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You don't know if the first date is going to yield any chemistry so no need for either party to spend a lot of money.

Wait until you know that you two have something worth investigating before you invest in the relationship.

There are so many ways to have a date with out spending a lot of money...and these usually are the most fun and revealing anyway.
in the first place a date usually consists of a guy and a girl and they should decide to together where they want to go and what they want to do, but i always let the date decide to do whatever she feels comfortable and relaxed doing, that way its mostly a fun date.

well me personally like prefer the high class restaurants because they are quiet and you can talk and hear what each other has to say.
i hate going into places where you have screaming kids or loud drunks or loud music.