How Much Money People Will Spend On the Fourth of July

The majority of Americans plan on spending less than $100 to celebrate the Fourth of July tomorrow.  However, one in 10 people will spend over $500, and one in 50 will drop more than $1,000 according to a new study, 

  So what are people spending their hard earned money on? 

1.  Food, 54%.

2.  Alcohol, 14%.

3.  Fireworks, 14%.

4.  Travel, 8%.

5.  Patriotic items, 2%.

Yes, that means 28% of Americans are putting most of their Independence Day cash into fireworks or booze. 

Source: Student Loan Hero

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