Thank goodness we have fast Internet now.
Ah, long distance relationships (also known as LDRs). We’ve all either been in one or heard of couples in one. It’s such a common occurrence nowadays, especially with the Internet helping bridge the literal divide.
Many long distance relationships don’t make it very far because couples spend very little time talking about the sensitive and serious issues. Take money, for instance.
Most couples who aren’t in long distance relationships avoid talking about money. Those who are in long distance relationships would be even less likely to bring up the unsexy topic of finances.
But open communication is the key to every good relationship. If money has become a problem in your long distance relationship, it is time to talk about it.
Long distance relationships: 5 tips on stretching your dollar
1. Create a schedule and try to stick to it
The biggest cost in most long distance relationships is the travelling expense, which could be bus or air tickets. Most couples in long distance relationships that require air travel see each other once every 3-4 months. That’s about 4 times a year.
This makes it easy to create a schedule to see each other (rather than having to fork out money on impromptu trips). Try to plan your visits around public holidays (to also save on leave days!) but buy your tickets early to avoid price hikes.
2. Don’t overspend when you see each other
When you only see your loved ones a handful of times in a year, you will be tempted to overspend when you’re together to celebrate your special moments.
While gifts, expensive meals out and special activities might be a great way to make memories, be sure you have the budget for it. If you can’t afford to bring your date out to a fancy restaurant every night, enjoying a home-cooked meal at home together can also be incredibly romantic.
3. Ensure there is a compromise
In long distance relationships, it is almost inevitable that one person will end up travelling more than the other. This could potentially build up a sense of unfairness.
If one party is always travelling to see the other, then the other party might want to consider paying for all the meals whenever their partner is in town. There should always be a compromise and this should be discussed early on in the relationship.
4. Have a clear end in sight
If you’re planning to only do the long distance relationship for a year or two, then knowing there is an end to it helps with spending.
But if there is no end in sight, you will be tempted to always visit your partner or extend your trips unnecessarily to spend more time with your other half.
With a plan to reunite, couples are more likely to appreciate the effort and money being spent to develop the relationship for their future.
5. Get an airline loyalty card
If you know you’re going to be flying over very often to a foreign country, then choose your favourite airline and start accumulating miles.
This could translate into a free flight every year. Another thing that could help is to get a miles credit card to build up miles even faster.
Featured photo: Pixabay
How would you navigate your finances in a long distance relationship? Let us know in the comments.
Read more articles on savings here.