Each year the Bureau of Labor Statistics (BLS) updates consumer expenditure data on how Americans collectively spend and earn their money. These numbers are averages so your personal household budget probably looks different in some ways. Your circumstances — where you live, your standard of living, how much you make, family situation, etc. — often dictate how you spend. But it can be instructive to look at ag...

source: https://awealthofcommonsense.com/2024/10/when-luxuries-become-necessities/