NEW YORK (TheStreet) — Since dads are notorious for wanting costs kept low even on big days such as their birthday and Father's Day, some family members are getting ahead of the issue.
They're planning fun but budget-friendly Father's Days this year, and they think dad will be really happy about it.
"With my father being 68 this Father's Day, we have really begun focusing on his health and wellness to ensure he lives for many more," says Andrew Royce Bauer, chief executive at Royce Leather in Secaucus, N.J. "To limit our costs and maximize the day, I am taking my father on a [paddle-boat] trip along the Shark River inlet in New Jersey. A two-hour boat ride will allow him to get exercise, which is conducive to his exercise regime."
"This way we can pedal together and enjoy each other's company while not spending a fortune on a gift," he adds.
Budget experts say Father's Day really isn't about dollar signs, but about honoring the family patriarch. "Father's Day is not all about buying the perfect gift or card, it's about showing dad how much you love and appreciate everything he has done for you," says Steven Trumble, president and CEO of Newton, Mass.-based American Consumer Credit Counseling. "There are plenty of ways to demonstrate your gratitude and thoughtfulness without breaking the bank."
The average gift-giver will spend $115 for dad on Father's Day, and Americans will spend $12.7 billion, in all, according to the National Retail Federation.