Isn't the question regarding the extent to which a guy's income and/or expenses have become more complicated based on his life situation rather than trying to presume exactly the effect of being married versus being single? Of course, there can also be guys engaged in businesses, and some businesses are not very complicated or involved - maybe a couple of times a week the guy goes and sells some products (as a side business or maybe he teaches some skill that he has or works as a private consultant), yet there might be guys who have several employees and a variety of relations with vendors for products and/or services, and the more complicated the situation, then the more back up funds he probably needs to have and we don't even necessarily need to assume that his income is going to be so low that he is not able to invest, even though many businesses will be less profitable (and even fail) in their earlier years, so the point is more likely about complication of his finances and/or relationships rather than something like whether he is married or single.
I suppose I am not disagreeing with your point about being married bringing more potential complications, yet I am objecting how you described being married versus single in such a presumptive way as if a single person is still not going to have obligations merely because he is single. I don't necessarily disagree with you in regards to the extent to which some decision making might become more complicated with a spouse to the extent that there either might need to get input or at least at minimum the guy might have extra responsibilities in regards to parts of his income that would either go into the joint relationship and/or to support the wife.. and surely there could be situations in which a spouse brings extra income and/or potentially brings more income so the financial aspect is more of a benefit rather than a burden. Guys have to account for these matters, and we should not presume too much about them unless maybe describe our presumptions.
This here is a very important nuance that most people miss whenever they're making broad comparisons between being single and being married, as it concerns their finances. You're very correct with your thoughts and I completely agree that it's less about the individual's marital status, but more about the complexities of the individual's overall financial situation, which of course as we know can take many forms. Marriage can undoubtedly add some new layers of responsibility and obligations, but that doesn't in anyway imply someone who's not yet married doesn't also have these responsibilities and obligations too. Besides marriage and family, a single person could have other things that might as well demand so much from him, like his business, juggling employees and even the need to balance family responsibilities outside marriage.
So when thinking about financial needs, it makes more sense to think about it in terms of the level of entanglement the individual has, rather than just focusing on the binary aspect of being married or single. Some individuals keep their expenses and work relatively simple, like offering their own services or running a straightforward side business, which may not require so much or be so demanding, while some other individuals decide to take on a much larger ventures that demands ongoing commitment and of course safety nets. The folk with the more intertwined income sources and obligations have more need to hold more backup reserves regardless of their marital status.
And then again, you're also very correct to point out the fact that marriage does have the ability to reshape a person and the equation, and this comes in both directions. In one way, it could potentially complicate matters by introducing some sort of shared responsibilities and expectations, while also looking at it from the other angle, it could also bring stability or some additional income, which can potentially offset some burdens. The key takeaway from this, is to not just go with the assumption that being married automatically reduces one's financial freedom or that life is simpler for single person. Each of these situations uniquely comes with its own variables and the decisions people make about their finances should account for those specific realities and not marital or generic assumptions.
A business owner with employees and businesses contracts can easily have more financial responsibilities than a married individual with a steady income and a partner who supports him or her. Marriage can add to the commitments but it can also add new income or stability and is not a bad thing. The real question is the number of moving parts in the financial life of a person and their management. A backup reserve, an investment strategy must always be to that level of complexity not merely whether a person is single or married.
Everything is important here, to maintain Bitcoin investment effectively, patience, long-term mindset, stable income sources, discretionary income, emergency funds, reserve funds, everything is needed, and you need to have the right knowledge about Bitcoin, so that you do not panic during times of instability. But here everything has to be achieved step by step, that is, you have to get everything together and then start investing, there is no such thing as it.
If we think about the initial stage, that is, what is needed first to start investing in Bitcoin, you need to gain general knowledge about Bitcoin, have a long-term mindset, and arrange a certain amount of money that you can deposit Bitcoin through DCA on a weekly or monthly basis, this is enough to start investing.
And then you can prepare everything step by step over time, like creating an emergency fund is the most important thing, it is necessary to prepare an emergency fund within two to three months after starting investing, and yes, of course, you must maintain a long-term mindset as well as keep your source of income stable, because you have to maintain consistency here, if you do not have a stable income, then you will not be able to maintain the continuity of your investments, and to maintain this consistency, you have to prepare a sustainable income, and invest in Bitcoin only through discretionary income, so that your Bitcoin holdings are not damaged under any circumstances.
Your advice on Bitcoin investing is excellent because it focuses on smart step by step approach. You correctly point out that you do not need perfect financial situation to start. Instead of this you can begin with basic understanding of Bitcoin long term mindset and small and regular investment using Dollar Cost Averaging DCA. Key part of your strategy is using only discretionary income and having stable job which helps you avoid making emotional panicked decisions. And it is also good to build emergency fund soon after you start investing because this shows focus on whole financial health.
I agree your opinion since most individuals believe that they have to have all the answers figured out beforehand but that usually leaves them indefinitely paralysed. The smarter route is precisely what you mentioned, begin small with the basic knowledge and DCA whilst maintaining the long-term thinking. Having that habit established makes it easier to add the rest such as an emergency fund and more reliable sources of income. The concept of living only on discretionary income is vital since it will ensure that during times of trouble, you will not be compelled to sell. This is not just a systematic way to augment Bitcoin holdings, but also to be more financially disciplined, overall.