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Till debt do us part: high costs keep couples together

Till debt do us part: high costs keep couples together

Perth Now11-08-2025
One in five young adults in the UK have stayed with a partner to make living costs more affordable, a survey found.
Some 21 per cent of people aged 18 to 40 said they had done this, according to the research published by Lifetime Isa provider OneFamily.
Opinium carried out the research for OneFamily among 3000 people across the UK aged 18 to 40.
With day-to-day living often costing more for single people, the research also found single people were less likely to have an emergency financial cushion to fall back on, compared with couples.
Nearly three in 10 (29 per cent) young adults surveyed who are single do not have an emergency fund, compared with one in six (16 per cent) people in a relationship.
Savers who are not in a relationship said they manage to put aside an average of STG301 ($A621) per month - around half of the STG609 that people in a relationship said they have for monthly savings.
OneFamily CEO Jim Islam said: "These stats are shocking, people are potentially staying in unhappy relationships because the bills are too high to contemplate managing on their own. It's a tax on being single, made worse by the rising costs of bills.
"Financial independence is crucial, since it enables freedom. It needs to be something that is talked about in schools alongside good savings habits."
Islam said "building a savings pot absolutely supports financial resilience, which means less vulnerability to the ups and downs of life".
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Till debt do us part: high costs keep couples together
Till debt do us part: high costs keep couples together

The Advertiser

time11-08-2025

  • The Advertiser

Till debt do us part: high costs keep couples together

One in five young adults in the UK have stayed with a partner to make living costs more affordable, a survey found. Some 21 per cent of people aged 18 to 40 said they had done this, according to the research published by Lifetime Isa provider OneFamily. Opinium carried out the research for OneFamily among 3000 people across the UK aged 18 to 40. With day-to-day living often costing more for single people, the research also found single people were less likely to have an emergency financial cushion to fall back on, compared with couples. Nearly three in 10 (29 per cent) young adults surveyed who are single do not have an emergency fund, compared with one in six (16 per cent) people in a relationship. Savers who are not in a relationship said they manage to put aside an average of STG301 ($A621) per month - around half of the STG609 that people in a relationship said they have for monthly savings. OneFamily CEO Jim Islam said: "These stats are shocking, people are potentially staying in unhappy relationships because the bills are too high to contemplate managing on their own. It's a tax on being single, made worse by the rising costs of bills. "Financial independence is crucial, since it enables freedom. It needs to be something that is talked about in schools alongside good savings habits." Islam said "building a savings pot absolutely supports financial resilience, which means less vulnerability to the ups and downs of life". One in five young adults in the UK have stayed with a partner to make living costs more affordable, a survey found. Some 21 per cent of people aged 18 to 40 said they had done this, according to the research published by Lifetime Isa provider OneFamily. Opinium carried out the research for OneFamily among 3000 people across the UK aged 18 to 40. With day-to-day living often costing more for single people, the research also found single people were less likely to have an emergency financial cushion to fall back on, compared with couples. Nearly three in 10 (29 per cent) young adults surveyed who are single do not have an emergency fund, compared with one in six (16 per cent) people in a relationship. Savers who are not in a relationship said they manage to put aside an average of STG301 ($A621) per month - around half of the STG609 that people in a relationship said they have for monthly savings. OneFamily CEO Jim Islam said: "These stats are shocking, people are potentially staying in unhappy relationships because the bills are too high to contemplate managing on their own. It's a tax on being single, made worse by the rising costs of bills. "Financial independence is crucial, since it enables freedom. It needs to be something that is talked about in schools alongside good savings habits." Islam said "building a savings pot absolutely supports financial resilience, which means less vulnerability to the ups and downs of life". One in five young adults in the UK have stayed with a partner to make living costs more affordable, a survey found. Some 21 per cent of people aged 18 to 40 said they had done this, according to the research published by Lifetime Isa provider OneFamily. Opinium carried out the research for OneFamily among 3000 people across the UK aged 18 to 40. With day-to-day living often costing more for single people, the research also found single people were less likely to have an emergency financial cushion to fall back on, compared with couples. Nearly three in 10 (29 per cent) young adults surveyed who are single do not have an emergency fund, compared with one in six (16 per cent) people in a relationship. Savers who are not in a relationship said they manage to put aside an average of STG301 ($A621) per month - around half of the STG609 that people in a relationship said they have for monthly savings. OneFamily CEO Jim Islam said: "These stats are shocking, people are potentially staying in unhappy relationships because the bills are too high to contemplate managing on their own. It's a tax on being single, made worse by the rising costs of bills. "Financial independence is crucial, since it enables freedom. It needs to be something that is talked about in schools alongside good savings habits." Islam said "building a savings pot absolutely supports financial resilience, which means less vulnerability to the ups and downs of life". One in five young adults in the UK have stayed with a partner to make living costs more affordable, a survey found. Some 21 per cent of people aged 18 to 40 said they had done this, according to the research published by Lifetime Isa provider OneFamily. Opinium carried out the research for OneFamily among 3000 people across the UK aged 18 to 40. With day-to-day living often costing more for single people, the research also found single people were less likely to have an emergency financial cushion to fall back on, compared with couples. Nearly three in 10 (29 per cent) young adults surveyed who are single do not have an emergency fund, compared with one in six (16 per cent) people in a relationship. Savers who are not in a relationship said they manage to put aside an average of STG301 ($A621) per month - around half of the STG609 that people in a relationship said they have for monthly savings. OneFamily CEO Jim Islam said: "These stats are shocking, people are potentially staying in unhappy relationships because the bills are too high to contemplate managing on their own. It's a tax on being single, made worse by the rising costs of bills. "Financial independence is crucial, since it enables freedom. It needs to be something that is talked about in schools alongside good savings habits." Islam said "building a savings pot absolutely supports financial resilience, which means less vulnerability to the ups and downs of life".

Till debt do us part: high costs keep couples together
Till debt do us part: high costs keep couples together

Perth Now

time11-08-2025

  • Perth Now

Till debt do us part: high costs keep couples together

One in five young adults in the UK have stayed with a partner to make living costs more affordable, a survey found. Some 21 per cent of people aged 18 to 40 said they had done this, according to the research published by Lifetime Isa provider OneFamily. Opinium carried out the research for OneFamily among 3000 people across the UK aged 18 to 40. With day-to-day living often costing more for single people, the research also found single people were less likely to have an emergency financial cushion to fall back on, compared with couples. Nearly three in 10 (29 per cent) young adults surveyed who are single do not have an emergency fund, compared with one in six (16 per cent) people in a relationship. Savers who are not in a relationship said they manage to put aside an average of STG301 ($A621) per month - around half of the STG609 that people in a relationship said they have for monthly savings. OneFamily CEO Jim Islam said: "These stats are shocking, people are potentially staying in unhappy relationships because the bills are too high to contemplate managing on their own. It's a tax on being single, made worse by the rising costs of bills. "Financial independence is crucial, since it enables freedom. It needs to be something that is talked about in schools alongside good savings habits." Islam said "building a savings pot absolutely supports financial resilience, which means less vulnerability to the ups and downs of life".

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