SoFi Blog

Tips and news—
for your financial moves.

5 ways to tell if person you're dating is a good money match

5 Ways To Tell If the Person You’re Dating Is a Good “Money Match”

It’s not exactly the most fun thing to sit down and figure out whether the person you’re dating is on the same page as you financially—in fact, you could practically call it a buzzkill. But if you’re serious about one another, talking about credit scores, budgets, and debt is not something you should put off, because one money mistake can be all it takes to get you into serious and immediate financial trouble.

It’s hard enough to budget and track your own spending and saving habits, but when your dreams are shared and depend on the equal due diligence of another person, you have even less control over how quickly you get there. So you’ll want to find out sooner rather than later if you align on how you handle your money, before it potentially becomes an issue.

Here are five tips to help you determine whether you and your partner are a good “money match.”

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Dating with Debt: When “Netflix and Chill” meets paying the bills

It’s the beginning of a perfect modern romance: You met on an app, and after engaging in some above-average banter, you’ve been on two drink dates and out to dinner at least once. You’ve finally saved their number in your contacts under their real name (as opposed to “John/Jane Bumble”), and you’re feeling good about moving out of the “hanging out” stage toward something more serious.

And then, out of nowhere, your potential future mate drops a bomb —they’ve got debt, and lots of it. They’re carrying $100K+ in student loans. Do you walk away or stay? And if you do stay, who pays for dinner?

We’ve got debt on the brain year-round here at SoFi, but with Valentine’s Day just days away, we’ve got love on the brain too, so we surveyed 2,000 Millennials to learn more about how they think about debt in the context of their love life.

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