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'It's not you, it's the economy.'

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'It's not you, it's the economy.'

No, this is not an employer announcing more job cuts, it is proof that the credit crunch has filtered all the way down from sub prime mortgages in the US to the relationships of British couples. 

According to a survey of 1,000 people carried out by Harris Interactive, one in six couples say breaking up in 2009 is “likely” with financial woes cited as one of the main reasons.
 
11% of people questioned said that money worries sparked the majority of arguments, whilst 35% of couples said they were eating out less.
 
Married couples are having just as much trouble protecting their relationship from the economic crisis, according to various solicitors. January is a busy time for divorce lawyers, and this year they are expected to be flooded with phone calls.
 
Head of Private Client and Family Law at law firm Irwin Mitchell’s Birmingham office, Kevin Harris-James, stated: “If you look at the reasons for divorce you get your traditional reasons such as adultery and falling out, but more and more financial issues are appearing in applications.”
 
However, die-hard romantics need not despair, apparently online dating and speed dating have experienced a huge growth in popularity since the fall of Lehman Brothers in Septembers – how that was measured as a significant factor remains uncertain. 
 
Sean Wood, the marketing manager of Easy Date, a dating group that owns online dating brands, said: “People are simply looking to save money by dating and socialising in a cheaper way, i.e., by using online dating. We have seen a higher-than-normal growth rate since early September and with the collapse of Lehman Brothers. We had been seeing organic month-on-month growth of ten per cent but in September that went up to 20.”
 
It seems that financial advice in this credit crunched climate would be to invest in online dating rather than in banks.




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