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Misunderstanding | Model | Modern Life | Monday | Money | Money, love of | Monument | Moral Decay | Morality | Morning | Mortal

How Americans Spend Their Income

Topic : Money, love of

According to the Bureau of Labor Statistics, Americans spend their incomes as follows:

1. Shelter 23%
2. Transportation 21%
3. Food 15%
4. Retirement plans 8%
5. Utilities 7%
6. Clothing 5%
7. Entertainment 5%
8. Medical care 5%
9. Savings 3%
10. Insurance
(excluding car and home)
1%
11. Miscellaneous 7%

Reported in First, quoted in Discipleship Journal, Issue 53, 1989, p. 21



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