We're all guilty of not always adopting the most frugal lifestyle. Whether we're eating out more than we should, signing up for every streaming service we see, or grocery shopping without a list .
The average American spends about $6,080 a month, according to the most recent Bureau of Labor Statistics data. This is a 9% increase from the previous year. Unfortunately, many people struggle with.
In the United States, the concept of being rich is often a subject of discussion, curiosity and, sometimes, aspiration. Charles Schwab's 2023 Modern Wealth Survey provides insights into this topic, revealing that the average American equates being wealthy with a net worth of approximately $2.2 million. Although the most recent data from the Federal Reserve reveals the average American household is a millionaire with a net worth of $1.06 million, looking at the median or midpoint value portrays a