Experiences Win Over Clothing Gifts This Father's Day

Many sons and daughter's are passing on a traditional tie for experiences this Father's Day. The National Retail Foundation said spending on a special outing with dad, like sporting events, concerts, and eating out will rack up $3.3 billion this year. The NRT's annual survey said electronics, gift cards, and clothing are next in popular choices, averaging $2 billion.

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When short on ideas, Prosper Principal Analyst Pam Goodfellow suggests that shoppers go with personal care items such as cologne, aftershave and razors. Total Father's Day spending is anticipated to reach a record high of $15.5 billion.

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