The Financial Benefits of Being Single

SHEENA RICARTE
10 min readJul 15, 2022

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~ Friday, July 15, 2022 Blog Post ~

A single person has all his TIME, MONEY, ATTENTION, FOOD, ENERGY, and other significant scarce resources all for himself. (Sheena Ricarte, July 2022)
MY LUNCH: JAPANESE FOOD. A single lady can order the most expensive menu item in a restaurant and it is OK because she does not have a spouse or dependents (also known as children) who will be adversely impacted by her extravagance. (Sheena Ricarte, July 2022)

Update as of Saturday, July 16, 2022, 5:43 PM: Eureka! Today, I found the link and the article which I copied and pasted as an email message and sent to myself on February 16, 2019, 5:09 PM!

The article’s title is “10 Advantages Of Being A Single Woman.” Its original link is: https://www.everydayhealth.com/womens-health/10-advantages-being-single-woman/

I’m posting the original article at the bottom of this online discussion, after my blog post for yesterday, Friday, July 15, 2022.

The key takeaways I like from “10 Advantages Of Being A Single Woman” are numbers 2, 3, and 10, and they are the following:

2. Your Money Is Your Own

Closely related to time is money. Once you have a family, your spending decisions cease to be solely your own. When you are a single woman, however, your spending habits do not affect anyone else.

So go ahead and order the most expensive item on the menu. Take those dance classes. Whatever you want to spend money on, no matter how frivolous, you can! Your money is there to be enjoyed.

3. Get to Know Yourself

Many women define themselves by their family roles. Being single, however, gives you the chance to discover who you truly are. What are your likes and dislikes? How do you live your life? What is your own moral code? What makes you tick? What are your goals, dreams and aspirations?

Living single gives you the freedom to discover yourself, which in turn will you help you decide what you want in a partner.

This is also a great time to learn to trust yourself. Many girls grow up with an internal voice of doubt and insecurity. As a single woman, you will need to handle things on your own; to take on responsibilities from having your car serviced to dealing with home repair emergencies.

10. Make Your Life Anything You Want It to Be

This is ultimately the biggest advantage to being a single woman. You have the unique opportunity to mold and shape your life and pursue your dreams.

There are no reasons to settle for second-best and no one else is depending on the choices that you make. Even if your ultimate goal is to marry and settle down, you might as well get your own life in place first.

So go for the brass ring and shoot for the stars. Create the life that you want for yourself and then, if you want one, find a partner who will fit into that life.

A single person has all his TIME, MONEY, ATTENTION, FOOD, ENERGY, and other significant scarce resources all for himself. (Sheena Ricarte, July 2022)
MY LUNCH: AMERICAN FOOD. A single lady can order the most expensive menu item in a restaurant and it is OK because she does not have a spouse or dependents (also known as children) who will be adversely impacted by her extravagance. (Sheena Ricarte, July 2022)

Being a single woman is a source of consternation for many women. Societal and family pressures to settle down can make even the most confident woman doubt herself.

Yet there are numerous benefits to being a single woman. Learn to trust yourself and your own instincts, and go after the things that you want.

You are in a unique position that may not last forever, so take advantages of the opportunities before you. You can be a success!

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~Friday, July 15, 2022 Blog Post ~

I’m looking for the Internet link I e-mailed to myself a couple of years ago for the article about the financial advantages of being single, or being a single lady. I recall it mentioned that a single person (or a single woman, if I remember it correctly) can spend her money however she wants.

After all, nobody will be negatively affected if she splurges on things that she fancies. For example, a single lady can order the most expensive menu item in a restaurant and it is OK because she does not have a spouse or dependents (also known as children) who will be adversely impacted by her extravagance.

A single person has all his TIME, MONEY, ATTENTION, FOOD, ENERGY, and other significant scarce resources all for himself. (Sheena Ricarte, July 2022)

Furthermore, a single person has all his TIME, MONEY, ATTENTION, FOOD, ENERGY, and other significant scarce resources all for himself. He has the freedom to do whatever he wants with his money and time, and I absolutely like these perks of being single, giving one the freedom to act according to his whims.

