“I don’t understand the whole dating thing. I know right off the bat if I’m interested in someone, and I don’t want them to waste their money on me and take me out to eat if I know I’m not interested in that person.” – Britney Spears
Relationships nowadays last as long as a trending meme – here today gone tomorrow. Dating is enjoyable and stressful but it is even more annoying for those who are trying to build wealth.
As much as you may try to avoid it, dating costs money. Depending on who you are, it may cost A LOT of money.
Is it worth it?
From simple dates at Dave & Busters to exquisite dates at NOBU, dating can cut a sizable hole in your pocket.
When you are a businessman/woman or someone who is investing, you understand (hopefully) the value of a dollar. When that bill comes, you probably think about how many shares of XYZ stock you could of bought, or how much advertising you could of had.
Casual dating in my opinion is a waste of time, unless you have various accounts and one of them are for dating expenses. An alternative?
Save your money for a serious partner.
I have spent thousands on people who were evidently not worth my time. Now, I spend on someone who brings value to my life in all aspects, including our finances. There are two types of women/men that you will get with – those who are a bill and those who are an investment. The latter should always be preferred.
I am not saying that you own these people or that their value is only what you can get out of them. What I am saying is that if the person you are spending so much money on will not be with you in a few months and you would rather spend money on that person than to build your business(es), you are wasting your time and you do not value money.
Trips and memories are okay, but you must know your limits and you must stay within them. If you do not see a future in the person you are with, do not waste your money. Once you have a ton of income coming in, maybe you can treat your friends and a date to some champagne and the finest steak.
But, until then, value your time, your money, and your efforts. Not everyone that smiles at you should be invested in.
So does dating and wealth building work? Meh.
Until next time,
Live Long and Prosperous.
Value Investing Millennial Jahnome McEwan provides FIFTY tips for Young Adults looking to build wealth from now. If working a 9-5 until retirement twists your stomach, Jahnome has a way to get you out of it!
Click here if you are interested in learning how!