Household expenses can be largely categorized as home-related and child-related, as well as those for transportation and entertainment. The largest household expense for most Americans is housing.

Average Monthly Expenses by Household Size According to the U.S. Bureau of Labor Statistics, the average U.S. household spent $72,967 in 2022.

A household budget is one of the best tools you can have in which to do this. This post may contain affiliate links, where I might earn a commission at no additional cost to you.

What a 50/20/30 budget would look like in practice Using the U.S. median household wage of $63,179 as our starting point, we’ll need to deduct taxes. Obviously state taxes will differ, but for ...

But whether half true or flat out wrong, it’s hard not to be reminded of such claims on learning that the average US household is now paying $450 more per month for the same goods as last year ...

The Moneyist ‘My wife spends her free time watching teenagers, with $100K cosmetic collections, playing with makeup on YouTube’ ‘It’s gotten to the point where her cosmetics expenditure is ...

40% of Americans don’t have the cash to pay for an emergency expense 25% have no retirement or pension savings Less than 60% can answer at least three basic financial literacy questions correctly.