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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

  • Business
  • 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

  • Business
  • 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".

US accepts jet from Qatar for use as Air Force One
US accepts jet from Qatar for use as Air Force One

The Advertiser

time21-05-2025

  • Business
  • The Advertiser

US accepts jet from Qatar for use as Air Force One

The United States has accepted a 747 jetliner as a gift from Qatar and the air force has been asked to find a way to rapidly upgrade it for use as a new Air Force One, the Pentagon says. Secretary of Defense Pete Hegseth accepted the $US400 million ($A621 million) Boeing-made jet for use as US President Donald Trump's official plane, the Pentagon said. Pentagon spokesman Sean Parnell said the Defense Department "will work to ensure proper security measures and functional-mission requirements are considered". He added that the plane was accepted "in accordance with all federal rules and regulations". Legal experts have questioned the scope of laws relating to gifts from foreign governments that aim to thwart corruption and improper influence. Democrats have also sought to block the handover. Qatar has dismissed concerns about the aircraft deal. Trump has also shrugged off ethical concerns, saying it would be "stupid" not to accept the jet. He has defended it as a way to save tax dollars. "Why should our military, and therefore our taxpayers, be forced to pay hundreds of millions of dollars when they can get it for FREE," Trump posted on his social media site. Retrofitting the luxury plane offered by Qatar's royal family will require significant security upgrades, communications improvements to prevent spies from listening in and the ability to fend off incoming missiles, experts say. That could cost hundreds of millions of dollars. The precise costs were not known but could be significant given the cost for Boeing's current effort to build two new Air Force One planes is more than $US5 billion. The Air Force One program has faced chronic delays over the last decade, with the delivery of two new 747-8s slated for 2027, three years behind the previous schedule. Boeing in 2018 received a $US3.9 billion contract to build the two planes for use as Air Force One although costs have since risen. Boeing has also posted $US2.4 billion in charges from the project. with AP The United States has accepted a 747 jetliner as a gift from Qatar and the air force has been asked to find a way to rapidly upgrade it for use as a new Air Force One, the Pentagon says. Secretary of Defense Pete Hegseth accepted the $US400 million ($A621 million) Boeing-made jet for use as US President Donald Trump's official plane, the Pentagon said. Pentagon spokesman Sean Parnell said the Defense Department "will work to ensure proper security measures and functional-mission requirements are considered". He added that the plane was accepted "in accordance with all federal rules and regulations". Legal experts have questioned the scope of laws relating to gifts from foreign governments that aim to thwart corruption and improper influence. Democrats have also sought to block the handover. Qatar has dismissed concerns about the aircraft deal. Trump has also shrugged off ethical concerns, saying it would be "stupid" not to accept the jet. He has defended it as a way to save tax dollars. "Why should our military, and therefore our taxpayers, be forced to pay hundreds of millions of dollars when they can get it for FREE," Trump posted on his social media site. Retrofitting the luxury plane offered by Qatar's royal family will require significant security upgrades, communications improvements to prevent spies from listening in and the ability to fend off incoming missiles, experts say. That could cost hundreds of millions of dollars. The precise costs were not known but could be significant given the cost for Boeing's current effort to build two new Air Force One planes is more than $US5 billion. The Air Force One program has faced chronic delays over the last decade, with the delivery of two new 747-8s slated for 2027, three years behind the previous schedule. Boeing in 2018 received a $US3.9 billion contract to build the two planes for use as Air Force One although costs have since risen. Boeing has also posted $US2.4 billion in charges from the project. with AP The United States has accepted a 747 jetliner as a gift from Qatar and the air force has been asked to find a way to rapidly upgrade it for use as a new Air Force One, the Pentagon says. Secretary of Defense Pete Hegseth accepted the $US400 million ($A621 million) Boeing-made jet for use as US President Donald Trump's official plane, the Pentagon said. Pentagon spokesman Sean Parnell said the Defense Department "will work to ensure proper security measures and functional-mission requirements are considered". He added that the plane was accepted "in accordance with all federal rules and regulations". Legal experts have questioned the scope of laws relating to gifts from foreign governments that aim to thwart corruption and improper influence. Democrats have also sought to block the handover. Qatar has dismissed concerns about the aircraft deal. Trump has also shrugged off ethical concerns, saying it would be "stupid" not to accept the jet. He has defended it as a way to save tax dollars. "Why should our military, and therefore our taxpayers, be forced to pay hundreds of millions of dollars when they can get it for FREE," Trump posted on his social media site. Retrofitting the luxury plane offered by Qatar's royal family will require significant security upgrades, communications improvements to prevent spies from listening in and the ability to fend off incoming missiles, experts say. That could cost hundreds of millions of dollars. The precise costs were not known but could be significant given the cost for Boeing's current effort to build two new Air Force One planes is more than $US5 billion. The Air Force One program has faced chronic delays over the last decade, with the delivery of two new 747-8s slated for 2027, three years behind the previous schedule. Boeing in 2018 received a $US3.9 billion contract to build the two planes for use as Air Force One although costs have since risen. Boeing has also posted $US2.4 billion in charges from the project. with AP The United States has accepted a 747 jetliner as a gift from Qatar and the air force has been asked to find a way to rapidly upgrade it for use as a new Air Force One, the Pentagon says. Secretary of Defense Pete Hegseth accepted the $US400 million ($A621 million) Boeing-made jet for use as US President Donald Trump's official plane, the Pentagon said. Pentagon spokesman Sean Parnell said the Defense Department "will work to ensure proper security measures and functional-mission requirements are considered". He added that the plane was accepted "in accordance with all federal rules and regulations". Legal experts have questioned the scope of laws relating to gifts from foreign governments that aim to thwart corruption and improper influence. Democrats have also sought to block the handover. Qatar has dismissed concerns about the aircraft deal. Trump has also shrugged off ethical concerns, saying it would be "stupid" not to accept the jet. He has defended it as a way to save tax dollars. "Why should our military, and therefore our taxpayers, be forced to pay hundreds of millions of dollars when they can get it for FREE," Trump posted on his social media site. Retrofitting the luxury plane offered by Qatar's royal family will require significant security upgrades, communications improvements to prevent spies from listening in and the ability to fend off incoming missiles, experts say. That could cost hundreds of millions of dollars. The precise costs were not known but could be significant given the cost for Boeing's current effort to build two new Air Force One planes is more than $US5 billion. The Air Force One program has faced chronic delays over the last decade, with the delivery of two new 747-8s slated for 2027, three years behind the previous schedule. Boeing in 2018 received a $US3.9 billion contract to build the two planes for use as Air Force One although costs have since risen. Boeing has also posted $US2.4 billion in charges from the project. with AP

