From paying more for hotel rooms to rising household bills, single people are facing an additional financial burden amid the cost of living crisis.
with someone who is also sensible with their finances it can be a massive relief and I don’t think these dynamics are discussed enough.”found people living on their own spend an average of 92% of their disposable income, compared with two-adult households who spend only 83% of theirs.
The research also found people living alone are more likely to be renting, and feel less financially secure than couples without children, with fewer reporting they have money left over at the end of the week or month. The cost of living as a single person in the UK is continuing to grow and many are using social media as a way to share how it is affecting them.continues to affect people across the board, the conversation around how single people are coping is a vital one to have – and the truth is, many are just about getting by.
That’s why having these conversations is so important as it creates a space for us to speak openly about how these financial pressures are affecting us and not feel so alone in the process.Sign up for the latest news and must-read features from Stylist, so you don't miss out on the conversation.
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