| | | | | | $535 (N.Y.), two adults,| | | | | | three children | 55.2 | 22.4 | 5.3 | 9.4 | 7.7 | | | | | | | $312 (“mean” Englishman)| | | | | | two adults, | | | | | | three children | 55.2 | 15.5 | 8.9 | 13.1 | 7.3 | | | | | | | $300, Dr. Engel’s | 62 | 12 | 5 | 16 | 5.0 | estimates | | | | | | ----------------------------------------------------------------------- TYPICAL BUDGETS[25] ====================================================================== | AVERAGE | AVERAGE | AVERAGE |INCOME $650|INCOME $748|INCOME $846 ----------------------------------+-----------+-----------+----------- Rent | $154 | $161 | $168 Carfare | 11 | 10 | 16 Fuel and light | 38 | 37 | 41 Furniture | 6 | 8 | 7 Insurance | 13 | 18 | 18 Food | 279 | 314 | 341 Meals eaten away from home | 11 | 22 | 17 Clothing | 83 | 99 | 114 Health | 14 | 14 | 22 Taxes, dues and contributions | 8 | 9 | 11 Recreation and amusement | 3 | 6 | 7 Education | 5 | 5 | 7 Miscellaneous | 25 | 32 | 41 ----------------------------------+-----------+-----------+----------- Total | $650 | $735 | $811 ====================================================================== EXERCISES 1. What definite aims should the wise homemaker have in mind in dividing the income? 2. What ideals should affect the amount spent for food? 3. What should determine selection of the house whether owned or rented? 4. What is meant by the operating expenses of a house? 5. What ideals should determine the amount spent for clothing? 6. In what ways should the “higher life” of the family or individual be considered in the division of the income? 7. Plan to keep account of every penny of spending money for one year. Look over and criticize at the end of the year.