The Poor versus The Rich: Spending Habits
It goes without saying that 5% of a budget varies greatly, so here are some numbers to keep in mind: 5% of $150,000 = $7500 5% of $70,000 = $3500 5% of $20,000 = $1000 The percenta
How to budget for traveling
Traveling overseas always makes people groan because of the work involved to plan it, but also the cost of it. On average, we spend about $1000/week each on vacation, which is at l
Why do we need so many savings accounts and funds, anyway?
Really, all of my savings = my savings. It goes into one big category of “savings”, but within that category, I have allocated parts of my money to different priorities
Americans earn about $50,000 a year
Median. Not on average. Via Planet Money Note on Income and Benefits: The income part of the data excludes dividends, capital gains and income from real estate, like rent payments.
Living on $534 a month, not including housing
$534. That’s what the IRS in 2011 thinks you can live on as a single person without including the cost of housing: Source: Mental Floss, May-Jun issue, Page 15 — A maga
Zooey Deschanel doesn’t spend everything she makes, why should you?
Zooey Deschanel, star of ‘New Girl’ (love!) who has also appeared on ‘Top Chef Masters’, and is the younger sister of Emily Deschanel, the star of ‘Bo
What do Americans buy and where does the money go?
Fantastic post over at NPR about where Americans spend their money. They took all the data and created these two crystal clear graphs: WHAT AMERICANS SPEND THEIR MONEY ON (2011) S