Are you cheap or just frugal?
53 percent would think twice before getting involved with someone who carries a lot of debt.For everyone out there who pinches pennies, keep it up.
Besides frugality being a good way to make saving for emergencies and retirement easier, 90 percent of people view it as an appealing trait in a romantic partner, according to a new survey by SlickDeals.net, a crowdsourced shopping platform. The survey canvassed 2,000 people about their views on frugality, including the role it plays in relationships.About 53 percent of respondents are hesitant to get into a relationship with someone who is debt-burdened. And 60 percent have had a previous partner who was reckless with money, which made them seek out a more financially responsible partner.Credit card debt has topped $1 trillion and student loan debt now stands at $1.
. On top of that, inflation has generally outpaced wage growth. These dynamics make finding ways to minimize spending and reduce expenses the key to financial health for many households.
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