Where Does Your Money Go?

Share

Payday! You know that moment: All your hard work is embodied in a check or direct deposit, and your bank account is looking great. But then you pay your bills and tuck away some savings, and it seems like that paycheck is almost already gone. So where does all the money go? Approximately 76% of Americans live paycheck to paycheck.1 Find out what we’re spending our hard-earned money on over the course of a month.

 

Where Does Your Money Go?

References

1Hamm, T. (April 14, 2015). A look at the average American budget – and how the average American can start saving more. Retrieved May 3, 2017, from http://www.thesimpledollar.com/a-look-at-the-average-american-budget-and-how-the-average-american-can-start-saving-more/

2Bureau of Labor Statistics. (August 30, 2016). Consumer Expenditures. Retrieved May 3, 2017, from https://www.bls.gov/news.release/cesan.nr0.htm

About 

Babs is a content writer at Enova International, Inc. with a Bachelors in Cinema Studies and English from the University of Illinois (ILL-INI!). She loves binge watching musicals, reading in the (sporadic) Chicago sunshine and discovering great new places to eat. Accio, tacos! Find out more about her on Google+.

Comments