The Clippings: How The Poor, The Middle Class And The Rich Spend Their Money : Planet Money : NPR #MatchingMillions

How do Americans spend their money? And how do budgets change across the income spectrum?

The graph below answers these questions. It shows average household spending patterns for U.S. households in three income categories — one just below the poverty line, one at the middle of the income distribution and one at the top of the distribution.

Source: Bureau of Labor Statistics

Credit: Lam Thuy Vo / NPR

Both the similarities and the differences are striking.

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