US accepts jet from Qatar for use as Air Force One
US accepts jet from Qatar for use as Air Force One

West Australian

time21-05-2025

  • Business
  • West Australian

US accepts jet from Qatar for use as Air Force One

The United States has accepted a 747 jetliner as a gift from Qatar and the air force has been asked to find a way to rapidly upgrade it for use as a new Air Force One, the Pentagon says. Secretary of Defense Pete Hegseth accepted the $US400 million ($A621 million) Boeing-made jet for use as US President Donald Trump's official plane, the Pentagon said. Pentagon spokesman Sean Parnell said the Defense Department "will work to ensure proper security measures and functional-mission requirements are considered". He added that the plane was accepted "in accordance with all federal rules and regulations". Legal experts have questioned the scope of laws relating to gifts from foreign governments that aim to thwart corruption and improper influence. Democrats have also sought to block the handover. Qatar has dismissed concerns about the aircraft deal. Trump has also shrugged off ethical concerns, saying it would be "stupid" not to accept the jet. He has defended it as a way to save tax dollars. "Why should our military, and therefore our taxpayers, be forced to pay hundreds of millions of dollars when they can get it for FREE," Trump posted on his social media site. Retrofitting the luxury plane offered by Qatar's royal family will require significant security upgrades, communications improvements to prevent spies from listening in and the ability to fend off incoming missiles, experts say. That could cost hundreds of millions of dollars. The precise costs were not known but could be significant given the cost for Boeing's current effort to build two new Air Force One planes is more than $US5 billion. The Air Force One program has faced chronic delays over the last decade, with the delivery of two new 747-8s slated for 2027, three years behind the previous schedule. Boeing in 2018 received a $US3.9 billion contract to build the two planes for use as Air Force One although costs have since risen. Boeing has also posted $US2.4 billion in charges from the project. with AP

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