One in five younger people stay with partner for very sad reason

One in five young adults have stayed with a partner to make living costs more affordable, a survey has found. Some 21% of people aged 18 to 40 said they had done this, according to the research published by Lifetime Isa provider OneFamily.

With day-to-day living often costing more for single people, the research also found that single people were less likely to have an emergency financial cushion to fall back on, compared with couples. Nearly three in 10 (29%) young adults surveyed who are single do not have an emergency fund, compared with one in six (16%) people in a relationship.

Savers who are not in a relationship said they manage to put aside an average of £301 per month – around half the £609 that people who are in a relationship said that they have for monthly savings. OneFami