|
|
|
|
|
|
by Bostonian
2503 days ago
|
|
|
Why do you say this? Married couples have much higher net worth than unmarried couples do on average. Married people have a joint interest in increasing their wealth. Each member of an unmarried couple has an incentive to spend the other person's money. |
|
|
Two working couples:
- Two incomes
- Shared health plan (more expensive but less than 2x single?)
- Shared apartment (more expensive to support two occupants but less than 2x single?)
- Opportunities to reduce duplicated expenses when possible: e.g. single set of furniture, single car, joint loans (e.g. mortgage + closing costs), repairs, etc.
If one of the partners is not working I believe there are still advantages but they might be harder to quantify. Even if it means cutting out one of the incomes, having a time-available partner can be advantageous in other ways. Time to cook vs. eat out (more cost effective), organize bills, find discounts and deals (e.g. credit card churning for saving ~1k-2k a year on flights), organizing activities to maintain health, arrange doctor visits for preventative care, etc.
Obviously, this equation changes when one is a dependent but if both are independent and work together I feel that the math would favor couples.