LoveGeist 2010: Is The Love Economy In A Recession Too?
- Tuesday, December 07 2010 @ 10:23 am
- Contributed by: ElyseRomano
- Views: 1,909
You've probably tried to recession-proof your bank account, but have you done anything to protect your love life from the effects of the failing economy?
The findings of Match's LoveGeist Report confirm suspicions that the recession has had an undeniable impact on our love lives and dating habits. In times of difficulty and uncertainty, psychologist Cecilia d'Felice explains, people "tend to cling together" and "start to value the things that are not so materially obvious." In the face of the economic crisis, finding emotional security has become just as important as creating financial security.
For singles, this means that security has become more important than ever in the search for love. 95% of those polled by LoveGeist researchers reported that "it is most important to them that the person they form a long-term relationship with is someone they feel secure with." In fact, security outranked other strongly desirable traits like sexual compatibility, shared values, and a common sense of humor.
Inevitably, finances are a powerful motivating force in the search for security. The experts behind the LoveGeist report believe that it's possible that the recession has caused many people to be less likely to leave a long-term relationship, either because they feel that they can't afford to or because they are afraid of the insecurity that a break up will bring. New relationships also might be less likely to occur in difficult financial times, because career security is prioritized over a social life.
But don't lose hope - love, it turns out, is still alive and well. Only 13% of survey respondents said that they prioritize income in the search for a long-term partner, a significantly smaller number than the 96% who said that they are seeking security and the 82% who are looking for shared values. Marriage was considered a path to financial security by only 2% of respondents. As a result of the fiscal crisis, "daters are buffering themselves against the cold economic climate," says the LoveGeist Report, and "looking for the warmth of shared experience and comfort."
In the wake of financial failure, we're faced with many big questions: What happens now? Will the dating market boom as the economy improves and people are once more willing to take risks? As we travel along the road to recession recovery, will relationships become "normal" again? Or have we redefined what it means to have a "normal" relationship?
Your thoughts, readers?
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