In case you were wondering, the top 3 things that Americans spend their money on in a year are housing ($18,186), transportation ($9,049), and food ($7,203).¹ The top 3 things Canadians spend their money on are in the same exact order: housing ($18,033), transportation ($11,815), and food ($8,784).²
Those top 3 expenses might very well be about the same as your top 3, but everything else after that is a mixed bag. Your lifestyle and the unique things that make you, well – you – greatly influence where you spend your money and how you should budget.
For example, let’s say the average expenditure on a pet is $600 annually, but that may lump in hamsters, guinea pigs, all the way to Siberian Huskies. As you can imagine, each could come with a very different yearly cost associated with keeping that type of pet healthy. So although the average might be $600, your actual cost could be well above $3,000 for the husky! That definitely wouldn’t be seen as ‘normal’ by any means. However, that’s okay!
What are we getting at here? It’s perfectly fine to be ‘abnormal’ in some areas of your spending. You don’t need to make your budget look exactly like other people’s budgets. What matters to them might not be the same as what matters to you.
So go ahead and buy that organic, gluten-free, grass-fed kibble for Fido – he deserves it (if he didn’t pee on the carpet while you were away, that is)! If Fido’s happiness makes you happy, then all the power to you. Just make sure that at the end of the day, Fido’s food bill won’t bust your budget.
¹ Amoros, Raul. "How Americans spend their money." Business Insider, 9.15.2017, http://read.bi/2EGdjTG.
² "How Canadians spent their money in 2016." Statistics Canada, 12.13.2017, http://bit.ly/2HqL0pL.