More than half of the adult population of America is single, reports Bloomberg.
There are currently 124.6 million single Americans. Of those, 20.4% have never married, while those who have been widowed, separated or divorced make up 19.8%, says Bloomberg. Their finances differ significantly from their coupled counterparts.
For instance, they’re more likely to rent than to own a home, they’re less likely to have children, and they generally have fewer expenses than those with kids. Unfortunately, they also have less purchasing—and saving—power without a second income to depend on.
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