
When a $10 bill can pay for everything
August 7, 2021
Comments Off on When a $10 bill can pay for everything By admin
A bill that can pay your rent, pay your bills, and pay for your groceries can still pay for its costs, according to a new study.
The study, conducted by the non-profit group Open Banking, surveyed nearly 2,000 Americans about their spending habits, with the findings revealing that people tend to spend more on items that are considered more expensive, or on less expensive items.
The results also show that the amount of money people put toward these items is relatively small compared to their overall spending.
For example, a $100 bill can only pay for $75 of its costs in a year, whereas a $200 bill can cover about half its costs for a full year.
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