Cash-strapped Gen Z adults give dating the cold shoulder

A new survey from Bank of America has found that Gen Z adults, in their teens and 20s, are becoming more frugal about what they spend on dates due to the higher cost of living. More than 50% of respondents spent no money at all on dating, according to a poll of more than 900 people between the ages of 18 to 28. Meanwhile, among those who do still spend, 25% of men and 30% of women splash out less than $100 a month. “Gen Z is finding adulting to come with a higher price tag, and they’re feeling the cost of living overall,” said Holly O’Neill, president of consumer, retail and preferred banking at BofA. “They’re dining out less, they’re shopping at more affordable grocery stores, and they’re using and setting budgets.”