for their loved ones and even themselves.
$19.7 billion is projected to be spent in the United States for the holiday this year, with the average person spending nearly $150. Some of that money will go towards furry friends as one in five people will buy their pet a gift in the name of Cupid and 24 percent of singles will gift themselves a treat as well, according to WalletHub.
For the couples across America, 90.8 percent plan to give their significant other a gift which is a good idea considering 53 percent of women say they would break up with their significant other if they didn't receive one for Valentine's Day.
The day of love can also prove life changing for some couples as 14 million marriage proposals are slated to happen this holiday.