A while back I wrote an article for credit.com which included a section on spending habits and the amount of funds we spend on different items in this country. (Here is the full article.)
From our friends at Howmuch.net and Visual Capitalist
This updated and more neatly compiled chart shows our spending trends over the past 75 years.
Scanning the chart from left to right, can you tell which has risen the most?
Of course, far right… Would that be Healthcare? … With all the banter, surely .. Nope!
How about Food? It certainly costs more to feed a family these days … Nope!
Housing, you got it, Housing costs have soared … this fits into our mantra of the latest Newsletter main theme …
Be careful out there!
Have a Great Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth