Technology still a problem for many consumers' budgets

10/24/2013 | U.S. News & World Report

Technology costs can quickly eat away at the best-planned budgets. A study from the AICPA last year found that Americans spend the equivalent of 17% of their monthly mortgage or rent payment on technology, and there are no signs that this trend has reversed. The AICPA estimates that technology makes up 5.5% of total discretionary spending, which is more than the 4% of personal income people save on average.

View Full Article in:

U.S. News & World Report

Published in Brief: