Quick question: How much do you spend each year? Follow up: How much is discretionary and could be cut? In my experience very few people can answer that, re

Quick question: How much do you spend each year? Follow up: How much is discretionary and could be cut? In my experience very few people can answer that, regardless of whether they are rich or poor. The fact that I have friends--grown adults!--who don't know how much money the spend each month or year... is just astonishing! No wonder the author came to their conclusions.