ALTHOUGH it might be a less conventional route to finding happiness, more and more people are taking partners decades older or younger than themselves. Here's all you need to know about sugar daddies and sugar babies. What is a sugar daddy? A sugar daddy tends to be an older man who likes to treat his sugar baby to lavish gifts and treats.
They sometimes say they are too busy with their career to take on usual dating, which is why having a sugar baby works better for them. Typically, sugar daddies are successful and have quite an impressive bank account — but some don't and still like to spend whatever they have on their lover. According to Seeking Arrangement , the average sugar daddy is 45 years old and earns a very impressive salary of £176,000.
Meanwhile, a sugar baby tends to be a younger man or woman who wants to live a luxury lifestyle , but can't afford it on their own. Therefore, this arrangement benefits both parties. A sugar baby is said to earn an average of £2.
3k a month, resulting in an annual 'salary' of £27,600. There has been a rise in sugar babies, with many being university students , who turn to their 'daddy' to pay their fees . MOST READ IN FABULOUS However, it's not always just men who are sugar daddies, as a ' 'sugar mama'' is a rich older woman dating someone younger and paying them an allowance for their company.
How does the relationship work? Each relationship will be different, but most couples will make a financial agreement early on. Boundar.