Consumers plan to spend an average of $196 each this Valentine's Day, according to the National Retail Federation, with spending expected to total $27.4 billion. That's a lot of diamonds, chocolate, greeting cards, flowers, and other creative ways people will come up with to show their loved ones how much they care.
The holiday is also a great opportunity to make some extra cash. Here are five ways to do just that.
As many as 49% of adults would rather stay home for dinner on Valentine's Day than go out, according to an Instacart survey of more than 2,000 U.S. adults. For those opting to stay home, consider delivering takeout through services like Grubhub, DoorDash, or Uber Eats, or delivering groceries through services like Instacart and Shipt.
As people get creative on Valentine's Day, they might need some help. A TaskRabbit spokesperson shared with Grow some of the more inventive requests that people have posted on the site in the name of love:
Create a profile on TaskRabbit and look out for unique requests. Taskers making deliveries in New York, for instance, make anywhere from $20 to $170 per hour. You could also comb through the "gigs" section of Craigslist, where users make similar asks.
Video by Stephen Parkhurst
Forty-three percent of people say they plan to buy greeting cards for Valentine's Day, according to a WalletHub survey of 1,000 people. If you have a flair for the artistic, consider offering your services to individuals who want something customized, or create cards to sell on sites like Etsy, Amazon Handmade, or eBay. Custom cards on Etsy can go for anywhere from $3.50 to $15 each.
You can think beyond cards, too. These sites offer the chance to sell lots of different types of personalized items, from mugs to bags to jewelry, much of which could be themed to capitalize on the holiday.
In 2019, Valentine's Day was the second-most popular holiday for parents to post babysitting jobs on Care.com, according to the website. And 34% of people celebrating Valentine's Day plan to spend their money on a night out, according to WalletHub.
Reap the benefits of these parents' plans by signing up to be a babysitter on sites like Care.com, which reports that sitters nationwide can make from around $14 to $19 per hour.
Pet owners may also need your assistance. Sign up to be a pet sitter on sites like Care.com, Sitter City, or Pet Sitter. The average rate of a pet sitter is $13 per hour, according to Glassdoor.
Valentine's Day is one of the best holidays to drive for Uber, according to Harry Campbell, the Ride Share Guy.
"People who just want a ride to dinner will take an UberX," he says. "Others might go all out in honor of the holiday and upgrade to a Black or Select to make the night more romantic or special." Sign up to drive for a services like Lyft or Uber. One ride-share driver in New York City told CNBC he can pull in about $250 for a full day's work.
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