{"id":50095,"date":"2015-04-16T09:17:59","date_gmt":"2015-04-16T15:17:59","guid":{"rendered":"http:\/\/hill-kleerup.org\/blog\/2015\/04\/16\/how-we-spend-our-money-based-on-how-much-money-we-have-to-spend.html"},"modified":"2015-05-06T11:50:15","modified_gmt":"2015-05-06T17:50:15","slug":"how-we-spend-our-money-based-on-how-much-money-we-have-to-spend","status":"publish","type":"post","link":"https:\/\/hill-kleerup.org\/blog\/2015\/04\/16\/how-we-spend-our-money-based-on-how-much-money-we-have-to-spend.html","title":{"rendered":"How we spend our money (based on how much money we have to spend)"},"content":{"rendered":"<p>Some interesting data from the BLS looking at differences and similarities in how different income brackets spend their money. Not surprisingly, the wealthier spend more in absolute terms, but generally less in percentage of income terms &#8212; except when it comes to savings as a &quot;spend,&quot; where increased affluence allows for increased reserves for the future.<\/p><\/blockquote>\n<blockquote class=\"sm2wp\"><p>\n<a style='display:inline;' href='http:\/\/www.washingtonpost.com\/blogs\/wonkblog\/wp\/2015\/04\/14\/where-the-poor-and-rich-spend-really-spend-their-money\/?tid=pm_business_pop_b'><br \/>\n<img src='https:\/\/lh6.googleusercontent.com\/proxy\/Gl8W5yXugRVOTAZgAG4Gb08QeOLqaqnWICv_Nnm9iMi0-TPt8A2go2ep-QTeSNbGe61cS26SM8smKduXZsuFNqLrTZbJ60QpuU0lGchXM2FTdWmxS-qyGTJp6lqX--mDIBjIqjiKnZAs5f1nvCNs5EQ6HI6tXRL4-0awXNBaNgNvY4C4wevbBTT-HnvLwhNNTPGOPAQ_hgycQ4khqfMDFNwdYFQZuxFps2s69w=w506-h303-p' border='0' style='max-width:650px;'\/><br \/>\n<\/a><br \/>\n<span style='font-size:large;'><a href='http:\/\/www.washingtonpost.com\/blogs\/wonkblog\/wp\/2015\/04\/14\/where-the-poor-and-rich-spend-really-spend-their-money\/?tid=pm_business_pop_b'>Where the poor and rich really spend their money<\/a><\/span><br \/>\nLawmakers in several states are urging limits on what you can buy with food stamps, but when it comes to grocery shopping, rich and poor actually make very similar decisions.\n<\/p><\/blockquote>\n<p><span style='font-size:small;'><a href='https:\/\/plus.google.com\/+DaveHill47\/posts\/jZHnuzvskZv'>View on Google+<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some interesting data from the BLS looking at differences and similarities in how different income brackets spend their money. Not surprisingly, the wealthier spend more in absolute terms, but generally less in percentage of income terms &#8212; except when it comes to savings as a &quot;spend,&quot; where increased affluence allows for increased reserves for the &hellip; <a href=\"https:\/\/hill-kleerup.org\/blog\/2015\/04\/16\/how-we-spend-our-money-based-on-how-much-money-we-have-to-spend.html\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How we spend our money (based on how much money we have to spend)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[106,528,77],"tags":[],"class_list":["post-50095","post","type-post","status-publish","format-standard","hentry","category-plusposts","category-economic-justice","category-economy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":27600,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/04\/26\/money-back-with-obamacare.html","url_meta":{"origin":50095,"position":0},"title":"Money back with Obamacare","author":"***Dave","date":"Thu 26-Apr-12 1:57pm","format":false,"excerpt":"Specifically, with the Medical Loss Ratio portion of the bill, which requires insurance companies to spend at least 80-85% of the money on, y'know, actual health care, not administrative costs, CEO salaries, advertising campaigns, fancy new HQs with teak paneling in the foyer, weekend retreats, etc., or rebate the difference\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45328,"url":"https:\/\/hill-kleerup.org\/blog\/2014\/09\/17\/sometimes-it-takes-money-to-save-money-social-policy-wise.html","url_meta":{"origin":50095,"position":1},"title":"Sometimes it takes money to save money, social policy-wise","author":"***Dave","date":"Wed 17-Sep-14 10:56pm","format":false,"excerpt":"The traditional approach is to try and treat the underlying problems of the chronic homeless, so that then they are stable enough to keep a home. It turns out that actually getting the chronic homeless into a home makes it a lot more likely that their underlying problems will get\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28639,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/07\/17\/how-americans-spend-their-money.html","url_meta":{"origin":50095,"position":2},"title":"How Americans spend their money","author":"***Dave","date":"Tue 17-Jul-12 11:33pm","format":false,"excerpt":"Do we spend more on bottled water or on lawn care? On beer or on chocolate? On baggage fees or on tattoos?The answers are alternately fascinating and depressing ... Embedded Link By the Numbers: How Americans Spend Their Money - Mental Floss By the Numbers: How Americans Spend Their Money\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41435,"url":"https:\/\/hill-kleerup.org\/blog\/2014\/03\/15\/now-is-the-time-we-spend-money-on-frames.html","url_meta":{"origin":50095,"position":3},"title":"Now is the time we spend money on frames","author":"***Dave","date":"Sat 15-Mar-14 2:04pm","format":false,"excerpt":"But art! \ufeff View this post on Google+","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2014\/03\/14%2B-%2B1.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1170,"url":"https:\/\/hill-kleerup.org\/blog\/2001\/10\/05\/do_the_math_not.html","url_meta":{"origin":50095,"position":4},"title":"Do the math &#8230; not.","author":"***Dave","date":"Fri 5-Oct-01 7:22am","format":false,"excerpt":"Okay, I haven't found the source for this, but I am sure that yesterday on the radio I heard that, on top of all the increased military spending, all the...","rel":"","context":"In &quot;Politics &amp; Law&quot;","block_context":{"text":"Politics &amp; Law","link":"https:\/\/hill-kleerup.org\/blog\/category\/politics-law"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41830,"url":"https:\/\/hill-kleerup.org\/blog\/2014\/04\/27\/spending-priorities.html","url_meta":{"origin":50095,"position":5},"title":"Spending Priorities","author":"***Dave","date":"Sun 27-Apr-14 9:19pm","format":false,"excerpt":"There's clearly money to spend. The question is, what do we choose to spend it on.Of course, there are any number of alternative things to spend it on, from better food or medical care for the poor to space colonization to infrastructure to nuclear aircraft carriers to simply not collecting\u2026","rel":"","context":"In &quot;~PlusPosts&quot;","block_context":{"text":"~PlusPosts","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/plusposts"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2014\/04\/IMG_8817744261186.jpeg.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/50095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/comments?post=50095"}],"version-history":[{"count":1,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/50095\/revisions"}],"predecessor-version":[{"id":50450,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/posts\/50095\/revisions\/50450"}],"wp:attachment":[{"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/media?parent=50095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/categories?post=50095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hill-kleerup.org\/blog\/wp-json\/wp\/v2\/tags?post=50095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}