4 Tax Day Facts About Singles & Money

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How do your spending habits fit in with the rest of America's single people?

If the barrage of reminders on your television haven't been enough to keep you informed, today is Tax Day, the deadline to file your taxes to see just how much cash you are getting back from (or owe) the lovely government. While you've spent your days waiting for that refund to hit your beloved bank account, a couple of online dating sites have been hard at work polling singles about their spending and saving habits. The folks at Chemistry.com surveyed 1,600 single men and women about their finances. And JDate polled 534 Jewish singles, asking them: "If receiving a tax return this year, what will you do with the money?" 

In honor of Tax Day—and the end of all the commercials!—here are some of their most interesting findings.

 

Financial opposites attract. According to Chemistry.com, most singles (83 percent) have had a romance with someone who had completely different spending habits, and 54 percent of those surveyed believe such relationships can work. More survey results from Chemistry.com: Tax Day: Let's Talk About Singles' Spending Habits

Money is a concern. Singles tend to stress a bit about their finances, which makes sense, considering our country's economic state. More than half of singles polled by Chemistry.com (56 percent) admitted to worrying a lot (or a "fair amount") about their money, while 58 percent have altered their spending habits to survive the poor economy.

Saving for that something. When asked what they're planning to spend their tax returns on, the vast majority of JDate users (40 percent) plan to save up some green for the following year. For what exactly? Could be weddings, could be a house, could be a dream vacation, could be a rainy day—either way, it's a smart move. Another 20 percent plan to pay off their unpaid bills — also wise.

Travel is the biggest indulgence. While, as mentioned above, 60 percent of Jewish singles plan to be responsible with their 2012 tax return, at least some are planning fun things. Nineteen percent plan to travel, 11 percent plan to treat a friend, date or family member to something special (here's to hoping this is someone we're close to!) and 10 percent plan to do something indulgent like a gift for themselves or a fancy dinner.

Does being single change your spending habits? What are you going to do with your tax return?

More juicy content from YourTango:

12 Surprising New Facts About Singles In America
8 Modern Dating Rules Every Single Should Know
13 Relationships Mistakes We Men Could Stop Making

 
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