Valentine’s Day is just around the corner, and it rarely comes cheap. Consumers are expected to spend millions of naira on this special day.
For some, Valentine’s Day is the holiday for love. For businesses, it’s an opportunity to hike up prices and capitalize on consumer spending. In other words, it’s one of the worst times of the year to splurge. But if you play your cards right, it’s more than possible to celebrate on a budget or, even better, leverage Valentine’s Day to earn money. Here’s how:
1. Book a staycation
Celebrating with a romantic getaway can add up fast. Hotel rooms are generally 25 percent more expensive on Valentine’s Day, according to the travel website Hipmunk. Throw in airfare and things will start to get pricey. Instead, curb your spending by booking a staycation at a local hotel or by staying in doors.
2. Skip the reservations and cook at home
The typical couple spends thousands of naira on a romantic Valentine’s Dinner. That’s a lot of money for one meal, not to mention the stress of scrambling for a reservation on one of the busiest nights of the year.
Whipping up a homemade meal in your kitchen can be just as special, and a whole heck of a lot cheaper. Instead of a five-course lobster dinner, consider recreating your first-date meal instead, or going with a budget-friendly recipe, like a delicious plate of jollof rice with grilled barbecue chicken. Top it off with chapman or zobo and you are good to go.
3. Treat yourself with a DIY spa day
On average, most spas charge anywhere from N10,000- N20,000 for a 60-minute massage.
Going the DIY route can be just as romantic (and way cheaper). You can make your own bath bombs in 10 minutes for as little as N2000. From there, light a few candles, put on some music, and enjoy the ambiance of an at-home spa.
4. Pick up a side hustle
A solid side hustle is another way to pad your wallet ahead of Valentine’s Day, or even on the holiday. In fact, roughly 20 to 30 percent of the working-age population already engage in some type of independent work, according to a 2016 report by the McKinsey Global Institute. And with Valentine’s Day being such a big date night, it’s also a prime time for raking in some extra cash.