Could a single life be a less expensive one?
As the economic downturn continues to bite, consumers are adopting an ever-increasing range of money saving measures. But new research shows a large number of men are choosing to stay single in a bid to ease the pressure on their finances.
In a survey carried out by Skipton Building Society, almost half of all single men said they are better off financially when they are not in a relationship, while 90 percent said they would avoid getting involved with someone at the present time for this reason.
And according to the responses given by those who are currently attached, their concerns may not he unfounded. Indeed, two-fifths of those questioned said their partner spends more money than they save.
Jason Clarke, head of PR at Skipton Building Society, said: "We're noting a real view amongst men that the single life is the cheaper life. In these results men certainly take the view that having a partner comes at a financial cost."
Online dating expert Francis K Githinji claims money is a major source of arguments in relationships. Writing for EzineArticles.com, he advises couples to develop a "comprehensive formula" on how financial matters should be managed.
