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Home > Blog > Knowing how you spend? Priceless
MONDAY, MARCH 8, 2010

Knowing how you spend? Priceless

Where does the money go? Here’s what the typical American household spends annually on necessities and luxuries, according to the U.S. Department of Labor figures for 2007:

$10,023 . . . Housing costs such as mortgage or rent

$3,456 . . . Meals eaten at home

$3,477 . . . Utilities

$2,698 . . . Health care

$2, 698 . . . Entertainment (which includes an average of $987 on consumer electronics)

$2,384 . . . Gasoline and motor oil

$1,881 . . . Clothing

$538 . . . Public transportation

$457 . . . Alcoholic beverages

$446 . . . Furniture

$327 . . . Shoes

$323 . . . Tobacco

$140 . . . Laundry supplies

Notice insurance was not mentioned here! Have you taken a look at your insurance policy. Chances are your rates have crept up over the years. When was the last time your agent reviewed your coverage with you? When did he/she talk to you about taking advantage of multi-policy discounts? Have you been made aware of various pay options?

Contact The Weimer Group today by visiting our virtual insurance office or calling us at 888.304.6678. Find out why thousands of Southeastern Residents and Businesses have made the switch to The Weimer Group. Start by requesting a savings analysis. See what separates us from the rest!

Posted 4:55 PM

Tags: rising costs, insurance rates
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