SINGAPORE — Describing himself as a “thrifty” man, 25-year-old copywriter Julian Wong found himself quickly losing interest in a girl he got to know on a dating platform when she defended her spending habits by saying she was “still young and can work”.
“For me, knowing my partner’s spending habits is important because one day (when we get married), it will be our shared money,” he said.
Mr Wong is not alone in his attitude towards money. According to a survey by dating application Coffee Meets Bagel and investment platform Syfe, 93 per cent of Singaporeans find good money management to be an attractive quality in a potential partner.
The survey, which involved 1,363 respondents in June 2022, looked at people’s attitudes towards money, such as bill etiquette and expectations around career and earnings, when it comes to a potential long-term partner.
Some key findings are:
When to talk about money
- Two in three believe it’s a turnoff to bring up the topic of money on the first date
- However, there is a generational divide — 58 per cent of those above 35 believe money talk is taboo on the first date, versus 40 per cent of those below 35
- One in three of all respondents would share how much they earn within five dates
- 44 per cent feel it’s appropriate to ask someone how much they earn before becoming a couple
- Only two in five of both men and women believe that men should always pay
- 30 per cent believe the bill should be split
- 51 per cent of women would be offended if they offered to pay and the other person did not offer to split the bill
- 24 per cent of men would be offended by the same situation
- The majority of women, or 60 per cent, prefer that their partner makes more money than them
- But most men, or 70 per cent, do not care how much their partner makes
For instance, she said, people have limited resources, such as time and energy for dating and investing. Like investing, dating is about finding “what works for you, learning about yourself and your values while finding a match for the long term”, she added.
More at https://www.todayonline.com/singapore/youth-survey-dating-money-coffee-meets-bagel-syfe-1968306