Reply to Are we reaching a point where getting married/having children/owning home is just to damn expensive?

Forum Index » Money and Finances

Reply to "Are we reaching a point where getting married/having children/owning home is just to damn expensive?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]As I watch a single friend enter her retirement, married is definitely the way to go financially, at least in her case.[/quote]

Single friend with 3 houses instead of 3 kids, I'll be fine dear - my money isn't going towards college funds.[/quote]

Yes, another one of those "but I'm the exception" posts. Great for you. Statistically speaking, married couples are financially better off than singles. Joint incomes allows for many more possibilities and greater financial security. Singles are at a much higher risk of financial disasters because if they lose their job they are hit much more. Even only a short term redundancy lasting half a year can really wallop a single's long term finances because they lose that prospective income and have to dip into savings to survive and that savings isn't invested for the long run.

Marrieds with joint incomes relative to singles with the same income as each partner in the marriage are able to buy better housing in better areas, build up equity more easily and establish themselves more securely for the long run.

It's definitely easier to be married than single. 
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics