Planning to Retire

Finding Love Online in a Recession

By Emily Brandon

Posted: February 13, 2009

The stock market slump may be contributing to a surge in online dating. “On days when the Dow went down by 100 points we found an increase in our site usage relative to when the Dow increased by 100 points,” says Gian Gonzaga, a senior research scientist for dating website eHarmony. That site also saw a 20 percent spike in users between September 2008 and January 2009 compared to the same time period a year prior. “People may not always immediately make the connection between an external stressor, such as the state of the economy, and their close relationships, but our survey shows that people who are stressed about the economy may be drawn to long-term relationships even if they are not aware of it,” Gonzaga says.

Long-term relationships where couples share living expenses often save both parties money, but Gonzaga says that is not what is fueling this trend. “Companionship, not financial stability, is what appeals to them most about being in a long-term relationship,” he says. “Close relationships help people cope with stress, so we gravitate toward finding and maintaining them when times are tough.”

Another popular dating website, Match.com, has also seen business boom as most other sectors of the economy slump. Membership grew 17 percent in December. Interestingly, Match.com’s fastest growing demographic is Americans age 50 and older, who currently make up 20 percent of all members. “People say they are using online dating because the economy is so bad,” says Whitney Casey, a relationship insider (yes, that is really her job title) for Match.com and author of The Man Plan: Drive Men Wild... Not Away. “You can e-mail rather than having to go spend money on a drink.”

[See Boomers Meet Their Match Online]

Tell us, will you be searching for love online this year?

Recession, dating, jobs . .

It's kind of funny the types of things- like dating- that increase when funds decrease. I read that during the great depression, drinking and outings were up. I guess people wanted diversion even if they couldn't afford it.

Having said that, here is a comment to the jobless, since we're also talking about being more creative during this economic slump, Why not think outside the box of looking to work for another in the first place?

I'm rather amazed that there are plenty of skill sets that are for whatever reason not "conventional" enough to be taught in schools, but the mastery of which would lead to more autonomy.

Most of us are trained to be employees- nothing wrong with that, but I'm convinced that thinking that way is a kind of tunnel vision that keeps many from learning skills that wold allow them to carve out there own path to income.

One of them is as close as the computer in front of you. For the first time in history, we are 3 feet in front of the world, yet few learn how to use it in a way to render 1) value to others and 2)income for themselves.

leavethejobbehind.com

Tim of MO @ Apr 06, 2009 21:34:59 PM

Hidden Pitfalls for Business Professionals

The internet be it online dating or social networking introduces hidden pitfalls for business professionals. My friend Joe is a lawyer in Seattle. He avoids online dating completely, because if a “babe-seeking bio” were found he would be ridiculed by his colleagues. My friend Chris is a teacher and is therefore very careful and cognizant of what he publishes online. It is just something to consider. Have you heard of private online dating through Sparkbliss?

joelmblatt of WA @ Feb 16, 2009 12:28:50 PM

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Planning to Retire

Planning to Retire

Reporter Emily Brandon tells you how to get ready financially for retirement and to make your golden years the best they can be.

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