Give the Gift of Love and Responsible Spending This Valentine’s Day

Consumer Credit Counseling Agency Encourages Consumers to Act Wisely


Riverside, Calif. – (Feb. 4, 2013) – Springboard Nonprofit Consumer Credit Management, Inc. (“Springboard”) is reminding consumers that spending irresponsibly is no way to say ‘I love you’ this Valentine’s Day.  While it is estimated that retail industry sales will rise 3.4 percent in 2013, Springboard is encouraging consumers to not put their good financial judgment aside this Valentine’s Day and derail any financial gains they have worked so hard to achieve.

“Consumers who are already in financial distress, or on the cusp, should not feel compelled to spend, putting their own economic well-being at risk,” said Melinda Opperman, Springboard’s senior vice president.  “Excessive spending and disregard for an already strained family budget may lead to buyer’s remorse down the road,” said Opperman.

Springboard recommends that consumers instead get their financial affairs in order and to tell the truth about them if they want their romantic relationship to develop, thrive and survive.  The agency suggests that consumers consider the following list of what love is not as they celebrate Valentine’s Day, one of the biggest gift-giving holidays of the year.

  • Love is not spending more than you can afford on a gift.  Regardless of the motive, being overly generous when money is tight is really no gift at all, to the recipient or the giver.
  • Love is not being a pretender.  Honesty, including financial honesty, is the key to any relationship.  Consumers should not pretend that they have money they don’t by playing the big-spender role.
  • Love is not making financial decisions with the heart.  Even though emotional spending can give a temporary high, it can also lead to guilt and buyer’s remorse.
  • Love is not avoiding the financial realities.  Burying one’s head in the financial sand and living as if there were no money problems, only digs the financial hole deeper.
  • Love is not giving a gift that will soon be forgotten.  Most people cannot remember what they received last Valentine’s Day.  Making a purchase simply to have a gift in hand will be equally forgettable and a waste of money.

“Showing that you are financially reliable is a tangible expression of your love.  It’s a gift that’s meaningful, always in style, won’t wilt or add pounds,” said Opperman.

Across the nation, Springboard offers personal financial education and assistance with credit counseling, housing counseling, debt and money management through educational programs and confidential counseling.  Springboard offers financial workbooks, calculators and other helpful resources, which may be accessed and downloaded for free at


photo: torbakhopper via flickr cc

Springboard Nonprofit Consumer Credit Management is a 501(c)(3) nonprofit personal financial education and counseling organization founded in 1974. Springboard is a HUD-approved housing counseling agency and a member of the National Foundation for Credit Counseling, a national organization of nonprofit credit counseling agencies, and a member of the Association of Independent Credit Counseling Agencies. The agency offers personal financial education and assistance with credit counseling, housing counseling, debt and money management through educational programs and confidential counseling. Springboard is accredited by the Council on Accreditation, signifying the highest standards for agency governance, fiscal integrity, counselor certification and service delivery policies. The agency provides pre-bankruptcy counseling and debtor education as mandated by the bankruptcy reform law. The agency offers nationwide phone counseling services and has locations in California, Arizona, Nevada, New Mexico, Texas, South Carolina and Massachusetts for in-person counseling sessions. Not all types of counseling are available in-person at all locations, please call for details. For more information on Springboard, call 800-449-9818 or visit their web site at

Springboard - Promoting Financial Literacy since 1974.