Love, Dating & Relationships​​

The shocking cost of being single

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julia.grey
julia.greyHost

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While nowadays, everyone buzzes about how expensive weddings can be, it turns out the price tag on one’s nuptials is a mere pittance compared to the cost of remaining single.

In The Atlantic Monthly‘s “The High Price of Being Single in America,” authors Lisa Arnold and Christina Campbell argue that, compared to a married woman of the same income, a single woman, over the course of her lifetime, could pay an extra $1,022,096 — just for being single.

Yes, you read that right.

What, other than a second income, would the single woman be missing out on? Tax breaks and extra Social Security benefits, plus savings in health and housing costs, for starters. https://www.huffingtonpost.com/learnvest/is-being-single-more-expensive_b_2958249.html
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julia.grey
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From council tax to gym membership and from rail travel to milk cartons: why are we penalized for not being in a couple???
6 mths
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What are some of the financial benefits of being in a relationship as opposed to being single?
6 mths
robin-thusi
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I live on my own and I have to pay the bond and all my bills by myself, I don't have anyone to split that with
6 mths
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I think it's cheaper being single. I can spend my money on whatever I want to spend my money on!
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It's easier to stay in when you're part of a couple. When you're single you don't always want to stay in and be on your own, which means you go out more, which means more money.
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There's absolutely a difference financially to being single. It's not that you pay half of the costs that you did when you were in a couple. It's quite a bit more than that - I would estimate it's 80-90% of the costs for a single person.
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Our gym memberships are more expensive, our wills are more expensive, On holiday, we pay extra to sleep alone, fly alone and eat alone
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Saving on rent !!!
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Going Dutch on everything is really the biggest financial benefit of being in a relationship
6 mths
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Going Dutch on everything is really the biggest financial benefit of being in a relationship
Being in a relationship also helps to be able to balance each other out. For example, my husband had a car at the time we met, I didn't. But I had an apartment. So ultimately, combined, we had the basics
6 mths
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If you’re moving in with your significant other, big items like rent and other recurring bills—such as internet and cable—can be shared, helping both of you save big each month. Even if you and your partner move into a new place together, the price can still be cheaper than an apartment you were living in alone.
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6 mths
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mentally, there is no peace to those girls, who are not married at the age of 30 in my society. People, family members, and relatives run behind us constantly. God give me a break 😡
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Dating may be expensive, but having a partner may actually save you money and make you more financially responsible along the way.
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Marriage has a number of potential financial advantages over the single life. Depending on your income situation, you may be able to save money on a joint tax return at the end of the year, and family plans for health and car insurance often offer a discount when compared to the same coverage for single people.
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