Survey: Mother's Day Gifts
If You Had All the Money in the World, What Would You Buy Your Mom?
If money were no object, over half of respondents to a recent CreditDonkey.com survey would send their mom on a vacation for Mother's Day. Second on this wish list was a house (27.4% of respondents said so). Alas, for all the mothers out there, the average amount of money our more than 800 respondents plan to spend this Mother's Day is just $61.56 – not enough for a dream vacation or a new home.
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| If money was no object, what would you get your mother for Mother's Day? © CreditDonkey |
Flowers and dinner are the winners
Because money is the object, instead of giving mom a cruise or even a Groupon Getaways deal, most grown children are sticking with the old Mother's Day gift standbys – flowers and dinner. Just over 40% of respondents will treat mom to flowers, 30.5% will provide mom with a nice dinner, and 30.1% will give a greeting card.
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| What do you want to give for Mother's Day? © CreditDonkey |
And we'll be more frugal, too
The recently released NCH 2013 coupon report found that 79.8% of consumers regularly plan shopping lists and base brand decisions on coupons. According to the report, coupon users saved $11.20 on average per shopping trip.
After all, why pay $11.20 more if you don't have to? Consumers are carrying over their frugality to their Mother’s Day spending as well: More than half of our respondents said they will be actively searching for Mother's Day deals and specials, with 74.6% planning to search online deal sites for the perfect gift. And 51.2% expect to complete their Mother's Day shopping online.
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| How will you search for Mother's Day sales, deals and specials? © CreditDonkey |
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| How do you plan to do most of your Mother's Day shopping? © CreditDonkey |
Fortunately, when asked if they have enough money to spend on Mother's Day, 77.5% of respondents said yes. In fact, most are not planning on using a credit card for Mother's Day purchases, which in our opinion may be too bad since they could earn cash back if they use the right one.
- 49.6% plan to use a debit card
- 24.7% plan to use cash
- 24.7% plan to use a credit card
(CreditDonkey.com surveyed 1,062 Americans, age 18 and over between April 1 and April 10, 2013. 81% plan to celebrate Mother's Day. Results and analysis are based on the 890 respondents who plan to celebrate Mother's Day.)
Naomi Mannino is a contributing writer at CreditDonkey, a credit card comparison and financial education website. Write to Naomi Mannino at naomi@creditdonkey.com. Our data-driven analysis has been recognized by major news outlets across the country and has helped families make savvy financial and lifestyle decisions.
