Valentine’s Day Survey: PayPal Looks at the Link between Money and Love

Paypal recently did a very interesting survey on money, love, and relationships. The survey, called “Can’t Buy Me Love”, uncovered some very interesting results:

-Money beats out sex and house-cleaning as the number one issue couples fight about – 37% of young couples report that they fight more about money than cleaning (34%) or frequency of sex (28%)

- Couples hide purchases from their partners – 82% of all respondents surveyed said they hide shopping bags and purchases from their partner. Note: I used to do this quite a bit. Like most addicts, I was ashamed of what I did (overspending/overpurchasing) , so I tried to hide it. I do know some women who do this cause they are married to stingy men.



-Couples use money as a means of control in their relationship – 57% of all respondents surveyed feel that money is used as a means of control in their relationship, determining when and how they choose to shop. Note: Yes, Yes, Yes. Fortunately, this isn’t a big deal in my marriage, but I do know some people who are with spouses that make more money than they do and who are made to feel guilty about the purchases they make.. even the ones that are for the household.

-Lack of money is the biggest financial fear – for 43% of respondents is not having enough money to live the lives they want

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Comments

  1. Cecilia says

    Unfortunately, I agree with most of the above statements. Money is the #1 issue in our house. I do occasionally hide purchases from my hubby. And because I’m a stay-at home and my husband works, I always feel that he begrudges any purchases I make, even if it is bath towels to replace the ratty old ones. While I personally don’t fear not having the money to “live the life I want”, my husband seems to do so. I believe that you have to live a little in order to enjoy life. It is not a destination, but a journey, if you wait until you “get there”, wherever that is, you may be dead already, or not have the health to enjoy it fully. But I do agree that I could use a bit more restraint in my spending. Maybe forego some champagne and brie every once in a while wouldn’t do any harm, but it is not like I’m spending $200 on a shopping spree on myself alone, on clothing and stuff.

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