Single consumers better off than those in a couple
February 23, 2008 by admin
Filed under News, News-Banking
Single consumers are richer than those spenders in relationships to the tune of almost £4 million according to new research. 
Findings from Fool.co.uk show that the average single Brit is better off by £255.42 per month.
The average Brit not in a couple spends £281 a month on rent and bills, compared with the £500 paid out by someone in a relationship – meaning £2,600 saving per year on rent alone.
David Kuo, head of personal finance at Fool.co.uk, said: ” Money can’t buy you love, but it can help to ease the burden as pay day gets further away and the bills start rolling in.”
He added that the firm were not suggesting that money will ever replace the warm glow felt from loved ones, “but if you can’t be with the one you love, then learn to love your wallet”.
The average Brit in a relationship spends £39.50 per month when dining with friends – compared with just £22.85 forked out by singletons.
Meanwhile, UK payments association APACS has said that changes to processes on cashing cheques mean they offer “more certainty” than before.
