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18 September, 14:11

Why do Americans primarily spend a lot of money?

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  1. 18 September, 14:30
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    Low savings habits vs high expenditure habits

    Explanation:

    Americans have the habit of expend most of their income in actions like buying houses with loans. And the savings that should be of the 10% of the income are not behaviors that are adopted for the most of americans.
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