Money, money, money. I think most of us have a love/hate relationship with it. We love when we have it. We always want more of it. Yet we hate depending on it to make our worlds go round. I don’t think we try to depend on it for happiness. It just… happens sometimes. Being shackled by debt of any kind is frustrating. You can pretend it isn’t there for awhile, but eventually, it catches up to you.
I’ve been reading a lot of financial blogs lately, but I particularly love The Pursuit of Riches (no longer a blog). I just discovered it yesterday, and I’ve been hooked on reading her daily account of living in New York City while trying to pay off the massive debt she accumulated throughout her twenties. She’s an excellent storyteller. I feel like I’m reading a novel as she discusses the life changes she has made in attempts to spend less, save more, and live a sound, financial life. I definitely recommend checking it out (start from the beginning for a clear picture).
Anyways, her blog got me thinking about how sometimes, I wish I was still financially single. I love my boyfriend with everything, and there are serious financial benefits to being in a relationship, but there are some awesome financial perks to being single too. If you are still single, you’re probably rolling your eyes right now, thinking two incomes are always better than one. I can tell you firsthand, managing finances as a couple is not always easy.
Here are some of the perks of financial singledom:
1. Food is cheap (especially if you cook).
Have you ever tried feeding a man? Have you seen how much they eat? Most guys eat like bears. When I was single, I could eat a bowl of cereal or make a green smoothie and be set for the night. I rarely spent more than $30 a week on food. Now that I have to feed Mike, we spend anywhere from $75 to $100 a week on groceries.
2. The debt you carry is yours alone.
When you’re on your own, it can be tough to pay the bills, especially if you have credit card debt and student loans. At the same time, take comfort knowing that you are in control of your money and how much debt you have. You aren’t shackled by a second person’s debt.
3. You call the shots.
When you’re alone, you make all the decisions. No other person can affect that. You can take advice from wiser people, but you are in charge of what happens. You don’t have to factor in someone else’s money or ideas.
4. You don’t have to entertain someone else.
This isn’t the same for everyone, but I am easy to entertain. I like to stay at home and read, paint, or put puzzles together. Those are cheap thrills! If I do decide to do something, it usually involves hanging with family or exploring the city with my dog. More cheap thrills – the perks of being an introvert. My boyfriend is an extrovert. He is on the move all the time, wanting to spend money going out to eat or to the movies, etc. That adds up quickly.
So what do you think? What other perks are there? Do you wish you were still financially single?