November Theme: TRUTH Day Ten – Are You Being Honest About Your Stuff?
How much stuff do you have that you don’t need? How much time and energy do your spend looking after it and storing it?
The following are statistics about how we spend our money on the stuff in our lives.
Be honest, do you have things that you can sell, donate or flat-out take to the dumpster? Let’s use today as a starting point for making better decisions about the stuff we choose the have in our lives and how we can better use our hard-earned money.
Below are some statistics that hopefully encourage you to become more mindful of your consumption. (provided by makingsenseoutofcents.com
1. Women are 27% more likely than men to have no retirement savings.
2. The average household has 300,000 items.
3. Nearly 10% of households also rent self-storage units.
4. The average person who takes out a new car loan takes out $27,000.
5. 68% of people live paycheck to paycheck.
6. Annually, an average of $220 per person is spent on the lottery.
7. The average person spends 12 days per year looking for things they can’t find.
8. 26% have no emergency savings.
9. In the last few decades, the average home has nearly tripled in size.
10. Women spend 399 hours and 46 minutes shopping each year.
11. The median amount saved for retirement is less than $60,000.
12. The average household has $7,283 in credit card debt.
13. The average person wastes their gym membership.
14. The average student loan debt is $32,264.