Millennial singles are going into debt due to expensive dating habits — and some have had their cards turned down on a first date. Here are 3 simple “cheap date” ideas

Millennial singles are going into debt due to expensive dating habits — and some have had their cards turned down on a first date. Here are 3 simple “cheap date” ideas

If you grew up taking the lyrics of TLC’s “No Scrubs” to heart, then this is the article you should be reading this year. Because honestly, it seems single millennials have no choice but to date someone who lives at home with their mom.

In fact, it seems dating habits are driving millennials even further into debt, especially with inflation driving prices up. That’s according to a study published by LendingTree this year.

The study looked at all aspects of Americans’ lives, including dating. And the survey says? Single millennials spend too much there.

About 77% of 1,578 American consumers surveyed about their dating habits said they would find dating easier with more money. Nearly one in five said high inflation caused them to have fewer dates.

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Why we choose millennials

While the LendingTree survey looked at all ages in the study, it appears millennials, a generation that already struggles to keep up, were the most likely to enter debt for a date. The lyrics “You wanna come with me with no money? Oh no”, come to mind.

In fact, almost a trimester of millennials in the study said they had incurred dating debt. And the biggest culprit? Credit cards, with 7% of millennials reporting they currently have credit card debt.

In fact, 10% said their credit card was declined on a first date! Ouch.

Need help? Here are some “cheap date” ideas

When it comes to dating, there are definitely tips and “cheap date” ideas that millennials can use to focus on paying off debt.

Read more: ‘Stay out of ‘Financial La La Land’: Suze Orman says most Americans need to do it now to survive their next crisis

But before you even start swiping to plan your weekend get-together, sit down now and set a budget. Next, figure out how much you can afford to spend on dating and other recreational activities each month.

Oh then stick to it!

Find a local market

Whether it’s a farmer’s market, street market, bazaar or pop-up shop, these are great places for a first date. You’re likely to find cheap food, while browsing the local produce or watching the buskers and you don’t have to spend a dime.

And rather than shelling out over $100 on a dinner date, you can let your date crave a second simply by buying them a little gem to take home. We’d say it’s better than leaving them hungover from expensive wine.

Be a local tourist

Have you ever tried to be a tourist in your own city? Most cities have a calendar of events to check out on their municipal website, so check it out to find something that fits your budget. Major cities will definitely have events going on, and many of them will be free. But this trick is not reserved for large cities.

Do some research and you’re sure to find something new that you’ve never experienced before, even as a local. It could be a nature trail you haven’t yet seen, or a new museum or art gallery you haven’t seen yet.

Museums are definitely an affordable option, and if you do it right, you can even get a free museum day ticket in the fall to one of the hundreds of museums or galleries. Or look for discounted admission the rest of the year.

‘Discover’ a local musician

This is where millennials may need to keep their cool and not attempt to shell out the cash.

But rather than going to a dinner party, try going to see a local musician at the end of the night. Skip dinner and go straight to the meeting for a drink – you’re already saving a lot. And if you choose a place with live music, you also save on cover charges in many cases. Sit back, relax and enjoy the music as the sparks fly.

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This article provides information only and should not be construed as advice. It is provided without warranty of any kind.