For "YearMonth", Individuals in U.S. between the ages of 36-49 that are Married, kids who have a household income of $40k-$50k spent: $223 on Restaurants/Bars/Takeout; $413 on Groceries; $276 on Auto Pmts/Expenses; $377 on Gas; $179 on Home Improvement; $42 on Home Maintenance; $0 on Mortgage; $118 on Phone; $0 on Rent; $222 on Utilities; $153 on Clothing, Shoes & Other Wear; $46 on Electronics; $390 on General Shopping; $58 on Hobbies; $12 on Office Supplies; $59 on Charity; $79 on Healthcare; $223 on Insurance; $52 on Personal Care; $28 on Pets; $74 on School & Child Care; $47 on Cable / Satellite; $37 on Entertainment; $70 on Travel.

This is compared to Individuals in U.S. between the ages of 50-65 that are Married, kids who have a household income of $40k-$50k spent: $244 on Restaurants/Bars/Takeout; $373 on Groceries; $280 on Auto Pmts/Expenses; $365 on Gas; $216 on Home Improvement; $44 on Home Maintenance; $0 on Mortgage; $125 on Phone; $0 on Rent; $222 on Utilities; $155 on Clothing, Shoes & Other Wear; $51 on Electronics; $381 on General Shopping; $52 on Hobbies; $13 on Office Supplies; $66 on Charity; $132 on Healthcare; $335 on Insurance; $64 on Personal Care; $42 on Pets; $147 on School & Child Care; $51 on Cable / Satellite; $31 on Entertainment; $88 on Travel.

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Moriah Norris-Hale

Being the oldest child stinks: (or why did I get a toaster for Christmas and my younger brother get an envelope full of cash?) Moriah Norris-Hale / 04:05 PM, Wednesday, March 10, 2010 / / Report this / Vote this up / 0

Is is because I'm well into my twenties and T is still in college? Is it because I've always been a little more Do-It-Yourself and T took a briefcase to school-- in the 2nd grade?

Or is it because you still think of me as an extension of your younger, broker days? (see above data, very telling for older vs young married w/kids)

I'm writing this in regards to Janet's question about what we got for Christmas. And, perhaps a little too tellingly, the first thing that I remembered about Christmas this year is that my little brother got an envelope stuffed with cash for a school trip he's taking this year. What did I get? A toaster. A regular old, sit-on-the-counter, brown-your-bread-toaster. (It's a great toaster. But still!)

When we were kids, my brother was always wheeling and dealing, right from the start. (I wasn't kidding, he really did take his briefcase to school in the 2nd grade). By the time he was like 8 or 9, he had his own television in his own room. (I think he told my parents he needed it for educational research purposes). I'm in my late twenties now, and I still don't own a television.

But the spending data has something to do with it. I'm the oldest child. I was little, my parents didn't have a lot of dough. We shopped at Goodwill, ate a lot of stirfry (I can't stand tofu to this day) and went camping. By the time my brother was in middle/high school and I was in college, there was a lot more eating out, a little more Gap shopping, and lot more talk of private school. (Hey, it was the 90's- the good times were rolling!)

My parents have helped me tremendously, financially and otherwise. But still, you kinda get the shaft as an older child. I can't help but wonder whether I wouldn't have cashed out if I was born a bit later in the game.
 

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