Your healthcare costs make the list
We asked certified financial planners Colin Moynahan and Christine Centino to tell us the most expensive things the average American will pay for on over a lifetime. While buying a house is the biggest expense, they listed a few other things many of us don't realize we're spending a lot of money on over time, including health insurance, taxes, and even furniture. Buying a car also made the list, especially when considering today's longer loan terms and higher interest rates.
We asked certified financial planners Colin Moynahan and Christine Centino to tell us the most expensive things the average American will pay for on over a lifetime. While buying a house is the biggest expense, they listed a few other things many of us don't realize we're spending a lot of money on over time, including health insurance, taxes, and even furniture. Buying a car also made the list, especially when considering today's longer loan terms and higher interest rates.
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