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March 1, 2011

Where does the money go?

This time of year - what with financial New Year’s resolutions waning and tax returns coming - seems a good time to take stock of your family’s spending habits.

Check out this simple infographic (http://www.creditloan.com/infographics/how-the-average-consumer-spends-their-paycheck/) depicting how much the average American family earns and spends in a year. We like it for its simplicity, for the sneak peek inside other people’s financial situations, and as something to compare against our own spending.

How much of your income would be put in the mystery question-mark box? If you’re job-hunting or about to finish residency, how will your financial pie chart look different than it currently does?



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