Who Picks Up the Tab on a Date and Why It MUST Matter to You

When you read that title, I bet you thought you were going to see me contributing to the gender war argument with some narrative that either confirmed your perspective or triggered you, huh?

Well, I am going to trigger some of you. But I would rather trigger you on a topic that is impactful to your future.?

On a date, someone is going to pick up the tab. That is for sure. On another date though, you will take your last breath and go on to glory and someone will be left paying that expense. I guarantee it will be more costly than a meal at that romantic restaurant, too.?

On that date, no one, I mean no one, will be arguing on your social media pages about whether the man or the woman should have been paying for dinner or drinks. On that date, your loved ones will be mourning your death and a few of those people will be left trying to figure out what to do.?

First, let’s start with your kids. If you pass away while they still depend on you, someone is going to have to step up, whether it be the other parent, their grandparents, your siblings, or even a trusted friend. If you think about it, inflation is taking its toll on most people as it is. The price of fuel, food, lodging, and even just air is sky-rocketing.?

You go to work everyday to care for your children. In America, it takes close to $27,000 a year to care for just one child (let alone multiple children) including their housing, food, clothing and educational expenses. Someone will have to pick up the slack if something happens to you.?

Now, if most people are already struggling, don’t you think it’s important to consider making sure that this cost is covered ahead of time? You want to make that transition as easy as possible for not only the children but for those whose economic situation will dramatically change as a result of your passing, don’t you? Of course you do.

Now, let’s look at your own burial. If you have never had to plan a funeral, when you attend one, through your tears of grief, you may never even think about the money it takes to execute one. Still for others, a lot of our loved ones are remembered on GoFundMe or CashApp posts, or on t-shirts as part of fundraisers.?

On one hand, you could say “whatever” and leave this for someone else to worry about. I once had a prospect tell me that her father, who took care of her economically her entire life, would be the one to, “just deal with it”. There was no concern about the fact that he was retired and living off of less, or all that he had sacrificed for her, or even his own personal expenses. She just decided that since she’ll be gone, the person she says she loves will, “just deal with it”.

Well, what about people who aren’t going to be so fortunate to have a parent who can “just deal with it” who'll still be alive or able to do so? What about people who don’t have the kind of support systems to donate to their funerals? What will happen to their bodies, their homes, their families, their stuff?

Here’s a better solution. Let’s put aside the debate of who will pay the tab for food and drinks on a date for a while. Let’s instead focus on who and how our families will pay the tab on the date that we pass away. More importantly than that, let's plan out how our children and spouses will survive.

The hour power rule says that you should take the first one hour of your weekly wage and put it aside for your family’s protection and future. Notice that I didn’t suggest you go into debt or to spend an amount that isn’t in your budget to protect your family. I said the first one hour of your weekly wage.?

Let’s face it. We WILL take our last breath and someone else WILL be paying the tab for that. Let’s make it easy on them, easy on our children and spouses, and leave people remembering that we even cared enough to make it easy on them at all.?

Send me a private message. Let's chat.

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