xkcd: Algorithms are hard

More money on average means bigger houses, more expensive cars, and fancier restaurants. But what if you look at relative spending instead of total dollars?

You’re going to see probability values mentioned a lot these next few months. Many people will misinterpret. But not you.

After living expenses, where does the money go, and how does it change when you have more cash available?

It was a challenge to choose a name for my …