apparel

The U.S. Bureau of Labor Statistics recently released it’s consumer expenditures report for 2011 and it tells a tale of increasing expenses for American families. A big shift took place that has created a deficit of – $2,272 for the average family of four compared to 2010. What this means is that while the average income has gone up for this family by an average of $57, expenses have skyrocketed by $2,329! Families are feeling the pinch!

So… let’s take a peek at the answers to two questions: Where is that money going? and What can you do to offset those increases? More