The chart shows income and spending in different age groups in America in 2013. It tells how much money people make and spend.
Young people under 25 make 23,000 dollars, but they spend 30,000 dollars. It is more than they earn. People from 25 to 34 make more money, 49,000 dollars, but they also spend a little more, 52,000 dollars.
The middle-age group, 35 to 44, earns the most money, 65,000 dollars. They spend less, 58,000 dollars, so they save some money. People from 45 to 54 have the highest income, 70,000 dollars, and spend 59,000 dollars. They save even more.
Older people, 55 to 64, earn 65,000 dollars but spend 55,000 dollars. When people are 65 to 74, their income goes down to 48,000 dollars, and they spend 47,000 dollars. The oldest group, over 75, earns the least money, 38,000 dollars, and spends more, 44,000 dollars.
In conclusion, people earn more money in middle age and spend less when they get older. Young and very old people spend more than they earn.
