Our family budget is on my mind as right now we're working on refinancing our mortgage, so that our current lower-paying job won't eat into our savings quite so quickly.
Since I was thinking of such things, out of curiosity I wanted to compare our household spending to the average. Here's how it (roughly) breaks down for us this past year:
Fine print: in my own budgeting, I keep track of categories that work for me, but then I find that they're sometimes hard to explain and parse out in a quick-to-grasp way for someone else.
For my pie chart there, Home includes mortgage, insurance, property taxes, utilities, trash, repairs, phone and internet; Offerings is nominally at least 10% but the number looks skewed because we've switched to tithing our post-tax income for easier accounting of the retirement savings gains later on; that Miscellaneous category is a pretty large catch-all, including most household shopping like clothes and shoes, cleaning supplies, toys, crafts, laundry costs, furniture, birthday and Christmas gifts, kitchen gadgets, all that.
To compare, here's a slick infographic which is based on a fairly recent consumer spending index. Enjoy.
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