The hidden cost of being single: How to beat the ‘singles tax’ and build wealth anyway
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The hidden cost of being single: How to beat the ‘singles tax’ and build wealth anyway
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About this listen
Welcome to Ask the Experts, where each week we talk to people in the industry to get the inside word on what’s happening right now, and what that means for the tactics that you should use to make the most of your money.
Here’s a horrifying stat: economist Shamubeel Eaqub crunched the numbers and found that single people spend 14% more than couples.
In some categories, it’s even worse. Housing? 53% more. Healthcare? 40% more.
That’s not avocado toast. That’s basic survival.
This episode is all about what you can do to fight back.
Whether you’re single by choice or circumstance, we’re breaking down the numbers, calling out the hidden costs, and helping you find smart ways to protect your financial future, without compromising your lifestyle.
For this episode I’ve partnered with Enable.Me, and their strategic consultant Shelley Palman joins us to break it all down.
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