June 29, 2018
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"Shark Tank" investor Kevin O'Leary says the amount you should spend on a first day is less than you think.
With drinks, dinner, movie tickets, cab fare, a haircut and new clothes, dating can cost a fortune. The average single American spent $1,596 on dating in 2016, according to a survey by Match. Men spent $1,855 on average, and women spent $1,423.
And in the era of endless dating apps, young people are spending more time on dating than ever before — one survey found millennials spend 10 hours a week swiping through suitors.
For young people searching for their soul mate, Kevin O'Leary, personal finance author and investor on ABC's "Shark Tank," has a word of advice: Think of dating like an investment, and make sure it's one that will pay off.
"You're going to spend money and you're going to spend time [on dates], so look at that significant other in the context of, 'Do I want to spend time with them?' And, 'Do I want to invest money in them?'" O'Leary tells CNBC Make It.
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Kevin O'Leary Shares His Rule About Paying For Dates | CNBC Make It.
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