futuramb:

emergentfutures:

How America Spends Money: 100 Years in the Life of the Family Budget

Paul Higgins: great story and analysis of the change of family budgets from necessities to discretionary spending (although some would now say that some of the discretionary spending is necessary). The ratio in the USA of spending on housing to food has gone from 0.534 in 1900 (i.e. almost twice as much spent on food as housing) to 2.538 (more than 2.5 times spent on housing as on food). At the same time family sizes have shrunk.

Full Story: The Atlantic

This is really good material for pondering about the future.

One to think about the next time you hear complaints about big-box supermarkets or how somehow the poor get poorer under western capitalism.

1 year ago

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   -A good way to think of budgeting is in thirds. 1/3rd for housing, 1/3rd for saving/investing, and 1/3rd food and fun.

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   not yet begun to succeed — join me

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    One to think about the next time you hear complaints about big-box supermarkets or how somehow the poor get poorer under...

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