Are you tired of the financial strain that dating can put on your wallet? Look no further! Our experts have crafted a guide on dating on a budget, filled with money-saving tips and tricks to help you thrive in your love life without breaking the bank. Discover how utilizing suitable credit cards can amplify your savings, ensuring fulfilling relationships without compromising financially. Don’t let budget constraints hold you back from finding love – read our guide today!
Discover practical and efficient strategies for managing your dating expenses on a budget. Learn how utilizing suitable credit cards can amplify your savings, ensuring fulfilling relationships without financial strain!
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Dont you feel like dating sucks sometimes? You have to have a pool of potential dates, because everyone does, and find the time for each of them. You need to be prepared to be ghosted or stood up, and youre supposed to play the game of avoiding catching feelings.
As if that wasnt enough, dating can also get really expensive. Now that were all getting vaccinated (and I sure hope you are!), were going to switch from the pandemic-style virtual and socially-distanced dating back to going out and spending money.
If you feel like giving up on the whole concept, I feel you. Lets figure this one out together. I might not be able to tell you how to avoid being ghosted or the key to getting more Hinge matches, but I can help you fit dating into your budget.
Why is dating so expensive?
This might not be a popular opinion, but pandemic dating hasnt been that bad—at least, its been easier on our wallets. Video dates have become a thing, and theyre free. Instead of going to the movies, weve done Netflix parties, bingeing shows together without having to meet physically. When we finally decided it was worth it to see each other in person, we still often avoided restaurants and bars.
All of this has been great on our budget. Now, however, I expect dating to come back to what it was before the pandemic.
This means going shopping for new outfits. I dont know about you, but Ive been wearing pajamas 90 percent of the time in the past 12 months and now require a whole new wardrobe. This can also mean shopping for makeup. And possibly perfume. Should we throw some manicures in there too? That can easily become a regular expense.
The dates themselves are an expense, too, since they often involve going out to eat or getting drinks. They might even include a movie, concert tickets, day trips or other activities. Unfortunately, fun experiences often cost money. And if youre like many of us on apps dating around with multiple people, these expenses can add up quickly.
Before the pandemic, a single person in the U.S. spent around $168 on dating every month. If it continues like this, you could save over $2,000 in a year staying happily single.
Im just kidding. You dont have to do that. Heres how you can bring dating costs down.
How to budget for dating
While theres no sure way to protect your heart from ghosting and other horrors of modern dating, you can protect your budget.
Come up with free or cheap date ideas
Everything in life is an investment, my friend, and so is dating. The first few dates are risk assets. They may pay off beautifully or turn out to be lost time and money. You may be tempted to splurge to impress your date and show them a good time, but Id recommend holding off on that at least until the asset in question becomes less volatile, and you start seeing some real potential—whatever that means for you.
Until that happens, have a few cheap date ideas in your arsenal. Have a picnic at a park. Check out some art galleries. Go hiking (just not on the first couple of dates—need I tell you it doesnt sound safe to wander in the wilderness with a stranger?).
Besides, unless you can regularly spend money on expensive dates without much impact on your budget, why would you create an impression that you can? Nobody likes false expectations.
Split the bill
I heard that on the first date, the person who does the asking should also do the paying. Afterward, you can take turns paying or split the check.
I suppose this makes sense, but what if youre proactive in your dating life? What if youre a king or queen of first dates?
Ive had 14 first dates in the pandemic, and Im a lazy dater. Imagine if I were the one doing the asking and all of those dates were offline—Id have to pick up the tab. Id have spent $300-$400 without much return on my investment. My budget would call me and tell me to stay single.
Of course, theres a great chance the other person will offer to split the bill, but they still may expect you to pick up the tab. If you then drop an unexpected expense in their lap, they might not be happy.
To avoid the high cost of first dates, set the right expectation from the get-go. Dont overexplain anything and stay casual. For example, if youre doing a dinner and a movie, you can say something along the lines of, Ill pay for the dinner, you pay for the movie? If thats a big deal for the other person, well—maybe it wasnt meant to be to begin with. Thats tough, but so is dating, am I right?
Have the right credit card with you
I once read advice that its best to use cash on a date to avoid overspending. If you have a problem with credit card overspending, thats fair. If, however, you know how to avoid credit card mistakes and are comfortable using credit cards, theres no reason not to get rewards on your dates.
Taking your date to a concert? Pay with the Capital One SavorOne Cash Rewards Credit Card and get 3 percent back. Getting fancy snacks for a picnic? The Blue Cash Preferred® Card from American Express earns 6 percent cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1 percent). Bring the Chase Sapphire Reserve® and all those dinner dates will bring you closer to a trip paid with points—no matter if those dates are first or last (or both).
Plus, you never know when your pretty credit card can help the conversation flow. I recently went on a date and offered to split the bill, handing the guy my American Express® Gold Card. He told me hed cover it, thankfully, but his eyes went wide, and he said, Wait, your Amex is… pink? I explained that it was rose gold, not pink, which led to a few cute jokes that made this credit card nerds heart happy.
Its a match!
Since were talking about credit cards—I guess this is just what happens whenever I have a conversation—I invite you to check out CardMatch. I promise its more rewarding than a dating app because you get matched with credit card offers tailored to your credit profile for free and without impacting your credit score. You get your perfect match, no need to pay for their dinner.
As a final word, Id like to encourage you not to give up on dating yet, at least not because of its financial aspect. There are many ways to have an amazing time with a person without making your budget cry. Plus, the right person for you will accept your current financial situation, whatever it is.
Thanks to Source
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