FINANCIAL POWER FOR MARRIED/COUPLED, BUT FINANCIAL DISCRIMINATION FOR SINGLES AND LOW INCOME
These thoughts are purely the blunt, no nonsense personal opinions of the author and are not intended to provide personal or financial advice.
Featured post “Six Reasons why Married/Coupled Persons able to AchIeve More Wealth than Singles” unequivocally shows why married/coupled persons are able to achieve wealth from marital benefits to compound interest, economies of scale and getting two inheritances.
Do governments and decision makers truly understand the financial power that has been given to married/coupled persons? It seems not. There is a feeling that benefits continue to be given to married/coupled persons in a silo fashion without analysis of the full impact of these benefits and how much they cost to the coffers of the country. Many married/coupled persons cannot see past themselves to understand what they have been given. Many singles also do not understand this power.
Some reasons why singles do not marry are disabilities, history of severe abuse at the hands of parents or other people, not wanting to pass on genetic abnormalities and these are courageous decisions. For others, some just plain don’t want to get married or it just never happened and for many this does not make them unhappy. What does make them unhappy is being excluded from financial formulas.
All citizens deserve to be included in financial formulas without discrimination and regardless of marital status.
This blog is of a general nature about financial discrimination of individuals/singles. It is not intended to provide personal or financial advice.