How the Typical American Day Has Changed in the Last 15 Years
– Average time spent on activity: 0.69 hours/day (-18.8% 15-year change)
– Population engaged in activity: 18.7% (+19.9% 15-year change)
– Average time spent on activity: 0.85 hours/day
– Population engaged in activity: 15.6%
One of the primary aspects of household management is finances, something Americans, in general, tend to struggle with.
Establishing a budget and tracking finances can take a significant chunk of time. The private debt settlement company, National Debt Relief, reports that six out of 10 Americans spend without a budget, which may be a major contributor as to why household management costs dropped so much over the past 15 years.