Has Inflation Affected The Dating Realm? Many people think that inflation is an economic issue. But this isn’t true. Inflation has affected the dating realm, especially when it pertains to going out, marriage and living with parents.
A Good Meal is a Major Part of the Dating Experience.
A good meal is a major part of the dating experience. It can be the difference between an average date and one that leaves you wanting more, or even better yet, waiting in anticipation for another.
A good meal is a sign of a good date, which in turn is a sign of a good relationship, which means when it comes time for marriage you’ll be ready to start your life together with your spouse!
Newlyweds are Leaning on Credit Cards More to Fund their Weddings.
The wedding industry is thriving, thanks to the financial pinch that Americans have been under over the past decade. According to a study by the National Association of Wedding Professionals and WeddingWire.com, couples are spending an average of $28,440 on their weddings in 2018—a substantial increase from $26,351 in 2016.
Many newlyweds are leaning on credit cards more than ever before to fund their nuptials; according to CreditCards.com’s analysis of Federal Reserve data, 21% of Americans say they plan on using a credit card as part of their wedding budget this year—the highest percentage since 2005 (the first year this survey was conducted).
With so much money going toward these big events—and with newlyweds struggling with student debt and other consumer expenses—it’s no surprise that many couples find themselves struggling financially after tying the knot and moving in together for life. In fact:
The Rising Cost of College Looms Over College Students and Prospective college students alike.
The rising cost of college looms over college students and prospective college students alike. Student debt is a constant threat, with student loan debt currently at $1.5 trillion and growing annually by $100 billion. This burden can make it difficult for graduates to move forward in their careers, especially in the early years after graduation when they’re looking for work and trying to start paying off their debts. At the same time, college is not an ironclad guarantee of good employment: according to research from the Federal Reserve Bank of New York, only 35 percent of recent graduates have found full-time permanent jobs.
Auto Loans Seem more Attractive than in Years past. – Affected The Dating Realm
There are a few things that have changed in the auto loan realm. Auto loans seem more attractive than in years past and consumers are willing to take on more debt for their vehicles.
Why has this happened? Well, there are many factors at play here, but one thing you can count on when it comes to this topic is that inflation plays a huge role in everything you buy—including cars!
This means that even though the value of your dollar may not be changing much, what you can buy with it will be getting more expensive as time goes on.
Many young People live at Home with their Parents.
This isn’t necessarily a bad thing; it can be a good way to save money. Inflation Affected Dating has caused the cost of food and housing to skyrocket, so many young people are having trouble making ends meet and have no choice but to rely on their parents for financial assistance. One benefit of this is that they get free meals!
Inflation has affected the Dating World, Especially when it Pertains to going out, Marriage and Living with Parents
The cost of going out has risen dramatically in the last few years. Inflation, coupled with higher taxes and increased gas prices, have brought the average date night to around $150 per couple. This is up from only $50 in 2008!
Weddings are also becoming more expensive thanks to inflation. The average wedding now costs around $35,000—a whopping 900% increase since 1980!
Additionally, college tuition has skyrocketed alongside inflation over the past decade or so. Some schools now charge over 20k a year for tuition alone (without adding room and board). That’s an increase of over 800% since 2000!
Finally, cars and living with parents have both become more expensive due to inflationary forces as well. Car payments have gone up about 250% since 2000 while housing costs have increased by 500%. These are just some examples of how dating has been affected by rising prices due to inflation
Conclusion – Affected The Dating Realm
Inflation is a major economic trend that affects life in many ways. It’s no surprise that inflation also has an effect on dating and marriage. Inflation means that it costs more to have a wedding, go out for dinner with friends or even buy your own house. If you’re looking for someone special then keep this in mind when dating and spending time together with potential mates!