Love vs. Money: Examining Earning Discrepancies in New York

It is said that "Love can conquer all", but when it comes to matters of the wallet, things get a bit more complicated. A recent study looked at the financial and emotional dynamics of over 2,000 Americans, including people from New York.

16% of the respondents who live in New York reported that they earn within $10,000 of their partners. Apparently, financial compatibility is a reality for some couples in the Empire State.

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However, nearly 30% of New Yorkers said they earn a lot  more than their partner, while over half (55%) find themselves earning less than their significant other. Income gaps appear to be a theme in New York State.

58% of Americans say they would rather have a wealthier partner, they say that they’re more attracted to someone who brings home a higher income. THAT'S A SHOCK! Finding someone financially stable is a sought after trait. Rich doesn't mean financially stable but someone who is smart with their money can be.

This surprises me, 1 in 12 men admit to feeling uncomfortable if their partner makes more than them. I thought that number would be higher, because most men base their self-worth on being able to be the provider. Maybe they didn't exactly tell the truth when they took the survey.

Communication can be an important part to a good relationship, the study showed that 1 in 3 couples have relationship tension because of financial matters. Money talk can test the bond between partners.

Despite the importance of open conversations, 83% of Americans say that they don't really mind discussing earnings with their significant others. Transparency around finances is key to a strong partnership...especially if they don't have to show them their paycheck.