LOUISVILLE, Ky. (WDRB) --  Millenials will drop the most money this Valentine's Day, according to a new study. 

Millennials plan to spend approximately $208 on food, entertainment and gifts for their valentines this year, according to a study by bankrate.com

According to the study, millennials said newer relationships and social media are the reasons for spending more. Baby boomers plan to spend only $100, according to the study. 

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