00:00Here's what the average budget looks like in 2023. It was estimated that after taxes,
00:05the median take-home pay was about $3,300 per month. Of that, $2,000 goes towards rent,
00:10$690 towards food, and almost $100 towards healthcare. And that's already $2,800 per
00:17month on just the essentials to live your life, and that doesn't even include a car payment to
00:22get to work, for which the average is about $500 per month for a used car and $700 a month for a
00:29new car. That right there is already over $3,300, which exceeds the total monthly budget for the
00:35average American person.
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