What Is The Biggest Personal Expense You Will Incur In Your Lifetime? Most People Answer With "My Home", Unless They Own An Old Harley Like Me.

It is true that your personal residence is most likely the single largest purchase you will make in your lifetime, but it is not the biggest expense you will incur in your lifetime.

The biggest expense of every American's lifetime is not food, clothing or shelter. It's not education.

IT'S TAXES! Ben Franklin once said "in this world nothing can be said to be certain, except death and taxes."

I've documented my assertion in an article here.