The Single Person’s Fiscal Lament

1221493410Couples are having a hard time dealing with the financial crisis. One member of the family wants to buy stocks while they’re practically worthless in the hopes of striking it rich on the next upswing, while their significant other feels the urge to load up on canned goods.

As a single person, it’s hard for me to work up much sympathy for these feuding couples.

As outlined here, society hasn’t caught up with the large number of unmarried people. The tax system still favors couples. Married people earn more, have a better chance at getting a house (once the credit markets start working again), and can divide expenses.

Then there are the psychological benefits of knowing someone is in this mess with you. When couples pay their bills, they can commiserate about the ever-increasing cost of living. The only company us single-folk have is from our good friend, Sam Adams. We’re in it together Sam!

  • Rhea

    I know what you’re talking about. Not to mention that single people have saved only half of what they could have saved for retirement because they’re so busy purchasing food packaged for two, paying single supplements on vacations, not sharing car expenses, utilities, rent or mortgage. I could go on…

  • aging cynic

    Cry me a river. Next I’ll be hearing that it’s unfair that unemployed people make less than those with jobs. Those native Americans under 40 (who have only experienced a period of unfettered economic growth) are largely living in a dream world. Ask a recent immigrant what hard times are really like. Where they came from, I’ll wager there were no $90 concert tickets, Whole Foods or Starbucks. Perhaps the current part of the economic cycle will remind some folks of economic choices and the repercussions thereof.