CPA Financial Musings: How Americans Spend: 1993 vs. 2013

How do we in the US spend our money now compared to 20 years ago?  The Department of Labor released 2013 spending data which when compared to 1993 shows some interesting changes.  See more breakdowns by age catagories in this post by Rani Molla in The Wall Street Journal:

http://blogs.wsj.com/numbers/how-americans-spend-1993-vs-2013-1763/

One interesting thing is that while tobacco use is down over 20 years in all the age catagories, alcohol usage is only down significantly in the under 25 group, but is down only slightly in the 35-44 group and up slightly in the over 65 group.  Housing is higher across the board (what a surprise!)

Spending CutsDollar Mag Glass For financial,  accounting and tax musings,

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