Love does not conquer all

10 February 2016
| By Jassmyn |
image
image
expand image

Your potential to find love could be dependent on your financial situation as Aussies are worried about their finances, according to a survey.

Credit Savvy's survey found 57 per cent of respondents would consider breaking up with their partner if they knew their partner was in a bleak financial situation.

Over three-quarters of respondents felt that financial wellbeing and income were important in a potential partner.

Credit Savvy managing director, Dirk Hofman, said the results highlight that Australians are worried about finances, including that of their partner.

"As household debt soars and young people struggle to enter the housing market, more Australians recognise the importance of getting in tune with their finances and credit reputation," Hofman said.

"These results suggest that people are factoring in more than just love when they're considering committing to a partner. They're also worrying about how they're going to get approval for that large mortgage down the track."

The survey also found 69 per cent of females preferred good finances over a good body, and 59 per cent of males preferred a good body over finances.

Almost a quarter of respondents said they would not go on a second date if they were asked about their finances on the first date, and 18 per cent admitted to having a bank account their partner did not know about.

"After all, if having good finances and a good credit reputation could impact on your appeal as a potential partner, you'd want to give yourself the best shot," Hofman said.

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

4 days 7 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 4 days ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 4 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND