The Rising Cost of Being Single | Money Moves with Jill Schlesinger
Summary
A recent study shows that people who are single are spending a lot more money on dating, with millennials spending about $252 per date and Gen Z spending around $205. Many singles are going on fewer dates or picking cheaper activities because of rising costs. Also, the high price of freezing eggs worries some young women, and an investor prefers bitcoin over traditional stocks.Key Facts
- Millennials spend an average of $252 on each date.
- Generation Z spends about $205 per date on average.
- Half of single people are dating less or choosing less expensive date ideas.
- Freezing eggs can be very expensive, which concerns some 30-year-old women.
- Investor Raoul Pal favors bitcoin over the S&P 500 stock market index.
- The S&P 500 has an average annual return of 11%.
- Rising costs are affecting dating habits and financial decisions among singles.
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