The charts given show the average budget of middle – income families in the years 2010 and 2012.
When comparing the two charts, similarities and differences are noted. For instance, in both years, housing expenses made up for the majority of the budget, while vacation and miscellaneous expenses had the least funds contributed to.
Differences include a rise of expenses in the year 2012 when compared to 2010. Housing costs increased by 15%, food and clothing expenses also increased by 10%. Also, vacation expenses decreased by 15% and expenses for miscellaneous items decreased by 10%. It is also observed that half the budget in 2012 is spent towards housing, while half the budge in 2010 wnet towards food, clothes, and vacations.
In conclusion,
When comparing the two charts, similarities and differences are noted. For instance, in both years, housing expenses made up for the majority of the budget, while vacation and miscellaneous expenses had the least funds contributed to.
Differences include a rise of expenses in the year 2012 when compared to 2010. Housing costs increased by 15%, food and clothing expenses also increased by 10%. Also, vacation expenses decreased by 15% and expenses for miscellaneous items decreased by 10%. It is also observed that half the budget in 2012 is spent towards housing, while half the budge in 2010 wnet towards food, clothes, and vacations.
In conclusion,