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Single Finances
| Sun, 11-13-2005 - 11:09am |
Do you feel like you're better off financially being single or worse off than if you were married?
| Sun, 11-13-2005 - 11:09am |
Do you feel like you're better off financially being single or worse off than if you were married?
Okay...you knew I was gonna ask this.
What's a DINKY?
Dual Income No Kids.
I think I would be better off attached. There is always at least one income (hopefully) to depend on if something happens with the other's job. An ability to acquire some savings. This ungodly amount of school debt I'm undertaking wouldn't seem as scary.
Getting married for financial security isn't and shouldn't be the only reason to get married though and I'm pretty sure I would be ok financially if I didn't get married.
Rubyshoes
W/o a doubt, I agree with you. It's been over 40 years since the start of the civil rights movement and women still only earn 75% on average of what men make. You think heteroDINKS have it good, look at the homeDINKS! I would definitely be better off economically, if I were still married to my exDH, but no way in the world would it have been worth it to stay in the relationship for that. The emotional toll was a price too high for me to pay.
That being said, I still believe that the only reason for women to marry is for the socio-economic benefits. If there is a next time for me, tho', I 'll make sure we're more compatible on other levels.
I'd love another income to pay half the mortgage, that's for sure.
On the other hand, being the only one who decides where all the money goes is nice.
I would say if both partners in a marriage worked then the married couple would be much better off than any single person they came in contact with in the same job description.
I would definately be better off with a second income. Half the rent, would mean more money freed up to pay down debt, save for a down payment on a house, save for retirement, save for anything in general for both of us I would hope. My housing costs wouldn't go up much if at all (if we didn't move it would drop considerably), utilities shouldn't go up by much. Food bill would get a little bigger, clothing bill would be a bit bigger as well, I would imagine. But that's only if both parties are on the same page, just because someone doesn't have any debt doesn't meant they don't spend every spare penny laying around on junk.