With US consumer debt surpassing a staggering $1.7 trillion, America is gearing up for another expensive Valentines Day, according to financial author and former Price Waterhouse CPA, Jim Trippon. Trippon, who runs a boutique wealth management firm in Houston, TX, is considered one of America's foremost authorities on the financial habits of American self -made millionaires. "Well intentioned gifts of Valentine’s Day often produce money arguments the rest of the year," says Trippon, who has released this years top ten list of the "most outrageously expensive" Valentines Gifts.

The National Retail Federation says Americans will spend nearly $100 on average for Valentine's Day this year. Given the credit card rates often at 24%, and assuming minimum payments, Trippon says this year’s day of love will cost the average American Cupid closer to $1,300 when interest and finance charges are included. “Some people really go overboard with their spending,” Trippon says, “It's not necessary to buy extravagant things to express your love.”

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Rest of the list for "Top Ten Most Outrageously Expensive Valentine’s Gifts" can be found here:

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