Love does not conquer all

10 February 2016
| By Jassmyn |
image
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

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 week 6 days ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 month 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

1 month 2 weeks ago

AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...

5 days 21 hours ago

ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...

2 weeks 1 day ago

The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...

3 weeks 1 day ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Powered by MOMENTUM MEDIA
moneymanagement logo