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FAQ #3636

What is the amount we should be spending on family living expenses?

Related resource areas: Personal Finance


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Households are rarely alike. Individual needs, tastes, and economic circumstances vary from family to family—even when they have identical income and the same number of family members. As a guide, you may want to compare your expenses with those from the Bureau of Labor Statistics (BLS). The BLS regularly collects, analyzes, and publishes data on consumer spending patterns.

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