Summary
A Reddit user from Canada shared their experience of the financial challenges of living alone, which resonated with many millennials. The user highlighted how living costs often assume shared financial responsibility, making it harder for singles to manage expenses. Experts agree that single people face higher per-person costs compared to those who can split expenses with someone else.
Key Facts
- A 33-year-old Reddit user from Manitoba, Canada, discussed the financial strain of living alone on Reddit.
- The user noted that buying food in small portions is more expensive compared to buying in bulk, which doesn’t suit single people.
- Millennials feel that economic systems assume shared financial responsibilities, creating a burden for singles.
- Single people face higher per-person expenses, such as housing and utilities, compared to pairs.
- The term "single tax" refers to the higher financial burden single people bear because they can't share fixed costs.
- Experts suggest strategies like long-term renting or early investing to manage these financial pressures.
- Research shows single adults spend significantly more per person on essentials compared to individuals in couples.
