79.8k views
0 votes
Why do Americans primarily spend a lot of money?

User Dtroy
by
8.9k points

1 Answer

2 votes

Answer:

Low savings habits vs high expenditure habits

Step-by-step explanation:

Americans have the habit of expend most of their income in actions like buying houses with loans. And the savings that should be of the 10% of the income are not behaviors that are adopted for the most of americans.

User Jakub Bujny
by
7.3k points