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Money and Finances
Reply to "Average monthly spend"
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[quote=Anonymous][quote=Anonymous]Since the average income is $70K/yr this implies that the average family size is close to 2 even if income = spend. There are problems with these numbers even if it is annual. Source is needed because the numbers don't smell right. [/quote] No, it’s just that high income families spend so much more that it brings up the average up well above average/median household incomes. My family of 3 typically spends between 110-140k annually (including major purchases like cars and major home repairs like installing a/c and replacing the roof, child care, student loans, mortgage payments, charitable contributions, and travel). [/quote]
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