Knowing the Cost of Dating - No Romance Without Finance

The Basics: 

black couple datingWhen developing your monthly budget sometimes there is a tendency to overlook things that are not bills.  The money that you spend on daily activities (ex: your morning trip to Starbucks) or other personal activities can make up a large portion of your monthly expenses. One of these potentially large expenses for a man is the money you spend on dating.  If you want to keep your finances on track it is important to know how much certain dates cost and how often you want to take your lady out.  With these two pieces of information, you can develop your monthly budget for dating.  Below are the costs for some typical dates followed by a summary of the monthly total cost.  Adjust your budget based on your lifestyle and dating preferences.

Dinner for Two - $100

Iblack couple at dinnerf you are looking to take your special someone to a decent restaurant (no paper napkins), expect to drop at least $100.  Two plates of pasta or chicken will run about $40.  Although you can get a good bottle of wine at a reasonable price, still expect to spend a minimum $20.  Add in dessert for $10, an after dinner drink for another $15 and the obligatory 20% tip (don't want to look cheap) and you've dropped your c-note.  If you're going to dinner in a big city, don't forget to bring an extra $20 for parking.

 

Two Tickets to the Ball Game - $150

black couple at NBA gameGoing to an NBA basketball game used to be a fairly inexpensive way to spend a few hours with a person gettin g live quality entertainment at a reasonable price.  Nowadays you need to take out a personal loan just to go see LeBron or Kobe.  NBA tickets for two (not in the nosebleed seats) will run you anywhere from $90 to $180.  If you want to go courtside be prepared to drop between $400 and $800 for you and your date.  Don't forget the $40 for a couple of beers and hotdog for each of you.  Toss in $20 for parking and you have yourself a budget of $150 minimum.  Ever wonder why you don't see your cousin, your neighbor or your boys at the game.  Now you know.

A Night Out at the Club - $80

black people at nightclubCost to go clubbing varies greatly depending on type of club and the club's current popularity.  On the average though you should plan on at least a $20 cover charge per person.  Two drinks each for you and your date will run about $40 (with tip) as long as you stay away from the Long Island Iced Teas.  If you think you want to be like the hiphop star and start "poppin' bottles" - beware.  A bottle of "cris" (Cristal) can run you anywhere from $500 to $2,000 in a swanky club.

 

Movie Night - $40

black couple dating at moviesThe "old standby" date of going to the movies continues to move from an inexpensive date to one that requires some financial planning.  Since neither of you are children, expect to pay the full price.  Two adult tickets will run you about $25.  The obligatory tub of popcorn and two sodas will run about $15.  All things considered, $40 for a good flick is a small price to pay for a good time out.

 

 

A Lunch Date at  McDonalds - $20

big mac and friesEverybody knows this is the joke of the dating world, but don't sleep on the cost of eating at McDonalds.  The cost of two Big Mac Meals is around $12.  If you "splurge" by "super-sizing" her and adding in a couple of apple pies you are between $16 and $20 (depending on the meal you ordered.  If you go to McDonalds once a week for a year you would spend $1,000 on this cheap date.

 

 

These dates are representative of some of the things you might enjoy with your lady on a periodic basis.  If you are the type of brother who wants to take your lady out at least once a week, you can figure that you would need to take some combination of the 4 options and calculate your cost for the month.  If you want to go out Friday AND Saturday night - double it.

The Cost of Dating Once a Week - "The Budget"
Date Monthly Yearly
Dinner for Two $100 $1,200
Two Tickets to the Ball Game $150 $1,800
A Night Out at the Club $80 $960
Movie Night $40 $480
A Lunch Date at McDonalds $20 $240
Totals: $390 $4,680

If you want to keep your woman, swap out McDonalds for lunch at a nice coffee shop (and add $200 a year)

If you want to stay out of the doghouse, budget at least 1/3 for birthdays, holidays and anniversary (and add $1,540 a year).

What you may not know: 

Tip icon 1If you really want to take your lady to a fast food joint on a first date (good luck getting the second date) take her to Taco Bell instead of McDonalds.  The fresco tacos are only $.99 and you can tell her that you took her for "health food" because you know she's watching her figure.

 

Tip Icon 3If you're looking for an excuse to take her to Jack-in-the-Box tell her that you heard that Jack is going be there.

 

 

Tip icon 2Before you start talking trash about "poppin' bottles" at the club you need to know how much they cost.  A bottle of "dom" (Dom Perignon) at a night club could run anywhere from $100 to $500 or more. A bottle of "cris" (Cristal) can go anywhere from $500 to $2000.

What you need to know: 

The cost of dating is not relegated to single men.  Any brother who is married that doesn't take his wife out sometimes is a brother headed for trading in a dating expense for an alimony payment.

NO date is cheap.  Taking your girl to McDonalds once a week for a year will cost you about $1,000 ($20/week * 52 weeks).  This doesn't even take into consideration the wear and tear on your bicycle.

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