Financial Do's & Don'ts of Modern Dating



Who should pick up the tab? Should we co-sign the lease? Navigating the modern dating world is tough. The last thing you want to do is waste time and energy figuring out the financial etiquette of dating.


But what about when the relationship moves to the next level? Financial etiquette of cohabitating? No worries, we got you covered so you can focus on enjoying the relationship.


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Dating Dos


  • Do let him pick up the tab if he invited you out. When the bill comes and he offers to pay, simply thank him.

  • Do be prepared to pay in full if you invited him out. It’s only fair and goes hand-in-hand with the previously mentioned Do!

  • Do offer to pay your share if it’s not clear who initiated the date. Then again, if you don’t plan on seeing him again, it’s the gracious thing to do.

  • Do step it up if he’s picking up the full tab each time. For instance, offer to pay for the snacks when he pays for the movie.

  • Do pick up the full tab now and then if things are getting serious. It’s good manners to show you’re not expecting him to finance your fun and that you can make your own way!


Cohabitating Dos


  • Do assess who tends to be the spender and who tends to be the saver. Have open and honest discussions about each person’s particular strengths and weaknesses.

  • Do assess your tax situation. In many areas, if you live together for a year, you can file taxes together as a common-law couple and take advantage of certain tax credits.

  • Do cautiously co-sign. Joint debt incurred together such as a mortgage, is not actually a 50/50 responsibility regardless of how the payments are split. If he ghosts without a trace, you are responsible for the debt.

  • Do sign a cohabitation agreement. Not the most romantic thing, I know. But when emotions run high, you might be surprised what seems fair and reasonable is not the road taken.


Dating Don’ts


  • Don’t assume that he should pay if he earns more or because he is the man. Girl, you can afford to take care of yourself and that’s a highly attractive quality!

  • Don’t drag the date on if you’re ready to go home or don’t plan on continuing the relationship. Ending the date if necessary saves both parties time and energy, which is essentially money!

  • Don’t divulge your debt baggage on the first date. It’s easy to get carried away when nervous or when drinks are involved. Credit-card woes, student loan debt, or mortgage headaches need to come up at some point, but not the first date.


Cohabitating Don’ts


  • Don’t neglect an emergency fund. Single, dating, or married...an emergency fund is a must-have. Even if you both decide to have join accounts, that is not a backup plan. Here’s are 5 ways to build an emergency fund.

  • Don’t rely on verbal agreements. Put cohabitation agreements in writing. Should things go south, don’t assume that you’ll remember what was yours and what was his. To start, list the assets and debts that each partner brings into the relationship.

  • Don’t forget to update cohabitation agreements periodically as assets and debt increase or decrease. As both partners’ assets and debts change over time, initial agreements can be quickly outdated.


Keep striving for #FinancialFreedom


Regardless of where you are on your dating and relationship journey, a man is not a plan. It’s alright to not be financially on track all day every day. So long as you keep on taking small but consistent baby steps towards financial freedom.


Currently, women earn less for every dollar earned by a man. In addition, our dollars have to stretch further to achieve the same lifestyle. We are in the workforce for a shorter period of time.


Between maternity leave, part-time work, and parenting, we generally dip in and out of the workforce. Thus, we have smaller retirement savings and fewer earning years.



Yet our retirement savings need to last longer.


Women tend to outlive men by about three years. As a result, many women tend to spend more of their lives single.


We are marrying later in life. And be it getting divorced, being a widow, or choosing to remain single (and fab!), we should be prepared to live self-sufficiently.


Got a great career and making the big bucks? Great! Finances not in order? Not ok.


Financial Independence Retire Early (FIRE)


If you are trying to achieve FIRE, knowing your net worth matters. According to financial advisory firm Personal Capital, the median US household net worth is not sufficient for most investors to realize a comfortable retirement.


Boost your financial literacy.


How close am I to financial independence? I asked this question many many times throughout my life in corporate. In order to know if I was even remotely close to financial independence, I played around with different early retirement calculators.


Of all the different calculators out there, Personal Capital offers one of the most in-depth retirement planning calculators. And it’s free to use!


Know exactly where you stand relative to your retirement goals.


See how close you are to financial freedom here!



Having multiple income streams and a diversified portfolio is important to reach financial freedom. But keeping track can be a major pain.


I can barely remember my passwords to my social media accounts let alone all the other online accounts I have. You too? No worries, girlfriend. I got you covered.


I can securely link all my financial accounts to get a complete picture of my net worth with Personal Capital. Over time, I saw how my net worth was trending positively. It even helped me take steps to make adjustments in my spending and savings habits.


Over 1 million people use the Personal Capital app to track and manage their net worth. Ready to face the numbers?


Start tracking your net worth today!


Financial independence retire early (FIRE) like a boss!


Get FIRE’d up about financial freedom!


There are a endless ways to create side hustle income and reach FIRE. Investing in stocks, owning rental property, creating your own online biz, and so forth.


But it doesn’t mean you need to do it all. Just pick 1 or 2 that gets you excited.


Everyone's financial situation and personal interests is unique. It’s important to try out different side hustles to see what works best for you.


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