Dating has never been without its hurdles, and now some young people are opting out of the pursuit entirely, citing a particular reason.
While many strive to find romance, achieving it can often be elusive.
Yet, like previous generations, today’s youth are still on the quest for ‘the one’, engaging in dates after meeting someone they find appealing.
However, there seems to be a specific challenge that has made the dating scene more difficult than in the past.
Contrary to assumptions that technology or video games might be to blame, a recent study suggests otherwise.
This challenge has long been a consideration for those navigating the dating world, but it is increasingly problematic for Gen Z and Millennials.
The culprit: money.
A study by DatingNews.com and the Kinsey Institute reveals that young people are dating less frequently.
Specifically, 43 percent of young singles in the US are reducing their dates, 37 percent are generally dating less, and 33 percent cite the economy as a reason for their reluctance to pursue romantic relationships.
In essence, the costs associated with traditional dating activities are becoming prohibitive.
The research also highlights how financial burdens are influencing the commitment levels of different age groups.
It shows that financial hesitation decreases with age, with younger people more likely to delay commitment due to financial instability, debt, and housing expenses compared to their older counterparts.
Half of Gen Z expressed hesitation, compared to 37 percent of Millennials, 30 percent of Gen X, and 20 percent of Boomers.
Explaining these findings, the study notes: “Hesitancy drops off gradually with age. Boomers are far more likely to say they are unaffected by economic factors than their counterparts. That’s probably due to their higher financial stability or lack of desire to seek committed relationships altogether.”
Dr. Justin Lehmiller, a Senior Research Fellow at the Kinsey Institute and a lead author of the study, discussed the impact on today’s youth.
He stated: “Inflation and the current economic climate are having a particularly pronounced effect on how Gen Z is approaching relationships.
“It appears that some young adults are putting their love lives on hold while they get on more solid financial footing, whereas others appear to see marriage and cohabitation as a pathway to greater financial security.”