An Average American Family’s Finances?

Posted by Jonathan on May 3, 2010 in Other

On WithinMeans, I consciously try not to dwell too much on debt and retirement, etc.

Not only are there plenty of sites that do that (and it’s not that those things aren’t very important), but I’d rather have WithinMeans be about small achievable steps that make a difference in your daily and monthly life, right away (using a simple, self-made, family budget).

So forgive me from breaking that rule today as this chart focuses quite a bit on the negative – also, I found some of the wording needlessly snarky.

Some of these issues are symptoms of putting wants before needs, a lack of a prioritizing budget, and not living within means. All things anyone can try to start doing today.

I’ve shared an infograph from Visual Economics before and found it quite interesting; I hope you find this one enlightening as well.

Click the picture to go to the original source for a bigger look: