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Money habit 69% find appealing

Image: Getty
Image: Getty (LWA-Dann Tardif via Getty Images)

If you’re a reluctant member of the lonely hearts club, you might want to consider whether your financial habits are turning off prospective partners.

Most (69 per cent) of Australians prefer partners who are savvy bargain hunters, with men (72 per cent) finding this habit especially appealing, new research from PayPal’s deal-finding tool Honey has found.

Additionally, 47 per cent of Australians say they would want to know whether someone was a bargain hunter or careful shopper when they start dating. Again, this is valued more highly among men (51 per cent) than women (44 per cent).

Australians also want their partners to share their financial values, with 86 per cent of respondents considering this important. This was a bigger consideration for women (90 per cent) than men.

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“Being on the same page financially, particularly when it comes to bargain hunting, has emerged as an important attribute Aussies look for when they’re dating, with nearly than half of all Aussies wanting to know if their prospective partner is a savvy shopper,” consumer shopping expert at PayPal Australia Jess Rix said.

Most Australians will spend up to an hour looking for bargains online every week, while 23 per cent will spend up to five hours scouring the net for a deal.

Childless households spend the least time looking for bargains online while those aged 35-49 will spend the most at 85 minutes a week. That’s 30 per cent more time spent bargain hunting than the national average.

PayPal said this uptick in budget-conscious shopping is due to the pandemic.

Since the start of the pandemic, 71 per cent say they choose to shop with retailers holding discounts, while 61 per cent have said they’ve increased their support of local businesses.

Additionally, 66 per cent say they’re making fewer impulse buys. This approach is more common among women, 66 per cent of whom said they care about finding a bargain, compared to 59 per cent of men.