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New Study: How Much Do Americans Spend on Dating? 

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Spending on Dates Study

The average American spends over $120,000 over his or her lifetime on dating, according to a new study. Not surprisingly, seventy percent of daters think that dating is too expensive.

Online banking company Simple.com partnered with OnePoll to survey 2,000 Americans about their expenses when it comes to dating and found on average it costs people $168.17 per month. According to Fox News, they also discovered that dating expenses actually increase once the couple gets married – on average to $185.65 per month - because they want to do things to “keep the spark alive,” according to the report.

Elite Dating App ‘The Inner Circle’ Reveals The Most Popular Professions On Its Platform

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Your profession makes a difference when dating

The butcher, the baker, the candlestick maker - who would fare best on a dating app? A recent study conducted by The Inner Circle analyzed the occupations of 5,000 popular users based in Los Angeles, New York, London, Amsterdam, Paris, Sydney, and Toronto to discover which jobs are most likely to attract potential mates. The findings suggest men and women don’t always seek the same qualities in a match, and that including certain job titles in your profile could significantly boost your desirability.

Women in finance and medicine scored major points across continents. In London, New York and Toronto, female members working in the financial sector received the most right swipes. Women in the medical profession came out on top in Amsterdam in Los Angeles. Ladies in Paris and Sydney proved to be outliers. France’s notoriously stylish capital preferred women working in the fashion industry, while Sydney singles favored women in marketing roles. Other popular industries for women included entertainment, travel, hospitality, law and consulting.

Australians Spend Nearly $12 Billion Annually On The Search For Love

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 Australian Singles Spending on Dating

“Money can’t buy me love,” said The Beatles, but Australian singles are determined to prove them wrong. According to ING Direct’s 2017 Cost of Dating report, Aussies happily hand over nearly $12 billion per year in the name of finding their happily ever afters.

The exact figure is $11.65 billion, a price tag that’s sure to induce sticker shock in almost any dater, regardless of how deep their pockets run. Australians reportedly spend an average of $79 on a first date, with one third of singles going on at least one first date per month, and a further 32% going on two or more first dates per month. Additionally, almost one in five (18%) have paid for dating services, an expenditure that tallies up to $80.7 million each year.

When it comes to first dates, Australians err on the side of tradition. More than half (56%) of single men are prepared to pick up the tab. Baby Boomer males (33%) are particularly committed to this classic notion of romantic chivalry, followed closely by Gen X men (27%) and Millennial men (26%).

Romantic Date Ideas if You’re on a Budget

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Romantic Date Ideas

When we think of romance, most of us think of scenes from movies or luxurious vacations. What woman doesn’t like getting all dressed up as she waits for her man to take her for a romantic dinner by candlelight, or whisks her away on a weekend getaway near the beach?

While these scenarios are great, they are also expensive, stressful, and a little bit cliché. Instead of impressing your date with how much money you can spend on her or what impressive vacation you can take her on, try thinking a little more creatively. There are plenty of ways to be romantic on a budget, so you don’t put such a dent in your wallet.

Following are some ideas:

New Study Finds Daters Prefer Savers Over Spenders

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Have you always envisioned the perfect guy to romance you with grand gestures like exotic trips, expensive jewelry or dinners at fancy restaurants?

Turns out, most singles would rather you have a savings account and a 401K.

According to a recent study from the University of Michigan Ross School of Business, savers are viewed as more attractive dating material than spenders. Researchers gathered existing studies and conducted a series of experiments asking participants to rate the desirability of different dates. They concluded that as long as the urge to save isn't extreme, the perception is that savers possess greater self-control, which increases their romantic attractiveness.

And saving habits are thought to lead to other good disciplinary practices as well, like working out and eating healthily, according to the study. So daters who care about saving money might be perceived as better looking and more physically attractive, too.

Researchers were quick to note the context in which they conducted the study, since the economic climate in the U.S. has been depressed compared to before the recession began in 2008. This could affect the priorities of singles, who are looking for someone who is more cautious and less flagrant when it comes to trying to impress a date.

The study notes that: "We observed this pattern in the shadow of the Great Recession, a time in which people who chronically spend may be viewed as especially irresponsible. Whether savers continue to be preferred in times of economic abundance (when active saving is less necessary for financial survival) is an important open question."

This isn't the first bit of news to tie economics to dating preferences. An article in the New York Times earlier this year noted that a person's credit score is a very important factor in deciding whether or not to date someone. "Credit scores are like the dating equivalent of a sexually transmitted disease test," said Manisha Thakor, the founder and chief executive of MoneyZen Wealth Management, in the Times article. "It's a shorthand way to get a sense of someone's financial past the same way an S.T.D. test gives some information about a person's sexual past."

And a survey last fall found that more than 25% of adult daters have used a coupon on a first date, and 73% of those surveyed said they would continue to date a coupon clipper.

It seems most daters are on board with saving pennies, so there's no need to impress him or her with over the top gifts or gestures. Impress her with your credit score instead.

Are You Asking Him For Too Much? Probably Not.

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There was a recent article in Glamour discussing what it means to be "high maintenance." Many of us associate this term with negative images - women who date men for money and/or power, or who spend their lunch hours at the salon getting facials and massages, or who demand way too much in their relationships, making their men run.

Unfortunately, as the article states, women also tend to think asking for anything in a relationship would be considered "high maintenance" to a man. This includes basic courtesies, like calling back in a timely manner or making plans a couple of days in advance instead of receiving a last minute text to "hang out."

Many women go into new relationships trying to play the "cool" girlfriend by not asking for anything, even though they grow increasingly unhappy and frustrated as the relationship progresses (or doesn't progress). They are afraid to have difficult conversations with their dates. They don't want to tell their man how they feel for fear of being rejected outright. So they keep treading along hoping for things to change. This isn't healthy for any relationship. In fact, most of these relationships fizzle. But the emotional heartache could have been prevented had they stood up for what they wanted earlier in the relationship.

For example, let's say Laurie has been dating a man pretty regularly for three months. They have a great time together, laugh a lot, and she feels incredibly attracted to him. He can be sweet and romantic sometimes, surprising her with flowers or a nice dinner out. But many nights she wonders if he's going to call, or who he's with, or when she will meet any of his friends.

Laurie doesn't want to ask him how he feels. She's frightened that her admission of wanting to be more serious will make him bolt. She would rather keep dating him and enjoying their time together, hoping eventually he will ask her to be exclusive. Four months later, she's still waiting and growing increasingly confused and distraught. He calls less, he's still unpredictable, but he continues to date her.

In this example, Laurie isn't getting what she wants, and until she's willing to change things, it will continue down the same path until he breaks things off with her.

It is important to be courageous when you're dealing with your heart. If a man isn't giving you what you want or need in terms of a relationship, then it is up to you to tell him. He isn't the one in control here - both of you are equals in the relationship. Both of you deserve to have what you want. And if you can't get it with each other, you deserve to know and move on.

Asking for what you want isn't high maintenance. It's the road to a healthy relationship.

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