The rise of Friend Socialism
Briefly

Americans are overwhelmed by numerous subscriptions, often engaging in a constant cycle of sign-ups and cancellations. While many subscriptions appear affordable, they accumulate, leading the average consumer to pay for about five video services monthly. Many individuals reconsider costs and options, pondering if a cable package might be more economical. This trend reflects a broader societal shift where family definitions expand to include friends for sharing services, despite bending company rules, as more adults remain single and childless, facing higher financial pressures alone.
Americans are drowning in subscriptions, performing a constant balancing act of sign-ups and cancellations, as the costs can add up rapidly for services like streaming.
With the average US consumer paying for about five video subscriptions a month, many realize that bundling services into a cable package might have been cheaper.
As society evolves, individuals are reinterpreting family dynamics to share costs, hopping onto family plans with friends and acquaintances, often bending rules in the process.
The rising trend of remaining single and childless introduces what is termed the 'singles tax,' as individuals face higher costs without shared financial responsibilities.
Read at Business Insider
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