America's Debt Diet Spending Plan Pie Chart
Yesterday on the debt diet show aired in Australia one of the advisors was talking about the spending pie chart. With the following percentages.
Housing 35%
Mortgage/rent, repairs, taxes, utilities, insurance
Debt 15%
Student loans, credit cards, personal loans
Transport 15%
Car Payments, gas, insurance, repairs, parking, tolls, fares
Other living 25%
Eating out, vacations, entertainment, clothing
Saving 10%
Two questions . Where does food, education and medical expenses fit in? If it is in other living surely it would be ahead of eating out etc. And secondly in regard to savings what exactly are savings for?
I am so confused.
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