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Want to save money? Get married
Married life is likely to guarantee financial as well as emotional security, for it generally encourages sacrifice and saving rather than frivolous spending, a UK study has said.
Married life is likely to guarantee financial as well as emotional security, for it generally encourages sacrifice and saving rather than frivolous spending, a UK study has said.
Britons who are in a relationship generally save around 68 pounds a month, 800 pounds a year extra, according to a research by National Savings & Investments, a state-owned savings bank in the UK.
The idea of having a joint target such as saving to buy a home, have a family or build up a nest egg imposes a discipline on spending habits, the Daily Mail reported.
For some Britons, their partner’s influence has a particularly dramatic effect, with one in five saving at least 200 pounds more per month, an extra 2,400 pounds over a year.
Men were saving an average of 85 pounds more each month due to their partner’s influence, compared to a 50 pounds increase for women.
