Brits who choose to remain in bachelorhood or avoid the commitment of a relationship for a prolonged period of time, will save £££’s as a result.
Recent research shows that single people stand to make substantial savings in many different aspects of their lives by remaining single, despite the benefit of joint incomes as found in most modern relationships. Accordingly, the average singleton is likely to save more than £250 each and every month on the cost of living, with the most notable savings coming by reductions in food, utility and amenity bills.
It has also been discovered that singletons will save an additional £250 each month, through not eating out frequently, showering there loved ones with romantic gifts and avoidance of other couple orientated trips such as weekends away and the cinema.
Commenting on the study, one expert suggested that although single people stand to save a lot on a month-by-month basis, having the additional cash, for some, is no substitute for being part of a loving relationship. On the other hand, there are also quite a lot of people who enjoy the single life, and the additional savings are likely to be a welcomed by-product of their decision.
Its not all bad news for couples though, as the study also found that being part of financially symbiotic relationship is huge advantage should one partner come unstuck with the repayment of a loan, or management of some other financial commitment. Being in a strong and trusted relationship often alleviates the stresses that arise from common financial mishaps.
