Top Ten Most Outrageously Expensive Valentine's Gifts 2007
(Houston, TX//February 3, 2007) -- Americans dished out a staggering $13.7 billion last year on Valentines Day, according to the National Retail Federation (NRF). Jim Trippon, CPA and one of Americas foremost authorities on the money habits of self-made millionaires, has released his annual list of the most outrageously expensive gifts to give your significant other this holiday season.
The NRF said that Americans spent an average of $100.89 in total last year, up slightly from the previous years statistics. Given the credit card rates that are often at 24 percent and assuming minimum payments, Trippon says that this years day of love will cost the average consumer closer to $1300 when interest and finance charges are included.
Each year it seems that Americans top themselves in spending for Valentines Day, says Trippon, I think most people forgot that this holiday is about expressing your love for one another, not buying unnecessary extravagant gifts that often produce money arguments the rest of the year.
Here is Trippons annual top 10 list of the most outrageously expensive Valentines Day gifts for 2007.
- Bombardier Global Express XRS executive jet - $48 million
- Phuket private island in Thailand - $23 million
- Renee Strausse for the Bride diamond encrusted wedding dress - $12 million
- Neil Lane sapphire and diamond necklace and diamond drop earrings - $2 million
- Tiffany & Co. 7.5 carat diamond and platinum engagement ring - $845,000
- SSC Ultimate Aero sports car - $654,500
- Honma 24k gold and platinum plated golf clubs - $52,938 per set
- Fendi Pink Crocodile Spy Bag - $25,700
- Golf round at Sandy Lane in Barbados - $1,265
- Bling h20 water - $40 per bottle
Trippon believes that people stay in love when they take the time to become educated about money together.
Get real and deal with your budget, says Trippon, Be honest with each other about your money habits and come up with a plan to spend it as a couple. It will improve your love life!
Trippon is the author of the Amazon best-seller, How Millionaires Stay Rich Forever: Retirement Planning Secrets of Millionaires and How They Can Work For You.
For further information or to schedule an interview with Jim Trippon, contact Amal Zaid at 713-661-3806.
The online media center is located at: Valentine's List 2007 or download pdf.
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Publication Data: How Millionaires Stay Rich Forever: Retirement Planning Secrets of Millionaires and How They Can Work For You by Jim Trippon, CPA; Published by Bretton Woods Press LLC and distributed by Midpoint Trade Books; February 2004; 254 pages; 21.95; 6x9 Hard Cover; ISBN: 0-9723389-1-8
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