Long distance relationship and money

long distance relationship and money

Apr 17, Absence makes the heart grow fonder, but what about when there's money involved? How to consider (and afford) the real costs of a long. May 14, When I decided to try a long-distance relationship with my now Finances shouldn't be the deciding factor in a relationship, but money can put. Jun 26, Money stress can create tension between couples and this can be How to make your long distance relationship financially possible.

Maintaining a long-distance relationship involves a lot of work and effort, and it can be easy for people to put off a potentially difficult conversation even when it might be necessary for the relationship. To bring this issue to light for those who are in long-distance relationships, we seek to provide an appropriate context and framework that can be used to discuss this matter, and also to discuss a few ways that couples can leverage to lighten the financial burden of travelling to spend time together as much as possible.

The biggest cost of most long-distance relationships is the travelling expense, namely the cost of air tickets. Most couples would agree that weeks is about the longest they can go without seeing each other, while intercontinental couples would have to endure even longer periods of being separated.

Often, one person will end up travelling, spending and sacrificing more than the other, building up a sense of unfairness and potentially ruining the relationship. This is where many long-distance relationships and many normal relationships turn sour. Otherwise, you could open a joint savings account where each person contributes a percentage of their paycheck into it. Have a Clear End in Sight As a part of the discussion, long-distance couples should also chat about their future.

If anything, the assessment above should give them a very clear picture of the extent of their financial commitment that is required of them to continue the relationship. Even if it were to be bearable in the short-term, it will undoubtedly add up to an enormous amount over a few years.

These questions can also help you understand your own expectations and attitudes towards money. Did your family have enough money while you were growing up?

long distance relationship and money

Did you ever think about the cost of food, clothing, or toys when you were a child, or did you take money for granted? Did money feel tight or scarce while you were growing up? Did you feel guilty spending too much? Did your parents tend to buy top quality items or hunt for bargains? Who earned the money in your family? Who made most of the decisions about spending money in your family?

Did your parents argue or worry about money while you were growing up? Were you given an allowance as a child? How much was it?

How To Talk About Money In A Long Distance Relationship: 24 Questions To Ask

Did you work to earn extra money while you were growing up? What did you spend your own money on when you were a teenager? How do people treat and talk about money in your family now? Does your family loan or give others money easily? Are your parents or siblings reckless, generous, careful, or downright stingy with their money?

Next, you might want to ask them about how they generally approach money on a date. Should the man pay for everything? Should couples split the bill?

Long-Distance Relationships: How To Save Money As A Couple Living Apart | Men's Health Singapore

Should they trade dates? So here are some money-related topics you might want to talk about if you are committed to each other despite the distance. You might find it to be productive to email these questions and agree to send your own answers, or to dedicate a webcam chat or a couple to talking about these topics.

Be straightforward with your partner, and ask them to be open with you, as well. You simply want to get to know them better and figure out where your attitudes and approaches to money are similar, and where they are different. What is your approach to travel? Are you looking for maximum comfort, or the cheapest flight around? Are you willing to take multiple flights to save money or do you always fly direct? What about hotels—what sort of accommodation do you generally book?

Who pays for dates? Who pays for dates, and under what conditions? Who will pay for what on your visits to each other? Do you think that the host should pay for everything? Are there any cultural components to this? Do you have any debt? Are you paying off student loans or credit cards?

Make Your Long Distance Relationship Easy & Fun | Modern Love Long Distance

Do you have a mortgage or outstanding car payments? What is your approach to debt? Hiding from loan sharks? What is your attitude toward saving and spending? If not, is it something you are thinking about for the future?

Do you live paycheck to paycheck? What are your career goals? Do you hope to do something different one day?

long distance relationship and money

Would you like to volunteer or take a low-paying job in another field at some point? Does money factor into your career decisions, or do you want to do something you love no matter what? What happens if only one of you can afford to visit the other? Should the banker pay for the teacher to come to New York? What if the teacher is a man raised in an environment where men pay for everything and the banker is a woman?

What happens if neither one of you can afford to travel?

Long-Distance Relationships: How To Save Money As A Couple Living Apart

Do you keep the relationship going if you have to forgo all visits? When do you start looking for jobs in the same place? How long are you willing to go without seeing each other? But take heart, one of the biggest advantages to being in a long distance relationship is that it helps you develop excellent communication skills. This is just one more area you get to practice in! The other piece of good news is that it may actually be easier for you to have these conversations than for couples living in the same place because you can do it dispassionately over email.

Getting into the habit of talking about finances without awkwardness or embarrassment will do wonders for your relationship in the long run.

long distance relationship and money

What do you need to ask before your relationship becomes permanent? Covered important questions to go over with a long distance lover to avoid conflicts about money as you get to know each other and as the relationship becomes more serious.

Mentioned how important it is not to send money to someone you do not know well in order to avoid falling for online scams.

long distance relationship and money