You are here

Business

How Do Americans Spend Their Money, By Generation?

How Americans Spend Their Money, By Generation

In 2021, the average American spent just over $60,000 a year. But where does all their money go? Unsurprisingly, spending habits vary wildly depending on age.

This graphic by Preethi Lodha uses data from the U.S. Bureau of Labor Statistics to show how average Americans spend their money, and how annual expenses vary across generations.

A Generational Breakdown of Overall Spending

Surveillance of Credit Card Purchases at Gun Shops

In his latest weekly editorial titled “Why You Should Use Cash to Buy Guns” legal scholar and Ron Paul institute Advisory Board member Andrew Napolitano discusses how credit card companies have newly put in place a means to track credit card users’ purchases at gun shops. For people who continue to use credit cards for purchases at gun shops, Napolitano warns that the results can include United States government agents reviewing their purchase histories and even showing up on their doorsteps asking to ask to see their guns.

Pages