I'm a sucker for infographics, and this one from April 2009, is pretty good:
How The Average U.S. Consumer Spends Their Paycheck
The top 4 are obvious: housing, car, food and insurance. But it was interesting to see that people spend almost as much on groceries as going out (7% vs 5.4%) and that cash contributions (I'm assuming savings) is only at 3.7% of the total monthly budget.
We spend .02% of our income on reading but 3 times that amount on alcohol? I bet that most of the entertainment cost is TV, Cable, movies, video games...anesthesia for the masses.
What does it say that Americans only spend 12.4% of their income on food, but spend 5.7% on Healthcare? If you buy high quality food (healthy organic fats and proteins, fruits and veggies) then you will not have to spend anywhere near that much on healthcare.
Where does the money go?
July 14th, 2009 at 07:53 pm