Posted January 07, 2019 05:59:13When it comes to spending money, the real-estate market is definitely worth it.
But when it comes for your pocketbook, how much does it really take to get a good night’s sleep?
While the average US household earns just $20,000 per year, a new study released by NerdWallet shows that for a typical family of four, it can be as much as $150,000 a year.
To put that in perspective, the average family makes about $25,000 annually, and a $30,000-a-year salary works out to an annual income of $175,000.
It’s important to keep in mind that these numbers are based on median household income, which is the average wage of a typical US worker.
That means they don’t take into account taxes, housing expenses, medical costs, and other expenses that could be added onto the list.
So what if your family budgeted $150 a week?
How would you spend that money?
Here’s a look at the basics to get the most bang for your buck: