Friday, June 3, 2011
Americans work 500 hours a year -- two hours every work day -- just to pay for their cars, says James Schwartz of the blog The Urban Country. That's 12 and a half working weeks. Basically, you only work to pay your rent, feed your family, clothe yourself, buy iPad apps, etc. through about the end of September. Schwartz based his calculations on the average car-owning household, which has more cars than working adults -- 2.28 cars and 1.147 full-time wage earners on average.