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Americans spend 7,000% more time watching TV than they do on their finances

Oct 29th, 2019

Watching TV is a lot more fun than going through your bank statements.

But only one of them is going to help you reach your financial goals and retire on time. And it isn’t watching “Keeping Up With The Kardashians.”

We spend on average about 70 times as much time a month watching TV as we do tending to our finances, a new study argues.

The report, from financial site The Ascent — a site run by Motley Fool — crunches the numbers from the federal government’s own American Time Use Survey.

Typical time spent a month on budgeting, financial planning and the like: One hour and 12 minutes. That’s about two minutes a day.

More: Americans spend 7,000% more time watching TV than they do on their finances

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