ACCC Offers Families Tips on How to Save on Father’s Day Spending
National non-profit American Consumer Credit Counseling highlights how creative gift ideas can save money as Father’s Day spending is expected to hit record highs this year.
(Boston, MA) – June 14, 2016 – Father’s Day is a special opportunity for families and friends to celebrate the tremendous role that fathers and father figures play in their lives. Since Father’s Day shopping can often be an added financial challenge, national nonprofit American Consumer Credit Counseling has come up with creative ways to save on Dad’s big day – tips that enable consumers to show appreciation without going over budget.
“Father’s Day is all about showing your Dad how much he is loved and appreciated for all he does,” said Steve Trumble, President and CEO of American Consumer Credit Counseling, which is based in Newton, MA. “Luckily, there are several different ways to show dad your gratitude without breaking the bank.”
According to the National Retail Federation, Father’s Day spending is expected to reach $14.3 billion in 2016, a record high. It is anticipated that consumers will spend an average of $125.92 on Father’s Day, up from last year’s average of $115.57. Consumer’s surveyed plan to spend $3.1 billion on special outings, $2 billion on clothing, $2 billion on gift cards and $1.7 billion on electronics.
ACCC compiled five fun and affordable gift ideas that will show your Dad how appreciated he is this Father’s Day.
- Do-It-Yourself Gifts and Cards – Instead of buying a fancy card with someone else’s words, make your own card telling Dad exactly what makes you love and appreciate him.
- Chore Gift Certificate – Show Dad just how much you love him by giving him a “gift card” of chores that you will do for him so he can sit and relax on his special day and in the weeks to come.
- Outside Adventure – Get away from the hustle and bustle of daily life and enjoy the great outdoors at a national park, beach, museum or another fun local place. Pack a picnic of Dad’s favorite snacks and enjoy a peaceful excursion.
- Monthly Subscriptions – Sign Dad up for something that he likes and would use and enjoy every month. You will likely save on up-front costs because most of these require that consumers pay on a month-to-month basis. Magazine subscriptions are typically only a few dollars a month, and the Dollar Shave Club ranges from $1-$9 a month.
- Have a Home Cooked Meal – Instead of taking the entire family out to celebrate Dad on Father’s Day, cook his favorite meal at home together.
ACCC is a 501(c)3 organization that provides free credit counseling, bankruptcy counseling, and housing counseling to consumers nationwide in need of financial literacy education and money management. For more information, contact ACCC:
- For credit counseling, call 800-769-3571
- For bankruptcy counseling, call 866-826-6924
- For housing counseling, call 866-826-7180
- Or visit us online at http://www.ConsumerCredit.com
About American Consumer Credit Counseling
American Consumer Credit Counseling (ACCC) is a nonprofit credit counseling 501(c)(3) organization dedicated to empowering consumers to achieve financial management through credit counseling, debt management, bankruptcy counseling, housing counseling, student loan counseling and financial education. In order to help consumers reach their goal of debt relief, ACCC provides a range of free consumer personal finance resources (http://www.consumercredit.com/financial-education) on a variety of topics including budgeting, credit and debt management, student loans, youth and money, homeownership, identity theft, senior living and retirement. Consumers can use ACCC’s worksheets, videos, calculators, and blog articles to make the best possible decisions regarding their financial future. ACCC holds an A+ rating with the Better Business Bureau and is a member of the National Foundation for Credit Counseling® (NFCC®). For more information or to access free financial education resources, log on to http://www.ConsumerCredit.com or visit http://www.TalkingCentsBlog.com.