Salt Lake Telegram | 1926-03-17 | Page 8 | Mondy at Work

t II WITH INCREASED INCOME THE PERCENTAGE OF EXPENDITURE FOR fOR- J I I. I FOOD FOOD 2 2 CLOTHING I IS 15 H THE AWE l' l l a S 5 I FUEL S ETC TC J n q RECREATION IS GREAT GRAT CREATOR The percentage of the rich mans man's income spent for clothing is approximately ap ap- ap proximately the tho same as that of the poor man S SS Careful studies of the tha budgets of ofa ofa ofa a number of families both in Europe Europe Eu Eu- rope nope and America have revealed In Interesting Interesting interesting In- In facts as to the comparative comparative comparative tive expenditures of 01 families In different dif dit- dif dif- ferent fez circumstances for tor various types of utilities These studies have havo led to the formation of definite doll doll- nite nito laws of ot family expenditure As the Income of a family Increases In In- creases these laws hold 1 The percentage of 01 expenditure expenditure expenditure expendi expendi- ture for lor food tood deci decreases eases 2 The percentage for clothing remains practically the same 3 The percentage percentage percentage per per- for tor rent fuel and light Is in variable 4 4 The percentage for education health recreation etc rises In other words the poor man must spend much of his income for forthe forthe forthe the bare necessities of existence The rich man spends the same proportion proportion proportion pro pro- portion of his income for clothing although the total is much larger lars What the rich man saves on food he expends In Increased luxuries Copyright 1926 Associated Editors Edi Edl- tors tons Inc nc 4 SS S S r 5 d. d