Comments on: Here’s How the Average American Household Spends Their Money https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/ Sharing insights on how to grow wealth and gain freedom. Mon, 21 Oct 2019 20:55:12 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1166 Wed, 30 Aug 2017 10:33:16 +0000 https://fourpillarfreedom.com/?p=19234#comment-1166 In reply to Lily He-Prudhomme.

It’s definitely an interesting chart to stare at and see which categories are larger / smaller than you may have thought. These numbers also represent the average for all American households, so these could vary pretty dramatically from one household to the next.

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By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1165 Wed, 30 Aug 2017 10:32:13 +0000 https://fourpillarfreedom.com/?p=19234#comment-1165 In reply to Mrs. Adventure Rich.

Thanks so much, Mrs. Adventure Rich! It’s fun for me so I would do it even if nobody was viewing the graphs and charts. I’m glad you’re enjoying them 🙂

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By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1164 Wed, 30 Aug 2017 10:31:02 +0000 https://fourpillarfreedom.com/?p=19234#comment-1164 In reply to SMM.

I had similar thoughts – transportation and food costs are two huge areas where frugality can have a massive benefit.

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By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1163 Wed, 30 Aug 2017 10:29:48 +0000 https://fourpillarfreedom.com/?p=19234#comment-1163 In reply to Mrs. Picky Pincher.

That was my initial thought as well. It’s only based on yearly spending and it’s also the AVERAGE amount spent by American households. There are plenty of households who have no education costs, which could be dragging down the average.

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By: Lily He-Prudhomme https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1162 Wed, 30 Aug 2017 00:23:06 +0000 https://fourpillarfreedom.com/?p=19234#comment-1162 That’s a lot for life insurance as a whole…what in the world… tobacco seems so unnecessary for a category…

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By: Mrs. Adventure Rich https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1161 Tue, 29 Aug 2017 15:11:04 +0000 https://fourpillarfreedom.com/?p=19234#comment-1161 I’m a visual person and I love how you translate so many of the fundamentals of Personal Finance and Financial Independence into graphs, charts, etc 🙂

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By: SMM https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1160 Tue, 29 Aug 2017 14:21:26 +0000 https://fourpillarfreedom.com/?p=19234#comment-1160 Makes sense for the most part. Other, transportation and food are ones which variably have the most potential of being adjusted 🙂
It’s nice to see pensions and social security being one of the highest though.

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By: Mrs. Picky Pincher https://fourpillarfreedom.com/heres-how-the-average-american-household-spends-their-money/#comment-1159 Tue, 29 Aug 2017 13:38:07 +0000 https://fourpillarfreedom.com/?p=19234#comment-1159 Honestly, I’m surprised at how low the education costs are. Maybe it’s because we tend to just pay the minimums each month? Hm.

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