Here’s how the average American family spends their annual cash:

And we Torontonians:
2008 AVERAGE HOUSEHOLD EXPENDITURE
Concept |
Amount ($) |
Personal taxes |
19,365 |
Shelter |
18,901 |
Transportation |
10,229 |
Food |
8,132 |
Personal insurance payments and pension contributions |
4,254 |
Recreation |
4,141 |
Household operation |
3,892 |
Health care |
2,115 |
Education |
2,009 |
Tobacco products and alcoholic beverages |
1,537 |
Source: StatCan 2009 |
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How do you compare? Me? Not so much. I like to spend ridiculous amounts on fancy rice milk lattes and various vitamins, it seems.
After staring at these charts repeatedly for hours, I only now realize what’s missing (and also missing from my monthly spending): charity!
What would the world look like if we diverted just 5% of what we make to the charity of our choice?
mxo