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How do your next door neighbors spend their money?

Didn’t you always wonder what your next door neighbor spends on their money on every year? Or maybe you were curious on whether you spend more or less than you should based upon your current income levels? The answer to these and many other questions can be discovered on a new website called www.bundle.com.

Bundle is a fresh new website still in its testing stage that aggregates data from many different vantage points to give you incredible details on what people just like you spend from utilities to home repairs to dining out.

For example, if you are ages 36 to 49, are married with kids, and make $100k to 125k, here are the statistics according to Bundle. They say in Alpharetta, GA that the average demographic spends $1,144 in food and drink, $1,723 in shopping, and $405 in travel and leisure. Perhaps Bundle hasn’t been to Alpharetta as of late to see what kind of shopping is being done at the mall.

These new tools can be fabulous for looking as some fun financial statistics, but they simply don’t replace doing a comprehensive financial plan with your personal data. While you may have a great interest in the overall economy, what you should focus on most is that your personal economy. I often wonder what people around me spend their money on, but I know for sure that they won’t help me retire. Bundle up!

Other Great Articles – Share A Taxi And Save Money , What did it cost a decade ago? , What If Tiger Woods Was A Stock? , The Top 10 Travel Websites , Analyze Your Cell Phone Bill , Complete Stain Removal Guide , 7 Money Tips for a New Marriage.

oXYGen Financial, Inc. co-CEO Ted Jenkin is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

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11680 Great Oaks Way, Suite 175 | Alpharetta, GA 30022

Phone 1.800.355.9318 or 770.777.0427

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc.

Securities and Investment Advisory Services offered through NFP Advisor Services, LLC (NFPAS), Member FINRA/SIPC. Oxygen Financial is not affiliated with NFPAS.

About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves

Hey!

My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

Read More About Ted Here

Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor regarding your individual situation. 

Background and qualification information is available at FINRA's BrokerCheck website.

One Comment

  • Avatar
    May 18, 2010

    Wow. This will be a great tool in learning how to budget by seeing how others budget. Thanks.

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