Top Ten Most Expensive Valentine's Gifts 2008
(Houston, TX/February 5, 2008) -- Americans plan to spend a staggering $17.02 billion this 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 expensive gifts to give your significant other this holiday season.
The NRF said that Americans will spend an average of $122.98 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 forget that this holiday is about expressing your love for one another, not buying extravagant gifts that often produce money arguments the rest of the year.
Here is Trippons annual top 10 list of the most expensive Valentines Day gifts for 2008:
- Harry Winston Pink Diamond Ring - $6.4 million
- Lake Forest Confections Le Chocolat (in yellow or blue diamonds, or emeralds and sapphires - $1.5 Million per box
- Chanel Diamond Forever Classic Bag - $261,000
- Tequila Ley .925 gold and platinum Passion Azteca Liquor - $225,00 per bottle
- Clive Christian 5-Carat diamond Imperial Majesty perfume - $215,000 per bottle
- Maserati GranTurismo - $125,000 (starting at)
- Guerlain KissKiss Gold & Diamond 2.2-Carat Lipstick - $62,000
- Sabbia Rosa cashmere and silk robe - $3230
- Manolo Blahnik Aligator Halter shoe - $2685
- 24-Carat Gold Facial at Eldorado Hotel and Spa - $475
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 Kelley Damiani at 713-661-3806 or pr@trippon.com.
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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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