{"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":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_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":1170,"url":"https:\/\/hill-kleerup.org\/blog\/2001\/10\/05\/do_the_math_not.html","url_meta":{"origin":50095,"position":0},"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":27600,"url":"https:\/\/hill-kleerup.org\/blog\/2012\/04\/26\/money-back-with-obamacare.html","url_meta":{"origin":50095,"position":1},"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":139175,"url":"https:\/\/hill-kleerup.org\/blog\/2019\/06\/12\/terms-of-engagement.html","url_meta":{"origin":50095,"position":2},"title":"Terms of Engagement","author":"***Dave","date":"Wed 12-Jun-19 6:46pm","format":false,"excerpt":"The US wants to Europe to spend more on defense ... or, rather, on US weapons.","rel":"","context":"In &quot;~Tweets&quot;","block_context":{"text":"~Tweets","link":"https:\/\/hill-kleerup.org\/blog\/category\/blogging\/tweets"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/06\/German-Tornado-fighter.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/06\/German-Tornado-fighter.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/06\/German-Tornado-fighter.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/hill-kleerup.org\/blog\/wp\/wp-content\/uploads\/2019\/06\/German-Tornado-fighter.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":137579,"url":"https:\/\/hill-kleerup.org\/blog\/2019\/01\/02\/cue-gop-pearl-clutching-about-the-the-federal-debt-in-3-2-1.html","url_meta":{"origin":50095,"position":3},"title":"Cue GOP pearl-clutching about the The Federal Debt in 3 &#8230; 2 &#8230; 1","author":"***Dave","date":"Wed 2-Jan-19 5:53pm","format":false,"excerpt":"Concerned that the Dems were always winning elections (at least on the House level) because they could play Santa Claus with social programs and infrastructure spending bills and the like, beginning with Ronald Reagan the GOP have pursued the \"Two Santa Clauses\" strategy:1. When the GOP is in power, cut\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":6617,"url":"https:\/\/hill-kleerup.org\/blog\/2004\/08\/12\/a_representatio.html","url_meta":{"origin":50095,"position":4},"title":"A representation on taxation","author":"***Dave","date":"Thu 12-Aug-04 8:27am","format":false,"excerpt":"Up-front caveat: I am neither an economist (nor do I play one on TV), nor have I done a tremendous amount of study on this matter. But since it's an...","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":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":5},"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":[]}],"_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}]}}