The average American family spends roughly 90 percent of its annual income on housing, transportation, food and other items. More than 60 percent of families own their homes, and the average home has 2.5 residents. More »

www.reference.com Business & Finance Household Budgets

Identifying an "average" budget is tricky as each person customizes spending based on income. However, Hands on Banking indicates that a typical family of four with a moderate income of $3,500 in take-home pay would have... More »

www.reference.com Business & Finance Household Budgets

Average American families spend approximately $1,600 to $1,800 annually on clothing, shoes and accessories, which translates to between 3 and 4 percent of their household incomes. The numbers for expenditure on clothes r... More »

Compare the cost of living between two cities by analyzing your personal salary, adding the cost of your personal expenses such as housing and food in the two cities, and then subtracting the expenses from your annual sa... More »

www.reference.com Business & Finance Household Budgets

The five primary ways to be frugal are through cutting food and entertainment costs, lowering transportation expenses, reducing debt, downsizing housing and purchasing fewer consumer items. Grocery expenses can be reduce... More »

www.reference.com Business & Finance Household Budgets

Write a budget form by keeping track of all costs for housing, food, transportation, family, health and finance, and subtracting that number from overall income to develop a budget. Templates for such forms are available... More »

www.reference.com Business & Finance Business Resources Accounting

Some of the basic rules to keep in mind when devising a family budget include spending less than the income, using cash instead of credit cards, prioritizing, saving a given amount and tracking all expenses, as stated on... More »

www.reference.com Business & Finance Household Budgets