Monday, February 27, 2012

Consumer Spending: Where does your money go?

According to an ongoing Gallup poll the average American reports spending $66 per day, not including the purchase of a home, car, or regular household bills. This is down from $104 per day reported in January 2008, the month after the recession started (isn't it great the recession is over!)

Below is a nice infographic from Credit Donkey on how households spend their money. How does your spending stack-up? I'm definitely over on the percent I'm allocating to the "away from home" food budget. Ah, the downfall of city living!  
Infographics: Where Does All My Money Go
Am I the only one surprised that the average person in the US still writes about 8 checks per month?