Housing, food, transportation, and clothing account for an estimated 66% of income spent for an average American household in 2012.
According to The Atlantic, housing, food and clothing account for more than 60% of expenses for the poor. Basically, most of their income is spent is covering basic needs and not much, or none, is left for savings. The rich, by contrast, have a larger margin that can be spent in entertainment, insurance, and savings.
In this interesting infographic, created by Jack Hagley, we take a look at the world as if the total population of the world was 100 people. The information presented covers topics such as the distribution of gender, information, spoken languages, literacy, religion, age, housing, water, nutrition, and population inhabiting each continent.