New Style for 2010: Be Frugal
The 2008 US Census Bureau income and expense figures reports that the average American household has only $494.37 of discretionary funds left over each month after paying the monthly household expenses These expenses include: housing, utilities, food, transportation, health care, entertainment, personal insurance and payroll taxes. This translates into roughly $16.00 per day per household.
With a budget of $16 per day, it is important that we become frugal in 2010. Otherwise, we will have a major problem. In 2010, find ways to reduce expenses if at all possible. It is no wonder that American families save less than families in
If you were given $16 each day to do with as you please what would you do? This is a definite call for each of us to live below our means.