I do hope I find that particular abovementioned article somewhere in my inboxes. At this time, I realized that I want to invest more on my WEALTH, HEALTH, and PEACE OF MIND. I’ve become very practical and it is just right since I’m close to becoming 40 years young (which happens two years from now).

I don’t mind aging since it is a part of human existence and I agree it is a privilege not everyone gets to relish in their lifetimes. I just want to enjoy my life, minus the unnecessary people and things.

MY LUNCH: THAI FOOD. A single lady can order the most expensive menu item in a restaurant and it is OK because she does not have a spouse or dependents (also known as children) who will be adversely impacted by her extravagance. (Sheena Ricarte, July 2022)

Anyway, I collected some Internet links for the articles about the financial advantages of being single. I really love this topic ! After all, I find it relatable and so I like to spend my time perusing these online discussions during my free time.

Here are ten Internet links for the articles about being single’s financial advantages. I’m posting them for myself (since this blog is for myself and my own benefit) so I can easily access them:

1) https://mint.intuit.com/blog/minimalist-lifestyle/financial-benefits-being-single/#:~:text=One%20of%20the%20best%20benefits,under%2050%20is%20about%20%24256.

2) https://www.bustle.com/articles/130561-6-financial-benefits-of-being-single

3) https://www.wealthify.com/blog/the-financial-perks-of-being-single

4) https://www.moneycrashers.com/benefits-being-single-save-money/

5) https://www.theladders.com/career-advice/7-ways-being-single-could-help-you-save-more-money/amp

6) https://www.wealthenhancement.com/s/blog/5-financial-planning-tips-for-singles-MCG3TSBOP3INEFPFU7HFJQXBJKUA

7) https://www.weforum.org/agenda/2021/10/what-is-the-financial-impact-of-being-single-in-the-united-states/

8) https://everythingfinanceblog.com/17000/ways-being-single-impacts-your-finances.html/amp

9) https://www.quicken.com/staying-single-better-your-finances

10) https://www.everydayhealth.com/womens-health/10-advantages-being-single-woman/

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10 Advantages Of Being A Single Woman

There is societal and family pressure to marry as well. However, women are increasingly beginning to realize that being single does have its advantages.

Many women choose to delay marriage, preferring instead to focus on career, friends and self-identity. Here are ten great benefits to being a single woman.

1. Your Time Is Your Own

Ever try to organize a girls’ night out with your married friends, especially those who have children? Between the Little League games, ballet classes and band practice, mothers also need to try to fit in time with their husbands.

Something as simple as meeting for drinks can be grounds for a Mission: Impossible style planning session.

If you are a single woman, you do not have those concerns. You can pick up and go anywhere you want, anytime you want.

You may occasionally feel that you have too much empty time on your hands, but you can fill that time any way that you want.

2. Your Money Is Your Own

Closely related to time is money. Once you have a family, your spending decisions cease to be solely your own. When you are a single woman, however, your spending habits do not affect anyone else.

So go ahead and order the most expensive item on the menu. Take those dance classes. Whatever you want to spend money on, no matter how frivolous, you can! Your money is there to be enjoyed.

3. Get to Know Yourself

Many women define themselves by their family roles.
Being single, however, gives you the chance to discover who you truly are. What are your likes and dislikes? How do you live your life? What is your own moral code? What makes you tick? What are your goals, dreams and aspirations?

Living single gives you the freedom to discover yourself, which in turn will you help you decide what you want in a partner.

This is also a great time to learn to trust yourself. Many girls grow up with an internal voice of doubt and insecurity. As a single woman, you will need to handle things on your own; to take on responsibilities from having your car serviced to dealing with home repair emergencies.

