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Stephen: The average person between 18 and 34 racks up hundreds in “dating debt” per year

Written by on September 18, 2023

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How much would you pay for love? Recent data shows that the average American invests about $120,000 in dating, from romantic dinners to thoughtful gifts and even personal grooming and cosmetic products.

22% of millennials and 19% of Gen Z have “dating debt.” 21% of those aged 18 to 34 accrue $500 or more in dating debt per year.

What racks up dating debt? Accidental overspending, attempting to impress dates, and seeking intimacy are some reasons daters dig deep.

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