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Please note, as an Amazon Associate and affiliate for other brands, I earn from qualifying purchases. This post may contain affiliate links or product reviews for which I may receive compensation. For more details, please see our Terms & Conditions and Privacy Policy pages. Thanks for visiting!
One of the most popular posts here on Family Finance Mom is the example of a family budget, based on the 2018 Consumer Expenditure data released annually by the Bureau of Labor Statistics. This month, the BLS released the data for 2020, giving us a detailed look at just how 2020 – with the pandemic, lockdowns, and recession – impacted the average family budget… for better and for worse. Read on to catch the highlights, breakdowns by household type, educational attainment, income level and race, as well as a few interesting data points that stood out from this unique year.
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[…] Get the latest 2020 data for the Average Family Budget HERE! […]