Millennials Say Dating is Too Expensive for Them

Written by adminAugust 7, 2019
Real life

Millennials have a lot of struggles in our post-recession world. Among them are crushing student debt, rising costs, and the fact that a large portion of them cannot afford to live on their own. They are forced to make a lot of difficult decisions as a result of being known as the broke generation.

Many studies have revealed that millennials are putting off a lot of major decisions. The reason is they simply can’t afford them. They’re waiting longer and longer to buy a house, get married, and have kids. Student loan debt is one of the main causes of this problem. When you’re paying out towards your debt equivalent to your rent payment each month, you’d have reasons to be concerned, too.

But another area millennials are struggling to afford is the dating life. Match.com recently did a survey that revealed 30% of millennials say dating is too expensive for them. Their financial instability makes dating that much more difficult, as it’s hard to explain to a prospective partner why they’re not as stable. Typically, not too many people would find financial instability appealing when choosing the right partner.

A Worthless Investment?

To be fair to millennials, dating is quite expensive. One millennial shared this thought with USA Today, claiming to spend hundreds of dollars each month to go out on dates. That’s a lot of change to spend, especially if such attempts don’t work out. Then you’re in a constant struggle of routinely dating to find someone who sticks.

Let’s face it. If you’re going to date, then you need to do it right. Men especially feel obligated to take dates out to a nice place, which can get fairly pricey. Add in other costs, like going to get a coffee, seeing a movie, or other dating venues prospective couples do. Even if the couple agrees to go Dutch, going on a date can cost a pretty penny.

Nearly half of all women find financial security to be a deal breaker. Of course, if you’re going to start a relationship with someone that can lead to marriage, you would want your spouse to have some financial security. Nearly 90% of women say finding a kind partner is really their main goal, but the financial aspect does matter to them somewhat.

Commitment Issues?

In reality, millennials might just be making excuses. A new survey found that this generation has a difficult time making a commitment. 39% of them found committed relationships boring. There is a lot of fear of settling down with the wrong person and in today’s modern culture, dating and sex aren’t mutually inclusive any longer. Dating on its own merits is just a fun evening and tomorrow they’ll go out with someone else.

More than ever millennials are breaking off dates for some fairly crazy reasons, like incompatible zodiac signs or minor disagreements, like not agreeing on what the best restaurant in town is. These show an eagerness not to commit, but to find weak excuses why it’s not working out.

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Here’s Why the Cost of Everything You Buy is Going Up

Written by adminJuly 16, 2018
Life Style

If you’ve been to the grocery store lately, you might’ve already noticed that a dollar seems to be stretching a lot less further than a few months ago. In fact, the Consumer Price Index is up 2.9% since last month, it’s fastest growth since 2012.

So, what’s behind this sudden rapid growth of inflation? There are several answers for this. Overall, coming out of the recession, supply and demand is changing the way we consume things. Once stagnant sales are again in overdrive, propelled forward by recent tax cuts and an increase in employment.

Income has risen as well, but it’s not enough to overcome this new bout of inflation. It doesn’t matter if people have more of their own money if everything starts getting more expensive, essentially negating potential budget increases.

The main reason for the inflation hike is the price of oil. Since 2015, we’ve been enjoying a brief reprieve from high oil costs that threatened to break almost $4 per gallon. Oil prices that were once $30/barrel are now up to $70/barrel as OPEC can’t seem to make up its mind about drilling to keep up with demand.

When the price of gas goes up, so does everything else. Gas is used in nearly every industry, especially for shipping, so those costs are usually handed down to the consumer.

The demand for housing has skyrocketed as well. It’s not just places like Seattle and New York seeing growth in the markets, but also a lot of the smaller rural towns as well. When there’s higher demand, it can cause prices to inflate, forcing people to pay more each month.

Interest rates tend to shoot higher as well. The rates are lowered when the economy isn’t doing so well to help people get back on their feet, but when unemployment is down and wages are up, the government feels confident enough to hike the rates.

And then, there are the tariffs. It’s not just the tariffs on steel, that have made things like laundry equipment and vehicles 13% more expensive, but the retaliatory tariffs on U.S. agriculture that is sure to impact the price of food.

The price of eggs is up 14%. Gardening and lawn care is up 7.6%.

It’s looking to be an expensive summer across the country. We can only hope that gas prices get relieved, which will help cut some of this inflation going into the holiday seasons. A good indicator will be how well the Back-to-School shopping season does as it begins to kick off going into August.

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