Mississippi vs. U.S.

2018 Spending vs Saving

MSUS
Spend less38.341
Break even34.335.9
Spend more21.718.8

Mississippi vs. U.S.

% Spent More Than Income

MSUS
200923.319.5
201221.618.5
201520.517.8
201821.718.8
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Individuals who report spending more than their household income (not including the purchase of a new home, car or other big investment) are not saving. In addition, individuals who spend about the same as their income are breaking even. Only those who spend less than their household income are able to save.

Individuals who are not balancing monthly income and expenses may find themselves struggling to make ends meet.