Consumer IQ

Discretionary Dough: How Much Extra Cash Do Americans Have?

A recent study by Experian breaks down how much discretionary income Americans have and what exactly they are doing with it. All in all, Americans spend an estimated $1.47 trillion annually on discretionary goods and services. For most, the money after taxes, bills, and basic needs are covered is hard to come by, which means that a select few are spending some major bucks. Click on “Launch Infographic” to find out where Americans are spending their discretionary dough.