Scotty

Scotty

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How Much Money You Waste, Every Month, Every Year

We all know how much money we spend on essential items like food, clothing, mortgage/rent, and other living expenses, but what about how much money we waste on non-essential things?

According to a new survey, Americans have way too much stuff we don't need. When you take away the things we need to survive, the average American spends $18,000 a year ($1500 a month) on things we don't need.

Of that $18,000, about $3,700 is spent on impulse buys. And because we have so much extra stuff, 21% say they rent a storage unit to keep everything that won't fit in their homes.

Check out the full story, which includes some tips on why we do it and how to stop spending so much!


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