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Household spending has risen 25 percent or more in the past two decades, even adjusting for inflation

 
Anonymous Coward
User ID: 27799015
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03/31/2016 04:47 PM
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Household spending has risen 25 percent or more in the past two decades, even adjusting for inflation
[link to www.cnbc.com]

If you think it's costing you more to run your household, you are onto something.

Household spending has risen 25 percent or more in the past two decades, even adjusting for inflation, yet incomes have not followed suit. And that means more families are stretching to make ends meet, according to research by the Pew Charitable Trusts.

And the big spending culprits are not extras like a third laptop or a giant TV. It's core expenses like housing and transportation, Pew found.

That has important implications for families' future financial prospects, said Erin Currier, director of financial security and mobility at Pew. 

"It underscores how little slack families have in their budgets for mobility-enhancing investments like education, even liquid savings, any kind of wealth building," she said.


Lots more at link.

Posted this for those people who say they are spending so much money each month on food.
Anonymous Coward
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03/31/2016 04:48 PM
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Re: Household spending has risen 25 percent or more in the past two decades, even adjusting for inflation
Damn straight it has!
Anonymous Coward (OP)
User ID: 27799015
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03/31/2016 05:00 PM
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Re: Household spending has risen 25 percent or more in the past two decades, even adjusting for inflation
Bump for the people.

bump
Anonymous Coward
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03/31/2016 05:02 PM
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Re: Household spending has risen 25 percent or more in the past two decades, even adjusting for inflation
Bump for the people.

bump
 Quoting: Anonymous Coward 27799015


I'll bump that





GLP