Long Distance Relationships and Their Effect on Your Finances

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Long Distance Relationships and Their Effect on Your Finances

Long Distance Relationships and Their Effect on Your Finances
Long distance relationships are fun at the beginning - the constant flights, visits, and general good times ... but what do they have to do with personal finance? As it turns out, quite a bit.
New relationships, at the best of time, can require quite an initial investment - dinners, drinks, gifts ... the list goes on. Once you factor distance into the equation, I think you can see how money can become an issue pretty quick. Imagine paying for flights, expense money when you get there, lost wages (if you're self-employed), dinners out ... pretty soon the expenses will mount and you'll find your savings depleting pretty quick.
And don't forget about the stress of leaving this person every time after visiting for only a week or two. While you're back at home, they're out doing God knows what and then you'll have to call them everyday to keep tabs. Plus, once your savings start to go, the stress of having no money will add to the complications. Quite often stress and money go hand-in-hand - when people aren't thinking straight, they do weird things with their money.
So, why would someone get involved in a long distance relationship? Well, if the person is really special it'll be just too just hard to resist visiting them as much as possible. Let's face it, here in Vancouver, the pickings can be a little slim and after all, sometimes we have to look elsewhere - aren't imports always better, anyways? Sometimes fate can intervene, and then you'll have little choice but to visit this person because they are 'the one'. You could be on a trip and then all of a sudden someone 'perfect' can cross your path. How can you say 'no' to love? How can you put a price on love?
Well, the sad fact is, love does come with a price - a hefty one. The price comes in the form of lost opportunities, stress, money spent - these things can take your focus away from your life and can lead to bitter feelings. There is also a price paid by the other person as they have to be alone for long stretches of time, which really isn't fair to them.
Feelings of resentment and issues with money can destroy the best of relationships when couples live together. Distance just magnifies these feelings ten-fold.
Of course this isn't me, it's a 'friend' of mine ... so what would I council this friend?
Take the good with the bad. Enjoy the good times you had and move on. Replenish your savings and learn from the past few years.
And next time you meet someone really nice on a trip, have fun and say goodbye then and there. There are good people where you live - you just have to be more open to the possibilities.
"Won't regret, can't forget, what I did for love" - A Chorus Line
My name is Thomas Strumpski and I am an accountant and aspiring singer! I'm also an independent rep. with USANA selling nutritional products part-time. Please feel free to check out my blog on personal finance and development!

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Long Distance Relationships and Their Effect on Your Finances

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Long Distance Relationships and Their Effect on Your Finances