Who knows how accurate the following is, but if it’s even close there sure seems to be a lot of discretionary spending out there, at least some of which is far from necessities. How can this be? Can the people we are told can’t save for retirement, can’t afford child care, etc. be spending $2400 a month on stuff?
The January 2016 average is based on Gallup Daily tracking interviews with 15,216 U.S. adults. Gallup asks Americans to estimate the total amount they spent “yesterday” in restaurants, gas stations, stores or online — not counting home and vehicle purchases or normal monthly bills — to provide an indication of Americans’ discretionary spending.
Categories: Observations on life