10/25/2013

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.

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