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Old 06-16-2015, 12:50 PM
 
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It seems like there are more pros than cons when you are single vs being married as far as financial beings. Many of my co workers who are married keep telling how lucky I am being single because when married there are more expenses because you have to consider the person with you. One thing it is helpful when you own a home and there are repairs to the house that a single person should have cash on hand and be able to afford the repairs whereas married you are on a tight budget. But having 2 incomes doesn't necessarily solve the issue sometimes because when married and two incomes there are 2 people meaning more bills right????
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Old 06-16-2015, 12:57 PM
 
Location: Middle of the ocean
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My husband and I have found being married financially advantageous to both of us.

What he lacked, I had, and vice versa.
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Old 06-16-2015, 01:00 PM
 
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Originally Posted by Eagle Scout marks View Post
It seems like there are more pros than cons when you are single vs being married as far as financial beings. Many of my co workers who are married keep telling how lucky I am being single because when married there are more expenses because you have to consider the person with you. One thing it is helpful when you own a home and there are repairs to the house that a single person should have cash on hand and be able to afford the repairs whereas married you are on a tight budget. But having 2 incomes doesn't necessarily solve the issue sometimes because when married and two incomes there are 2 people meaning more bills right????
If both of you make equal amount or more money, you would be better off.

If your spouse makes nothing, you would be worse off.

It also comes down to spending habit. If your spouse spends more, you would be worse off.
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Old 06-16-2015, 01:00 PM
 
Location: NY
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All else being equal (same home, same lifestyle, etc), and both parties are employed, it is more financially beneficial to be married than single.
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Old 06-16-2015, 01:00 PM
 
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As I said there could be advantages but always remember being married means more bills. You obviously are not going to be eating the same piece of chicken off of one plate and not share the same toilet paper. You need to to stock up on that
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Old 06-16-2015, 01:03 PM
 
Location: NY
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Originally Posted by Eagle Scout marks View Post
As I said there could be advantages but always remember being married means more bills. You obviously are not going to be eating the same piece of chicken off of one plate and not share the same toilet paper. You need to to stock up on that
I have been single, and I have been married. The majority of your household bills do not double by adding a person, and some remain about the same or exactly the same.
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Old 06-16-2015, 01:03 PM
 
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Originally Posted by Checkered24 View Post
All else being equal (same home, same lifestyle, etc), and both parties are employed, it is more financially beneficial to be married than single.
You pay more taxes for being married.
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Old 06-16-2015, 01:03 PM
 
Location: Middle of the ocean
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Originally Posted by Eagle Scout marks View Post
As I said there could be advantages but always remember being married means more bills. You obviously are not going to be eating the same piece of chicken off of one plate and not share the same toilet paper. You need to to stock up on that
True. Toilet paper consumption is a big issue when looking at marriage. I would definitely address that in the pre-nup.
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Old 06-16-2015, 01:04 PM
 
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Originally Posted by Checkered24 View Post
All else being equal (same home, same lifestyle, etc), and both parties are employed, it is more financially beneficial to be married than single.
Key word is both employed. But you must pray that nothing happens to one spouses job because many people buy houses today that require 2 incomes to cover the mortgage and other expenses and the bank doesn't care if one looses their job they still want the monthly payment and this isn't the 1990s the job market isn't secure anymore
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Old 06-16-2015, 01:04 PM
 
8,870 posts, read 5,152,159 times
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Originally Posted by Eagle Scout marks View Post
As I said there could be advantages but always remember being married means more bills. You obviously are not going to be eating the same piece of chicken off of one plate and not share the same toilet paper. You need to to stock up on that
But which is more expensive, a second package of toilet paper or a second house?

Personally, I have found I have much more money being divorced. My ex-husband out-earns me, but he also out-spends me, and there is no end to his wish list.
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