After seeing all those Bentleys, Ferraris, and Aston Martins in Chicago, I had an urge to go car shopping. Of course, no bank in their right mind would lend me money for such craziness, but it led me to wonder, how do you put a ceiling on car spending? Obviously it is related to your income, but I didn’t know what other factors were involved. So…time for the search.
The good ol’ friendly and efficient (ahem) Department of Motor Vehicles has a nice how-to for creating a car budget. Read More
I love television, as I’m sure many of you do as well. Right now I’m in the market for a new one, specifically a high definition television (HDTV). The days of simple TV shopping are in the past. Today, you need to do your research before you shell out your hard-earned cash. For those of us who are young adults with limited expendable cash, we want to get the most out of it. Get ready because class is in session.
First let’s break it down into the three technological types that you’ll be most likely to run into at Best Buy or Circuit City.
I recently started eating 3000calories a day to try and put on weight; this resulted in my grocery bill doubling. This made me wonder if I was spending too much on food. Obviously everyone needs to eat, but some people try to save money by skimping on food (ramen eaters of the world unite). Continuing on this thought, I wondered what others in our age group spent on food every year.
According to surveys done by the USDA,
In 2003, U.S. urban households with incomes in the lowest quintile (bottom 20 percent of the income distribution) spent $1,769 per person for total food, or 37.3 percent of total household income. Households in the highest quintile spent $2,737 per person for food, or 6.6 percent of total household income. Wealthier households, however, spent more of their food budgets on away-from-home food than other households.
All Posts
