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How to Combat the Single Tax and Save Money as a Single Person REWIND
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#139: In this REWIND solo episode of Money Noticias, hosts Israel and Sunem unpack the concept of the “single tax”—the hidden financial burden placed on those navigating life without a partner. They explore how societal structures, income levels, and relationships shape financial realities, and why being single often comes with higher costs.
In this episode you will learn:
- The concept of the "single tax" and how it impacts individuals who are single in society.
- Ways to combat the single tax, such as living with roommates, traveling with family and friends, and sharing expenses.
- The importance of building wealth collectively and investing in assets to combat the single tax.
- The role of generational wealth in combating the single tax and the importance of leveraging it.
- The disproportionate impact of the single tax on women, particularly due to the gender pay gap and limited access to capital.
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