Posted on Saturday, January 22, 2011
spending figures from the Bureau of Labor Statistics and see how you measure up against the average American household (you should try to be lower in each category):
• 33 percent of their income on housing
• 19 percent on transportation
• 13.5 percent on food (with more than 40 percent being spent in restaurants)
• 5 percent on health care
• Other significant expenditures include taxes, entertainment and clothes.