News for hackers. Stuff that matters.
Re:The Best Financial Advice I Ever Got by Bostonian on Sunday August 11, 2019 @06:25AM (#20667442)
Why do you say this? Married couples have much higher net worth than unmarried couples do on average. Married people have a joint interest in increasing their wealth. Each member of an unmarried couple has an incentive to spend the other person's money.
Re:The Best Financial Advice I Ever Got by lazypenguin on Sunday August 11, 2019 @06:36AM (#20667480)
Not only incentives but it just makes sense logically as long as we can assume that both partners are financial savvy, have the same objectives and "contribute" to the relationship equally in some fashion (e.g. money, time, chores, etc.).

Two working couples:

- Two incomes

- Shared health plan (more expensive but less than 2x single?)

- Shared apartment (more expensive to support two occupants but less than 2x single?)

- Opportunities to reduce duplicated expenses when possible: e.g. single set of furniture, single car, joint loans (e.g. mortgage + closing costs), repairs, etc.

If one of the partners is not working I believe there are still advantages but they might be harder to quantify. Even if it means cutting out one of the incomes, having a time-available partner can be advantageous in other ways. Time to cook vs. eat out (more cost effective), organize bills, find discounts and deals (e.g. credit card churning for saving ~1k-2k a year on flights), organizing activities to maintain health, arrange doctor visits for preventative care, etc.

Obviously, this equation changes when one is a dependent but if both are independent and work together I feel that the math would favor couples.

Re:The Best Financial Advice I Ever Got by cabraca on Sunday August 11, 2019 @06:46AM (#20667510)
I think OP refers to unjust divorce laws. With over 50% marriages ending in divorce, headlines like [0] make marriage sound like a really bad deal.

[0] https://www.theguardian.com/law/2015/mar/11/woman-wins-right...

Re:The Best Financial Advice I Ever Got by sokoloff on Sunday August 11, 2019 @08:30AM (#20667856)
Sadly (for justice), she received a mid-6 figure award eventually: https://www.telegraph.co.uk/news/2016/06/10/millionaire-tyco...
Re:The Best Financial Advice I Ever Got by hndamien on Sunday August 11, 2019 @11:57PM (#20672293)
The also escape the cost of high cost signalling.