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Single men have lesser responsibilities than married men and in comparison, they were found to be earning lesser. Yet, they still tend to spend more as they are “in search for a good time”. An infographic by budgeting site Mint breaks down the expenditures of single men.
The results showed that men spent significantly more on alcohol while women spent more on personal products. Other than that, the amount they spend on other areas are rather similar.
In the case of single men, they are also likely to spend more when they are competing for women’s affections, a study by the University of Minnesota discovered.
Find out more below:
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[via Lifehack, images from Mint]