What Do You Spend Your Extra Money On?
After all your bills are paid what do you spend your extra money on? If you have kids in school, especially high school or college you may be saying, what extra money?
Nearly 2,000 people when asked gave the following answers:
- Dining out
...more than four in 10 feel like they are never going to be earning enough money to give them a decent amount of spare cash.
Mortgage, rent, utility bills, credit card payments and medical costs all eat up a good amount of our paychecks. Most parents say that they disposable income changed dramatically after having children.
"In fact, financial well being is related more to saving, spending and borrowing habits, meaning those that do manage to save some money each month feel happier and are less stressed by their financial situation.
The research for this was originally done in Britain but the results bode well for the U.S. too. More information can be found here. (Mirror)