Fellas, we know you wanna pull out all the stops to impress your date. Flowers, candy, a sweet treat before (and after) dinner? 💐🍧 But…if you’re putting it all on plastic, think twice.
A recent NerdWallet survey spilled all the hot tea on what gives Americans the financial ick in relationships. Spoiler alert: it’s those high credit card balances. 💳 Keep reading for all the juicy stats!
Here’s Five Fast Facts on debt and relationships:
- 📊 Survey Says - In the survey, 10% of Americans said they’d never date a person with credit card debt. Younger generations feel more strongly about this than the old heads. Out of the Zoomers surveyed, 15% would pass on a debt-y dater and so would 13% of millennials. Gen X felt a little less bothered (7%) as did Boomers (6%).
- 📉 In the Red - Most Americans would date someone in debt, but there’s a limit. According to the survey, that number’s around $20K. However, 40% said that no amount of credit card debt is a dealbreaker in a relationship. Someone let us know if there’s a debt filter on Tinder.
- 👩❤️👨 Honeymoon’s Over - When it comes to those already snuggled up, it’s a bit of a different story. The survey showed 39% of Americans surveyed said they don’t care how much debt their partner has. Additionally, 77% said that student loan debt doesn’t matter.
- 💔 Just the Fib - Thinking about lying about your debt to win over that hottie? The survey showed 67% of Americans would stop dating someone who did. Bro, keep it honest…she’s gonna find out eventually.
- 💡 What’s the Plan? - While debt is a dating turn off for some Americans, having a plan could change things. According to the survey, 76% said consumer debt isn’t a problem as long as the person had a payoff plan in place.
🔥Bottom line: Climbing up Debt Mountain (or sliding down an avalanche)? If you’re in over your head, one of the best first steps is to get organized. In case you missed it, we’ve got an article on how to give your finances a good Spring cleaning. Check it out here!
What’s your biggest financial turn off in a relationship?
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