Long distance relationship and finances

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

long distance relationship and finances

How To Make A Long-Distance Relationship Work Financially. By The Financial Diet. October 29, Money and love is a tricky combination. From the early. 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. You can't put a price on love, right? In a sense. But those engaged in a long- distance relationship will tell you that there certainly is a cost.

Because money or more often, a lack of money can become a major source of resentment and conflict in a relationship. Openness and honesty on this topic can short-circuit a great deal of frustration and conflict. Some of these questions require trust built up over time, so they are divided into three categories.

long distance relationship and finances

This might sound obvious, but it needs to be said. It happens more than you might think, especially in online and long distance dating scenarios. So, why should you be concerned? Both of these things should independently make you question whether or not you really want to be in a relationship with this person. However, the situation may be even more complicated than it appears. During the course of developing an intense online relationship, he or she is posted to Africa.

How To Make A Long-Distance Relationship Work Financially

They subsequently experience a life-threatening crisis that requires a sudden infusion of money. This is essentially the same as sending cash.

So here are some general tips on talking about money that might help ease any tension: Oh, and be prepared to share your own answers. You could, however, ask them about how their family handled money when they were growing up, and how they approach money on a date. 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?

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? 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?

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.

long distance relationship and finances

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?

long distance relationship and finances

Who pays for dates? Who pays for dates, and under what conditions? Who will pay for what on your visits to each other?

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

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? 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? The biggest cost of most long-distance relationships is the travelling expense, namely the cost of air tickets.

AIB : Close Distance Relationships

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.

long distance relationship and finances

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. To reduce both the financial and the emotional pressure of being in a long-distance relationship, couples should always have a clear end in sight. Preferably, they should have a plan on when and where they will aim to reunite.