-
-
Good article. I think I am exceptional as oppossed to average!
-
Those are some interesting perspectives. It has numbers I've never seen before. Odd, though, that it compares third income quintile with fifth. I'm fourth quintile and spend laughably less on transportation and housing than does the quintile below me. This is how we are able to save well more than average, plus indulge in some luxuries that we would not have if we instead chose the luxury of a more expensive home and cars. Funny that the article's author is surprised by the "low" amount people are found to spend on clothing. In that category too, my family is well below the average for the quitile below us. In the food category, we are probably on target with fourth quintile, as we do spend a bit more than what is said to be spent in the middle quintile. But we are funny with food; we buy a mix of cheap and expensive. Plus we are serious gardeners.
Isn't it great that 25% own their homes without a mortgage? I had no idea it was so high. Someday I'll be in that number."There is some ontological doubt as to whether it may even be possible in principle to nail down these things in the universe we're given to study." --text msg from my kid
"It is easier to build strong children than to repair broken men." --Frederick DouglassComment
The Saving Advice Forums - A classic personal finance community.
- If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.
Tweet
Comment