How the average US consumer spends their paycheck
Joined: Oct 2001
Posts: 5,729
Likes: 2
Originally Posted by Malloric,Feb 3 2010, 06:54 PM
Or you could look at statistics instead of guessing. Average (2007) was 78,885. 40% of the population made more than 75,000. Exactly how many people made between 75,000 and 7,885 is unknown. But with 25.8% making over $100,00 there obviously can't be 80 to 90% of people making less than the average 78,885. I highly doubt more than 5% make between 75,000 and 78,885, and that means no more than 65% make less than the average household income.
Wealth discrepancy in the US is vastly over rated. It's not equal by any means, but its not the case that a few ultra-wealthy individuals control so much wealth that 90% of people make less than the average as a result of a relative few incredibly wealthy outliers.
Wealth discrepancy in the US is vastly over rated. It's not equal by any means, but its not the case that a few ultra-wealthy individuals control so much wealth that 90% of people make less than the average as a result of a relative few incredibly wealthy outliers.
Registered User
Joined: Apr 2006
Posts: 5,539
Likes: 3
From: sunny suisun
thats interesting, couple months ago i made a pie chart to track my expenditure and i found that i used like 80% of my income or some huge chunk like that goes to dining out at restaurants lol
Registered User
Joined: Jul 2009
Posts: 8,655
Likes: 171
Registered User
Joined: Jan 2003
Posts: 8,482
Likes: 3
From: Wylie, TX
Originally Posted by shotiable,Feb 3 2010, 03:02 PM
thats interesting, couple months ago i made a pie chart to track my expenditure and i found that i used like 80% of my income or some huge chunk like that goes to dining out at restaurants lol
Registered User
Joined: Jan 2002
Posts: 5,771
Likes: 2
Originally Posted by vader1,Feb 3 2010, 10:32 AM
I find it interesting that taxes (which I am only counting payroll deductions not property/sales/other taxes) equals more what I spend on housing, utilities, and food.
Just wait till you add in the FREE Healthcare costs and see how much you take home.
Joined: Mar 2002
Posts: 112,963
Likes: 150
From: Doh!!
Originally Posted by CKit,Feb 3 2010, 10:46 AM
That's a really interesting chart.
It'd be interesting to see how those proportions shift with incomes towards the extremes.
Instead of 20.2% spent on housing, we spend 7.8%.
But instead of 6.5% spent on cars, we spend 9.1% (approximate).
It'd be interesting to see how those proportions shift with incomes towards the extremes.
Instead of 20.2% spent on housing, we spend 7.8%.
But instead of 6.5% spent on cars, we spend 9.1% (approximate).
your cars expense is more than your house. That's pretty rare in CA. I guess it's more common in TX.
Registered User
Joined: Jul 2009
Posts: 8,655
Likes: 171
Originally Posted by Wildncrazy,Feb 3 2010, 03:00 PM
Yeah remember that when you're voting yourself those "freebies" from the govt. There ain't no free lunch!
Just wait till you add in the FREE Healthcare costs and see how much you take home.
Just wait till you add in the FREE Healthcare costs and see how much you take home.
Even if it's not direct tax, we've got to start seeing the signs of inflation.
Registered User
Joined: Sep 2003
Posts: 6,585
Likes: 0
From: Roseville, CA
For me:
40% = Mortgage/Prop Taxes/HO Insurance
25% = Directly into saving account
20% = Home Improvement/Landscaping/Pool Guy
15% = Entertainment/Wine/Food
Note the lack of car payment and car insurance. Haven't had those expenses in years. Company car FTMFW!!
40% = Mortgage/Prop Taxes/HO Insurance
25% = Directly into saving account
20% = Home Improvement/Landscaping/Pool Guy
15% = Entertainment/Wine/Food
Note the lack of car payment and car insurance. Haven't had those expenses in years. Company car FTMFW!!
Thread Starter
Registered User
Joined: Sep 2008
Posts: 11,078
Likes: 1
From: Here
Originally Posted by rob-2,Feb 3 2010, 04:21 PM
http://factfinder.census.gov/servlet/STTab...S_2008_3YR_G00_