The Fiscal Femme Anonymous Spending Survey
When I first started my money journey it was really helpful to see how much people were spending on certain things. Not because it was important to compare myself with others or that I should spend my money the same way. But more because it opened my eyes to what was possible and gave me a spending frame of reference.
I remember finding out that one of my friends spent a fraction of what I was spending on food and dining out. Yet, her life didn’t seem that much different from mine. It made me realize I had a lot of room for improvement.
Because money isn’t something we are regularly talking about with our friends, family and colleagues (yet), it’s hard to find out what other people are spending in certain areas of their lives. Friends might complain about their spending, but they aren’t often sharing specific numbers.
During our Money Parties, we run through our expenses for the past month. At the end, I ask people what areas of spending they’re most curious about. Then, I share a quick anonymous spending survey and share the results on the call.
It’s a highlight of the Money Parties for many!
I decided to take this survey to the entire Fiscal Femme community and asked all of you which areas of spending you were most curious about. I gathered data all of last month and am excited to finally be sharing the results with you.
Drumroll please…
Here are some highlights but you can get the full detail below.
91% of our community is saving
77% of our community donated in 2019
On average, our community spent $261 per person on groceries last month
2019 spending on shopping ranged from $226 to $13,000
56% of our community is paying off some kind of non-mortgage debt
THE FISCAL FEMME COMMUNITY
ANONYMOUS SPENDING SURVEY 2020
* 2 people have paid off their car in full.
** 1 person had their own wedding this year. It cost $55,000 for 131 guests.
*** One family had $9,000 in medical bills this year when they had their baby.
**** Of every category, people sounded most upset with / ashamed of their shopping spending.
FUN FACTS ABOUT OUR COMMUNITY
60% of our community has a car
91% of our community is saving
56% of our community is paying off some kind of non-mortgage debt
33% of our community attended weddings in 2019
7% of our community paid for childcare this year
30% of our community has pets
77% of our community donated in 2019