3 days ago
Single and struggling to save? How you can bank £2,400 a year - if you give up dating!
Single people could be spending up to £2,400 a year on dating, according to research from VoucherCodes.
More than two in five spend as much as £100 on every date, the survey found. This means individuals who go on two dates a month are paying £2,400 a year, the equivalent of a second-hand car or a two-week holiday abroad.
Savvy-minded savers could also be putting a large chunk of this money in their pension pot or stocks and shares individual savings account (Isa) to grow money through compounding.
Psychologist and intimacy coach Dr Lori Beth Bisbey says: 'Modern dating is like playing the lottery with your wallet – you're swiping, hoping for a spark, but burning through cash on connections that can go nowhere.
'Ask yourself: would you pay £100 to meet a stranger with no guarantee of chemistry? Get clear on what you're looking for and don't be afraid to walk away if a match doesn't meet your standards – financially or emotionally.'
She says you should call to talk to a potential date for ten minutes prior to meeting to spot red flags and judge if you want to spend your money and time on them.