Through this process, you will learn how capable you truly are. You will never find yourself in a relationship that is based on a fear of being alone or the belief that you need a man around to take care of things.

4. Get to Know Your Friends

Many women claim that the friends they made while single remain their closest friends throughout life. Plan trips and special activities with your fellow single women. You have a unique opportunity to learn to rely and depend on each other, and develop a strong bond.

Too often, women compete rather than working together. Being a single woman gives you the chance to break down those barriers and develop a sisterhood with other women.

5. Get to Know Your Family

If you follow the “traditional” path of marrying soon after becoming an adult, your new family becomes primary in your life.

This can make it difficult to get to know your parents, siblings and other relatives as an adult, since you have new priorities. As a single woman, you have a unique opportunity to spend time with your relatives and get to know them in a new way. Invite your parents to dinner or see a play with your brother.

You may be surprised at how different and rewarding an adult relationship can be.

6. Career Freedom

A single woman has the ability to dedicate herself to her career. If your work is important to you, this is your opportunity to develop your career. You can make choices that would be tough with a family to support, such as moving across the country or changing careers.

Put in long hours and work toward advancement or job hop until you find one that gives you personal satisfaction. Your career decisions affect only yourself.

7. Travel

If you are single, you can take full advantage of every day that you can spare. From weekend jaunts to summer resort vacations, this is the time in your life when you can best afford to get away. Traveling as a single woman presents both unique challenges and unique rewards.

If you are concerned about traveling alone, get together a group or sign up for singles’ trips. You can travel with other singles on European jaunts, cruises and even adventure trips.

Or go it on your own and stay in hostels rather than hotels. Hostels are extremely popular in Europe and are growing in popularity in the United States and around the world.

At a hostel, you will never be lonely, since there are always people around who are also looking for company and excitement.

8. Seeing Shows

On a practical level, being single has additional advantages. You can often snag the odd single seat for otherwise sold-out performances.

When the touring company of A Chorus Line came to my town, tickets sold out quickly. However, I was able to get a single ticket for half price on the day of the show.

My seat was in the third row, center. Had a dancer happened to lose a shoe, I would have been hit in the head! Take advantage of your single status to make things happen that would impossible for a twosome to do.

9. Decide What You Want in a Partner

Living as a single woman gives you the opportunity to figure out what you truly want in a life partner. Of course, creating a detailed checklist can practically guarantee that you never find a man who fits all of your criteria.

However, it is reasonable to decide on certain personality traits, interests or ways of living that are non-negotiable. Knowing what you truly want will help you avoid relationships that are doomed to fail, as well as help you find the man of your dreams.

Alternatively, you may decide that marriage is simply not right for you. Plenty of capable, normal women choose to remain single for a lifetime.

Knowing that this is your plan will help you to find relationships with men who share your philosophy.

10. Make Your Life Anything You Want It to Be

This is ultimately the biggest advantage to being a single woman. You have the unique opportunity to mold and shape your life and pursue your dreams.

There are no reasons to settle for second-best and no one else is depending on the choices that you make. Even if your ultimate goal is to marry and settle down, you might as well get your own life in place first.

So go for the brass ring and shoot for the stars. Create the life that you want for yourself and then, if you want one, find a partner who will fit into that life.

Being a single woman is a source of consternation for many women. Societal and family pressures to settle down can make even the most confident woman doubt herself.

Yet there are numerous benefits to being a single woman. Learn to trust yourself and your own instincts, and go after the things that you want.

You are in a unique position that may not last forever, so take advantages of the opportunities before you. You can be a success!

Test Your Singles IQ?
There’s a lot to be said for living single, says Jerusha Stewart, author of “The Single Girl’s Manifesta.” Just ask the fast-growing number of single men and women around the world! But how much do you really know about yourself or your single family members and friends? Take Stewart’s singles quiz to find out now.

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SHEENA RICARTE

Freelance finance writer Sheena Ricarte's interests comprise international finance, economics, personal finance, asset protection law, & investment management.