Friday, December 12, 2008

Marriage has It’s Benefits

Get your mind out of the gutter! I’m talking about financial benefits. As a single person with friends and family who are married, I definitely know of some of the financial benefits marriage has to offer.

No wonder single-sex couples want civil unions or marriages, there’s definitely some money to be saved and benefits to receive.

Consider a typical living situation of a married couple with two incomes: each person only has to pay ½ of the rent, ½ utilities, ½ of a meal cooked for 2, and can do a shared load of laundry. You can save on insurance because you have multiple policies. The government puts you in a different tax bracket. You can combine your credit scores for better interest rates (sometimes this isn’t a benefit). Also, the cost of repairs and emergency funding can automatically be split.

There are entertainment benefits too. Such as not spending the money to hang out with friends all the time because you have each other. You can rent a movie and split the cost. Carpooling to event is definitely an option. You also know double the people. Oh and don’t forget the option of sharing books, games, electronics, and sometimes clothing (that favorite hoodie).

Oh and I don’t want to forget the fringe benefits as well. these are the ones that are the cherry on the op of the sundae. Such as the ability to be on each other’s medical insurance, or the offer to get a discount or free trip because of the other’s job. Then there is my favorite benefit that I can actually offer myself someday, free tuition for college.

Too bad these benefits only come with marriage; I could sure use a couple of then right now as a single.

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