Housing accounts for about 37% of the average American's budget
Housing accounts for about 37% of the average American's budget. The standard measure of housing affordability is 30% of pretax income. Grant Sabatier, a self-made millionaire and the founder of the Millennial Money blog, saved $25,000 in two years by further limiting his housing expenses. Visit Business Insider's homepage for more stories. There's one area where almost everyone in the US overspends, and — spoiler alert — it isn't coffee.
Housing accounts for about 37% of the average American's budget. The standard measure of housing affordability is 30% of pretax income. Grant Sabatier, a self-made millionaire and the founder of the Millennial Money blog, saved $25,000 in two years by further limiting his housing expenses. Visit Business Insider's homepage for more stories. There's one area where almost everyone in the US overspends, and — spoiler alert — it isn't coffee.
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