Valentine’s Day has a way of turning into its own financial event. Not necessarily because we want it to, but because of societal expectations - after all, 1 in 4 people say they feel pressured to spend more than they want to for Valentine’s Day.

This year, the UK is expected to spend £2.38 billion on Valentine’s Day, which would be a record and a 7% increase compared to last year.

That headline number is eye-catching, but, as always, there’s more behind the clickbait. So let’s break down what’s actually going on.

Make a (money) date with the one you love

If you’re serious about making it work with your significant other, I’m afraid that ‘the talk’ is pretty much inevitable.

What exactly should you be addressing? Here’s our low-down.

The double-edged-sword that is being financially dependent on your spouse. Whatever your reasons - it’s important to know how to protect yourself in case things aren’t as smooth-sailing as you’d hope.