Dallas-based True.com survey says singles choose love over money

by PegNews wire

DALLAS — With heightening worries of a widespread recession, a nationwide love and money survey by TRUE.com, the Dallas-based online relationship service, shows that singles choose love over money even in tough economic times. The results from 2,286 respondents tell an eye-opening story:

-- 95 percent of men and 87 percent of women agree that it does not matter if you make more money than the person you are dating;

-- 49 percent of men and 36 percent of women stated they would not curb their dating spending in a tight economy;

-- 87 percent of men and 80 percent of women responded they would stay in a relationship where their partner had substantial credit card debt or had filed for bankruptcy;

-- 67 percent of women and 66 percent of men claim they have never kept financial secrets from someone they are dating;

-- 64 percent of men and 63 percent of women don't tend to argue with their partner about money.

"In a tightening economy marked by mortgage crisis and higher gas prices, we are encouraged by the progress couples have made in communicating about money as indicated by our survey," said TRUE.com founder and CEO Herb Vest, who has also founded and run a multimillion dollar financial service company. "Despite the gains made, many daters still don't know how to talk about money. The topic of money can be very emotional and no matter what stage of your relationship, money serves as a crucial issue to discuss. Consistent, open and truthful communication remains the key to any successful relationship."

The nationwide survey, conducted from March 27 - April 2, 2008, consisted of responses from 2,286 TRUE.com members. There were 1185 single males and 1101 single females who participated in the online poll. The survey was created to gain insight into how people and relationships are affected by finances especially during times of economic uncertainty.

Source: True.com