
Average Monthly Expenses by Category - NerdWallet
The latest data show average monthly expenses of $6,440 for consumers, according to the 2023 Consumer Expenditures Survey.
According this study, the living expense
of one person is around 40k annually and around 70k annually for two people. So you'll be adding another 30k annually to your living expense if you decide to be the financially provider for another person.
Why would you unnecessarily add 30k annually to your living expenses?
Why not invest it into something more lucrative?
I don't understand it. It doesn’t make any financial sense.