Bank of America’s Merrill Edge Report is a semi-annual study that offers an in-depth look at the financial concerns, priorities and behaviors of mass affluent consumers, defined as people with $50,000-$250,000 in total household investable assets. Here is the data compiled in an easy-to-read infographic.
Could we be moving towards a global currency? Only two percent of foreign exchange transactions relate to real world goods and services, meaning that 98 percent are purely speculative transactions. This in turn triggers foreign exchange crises. Check out the following infographic from Money Choice to learn more about the future of money.
Who’s on your money? NerdWallet put together this infographic just in time to Presidents’ Day and it breaks down which presidents are featured on U.S. currency and also shares fun facts about each denomination.
With its explosively popular products and knack for design, Apple maintains a wide profit margin on its products while keeping its R&D and lobbying costs relatively low. It’s not always clear how Apple spends its money, but check out this breakdown of expenses from www.master-business-administration.org for some clues about its formula for success.
The danger signs of a misaligned workforce in banks and credit unions are there. One simply needs to know what to look for and understand the potential costs. The good news is that the road ahead can be much less bumpy if managers and employees use an automated process to align their goals.
The International Chamber of Commerce (ICC) estimates that counterfeit goods are now worth more than 5% of world trade and that by 2012 the value of global counterfeit goods will exceed $1.7 trillion. As you can see, counterfeiting is an issue. Check out this infographic presented by Camcode to learn more about counterfeiting.
In the following infographic, designed by Beckon Media Inc. in partnership with California Cryobank , take a trip back to 1960 to see how much it cost to raise a child 5 decades ago. Compare it to the cost of raising a child in 2011, and you may just be surprised at what you find.
From paying allowances to opening bank accounts, when it comes to teenagers and money, parents often play the role of employer, teacher and financial advisor. Money management for teenagers can be challenging, but with the Money 101 guide, parents can learn how to promote saving over spending.
This infographic by NerdWallet breaks down the numbers behind the Forbes 400 Richest Americans to find out which industries are the most prominently represented by the super rich. It shows how, of the 400 richest Americans, just over half made their fortunes in either finance, retail, tech, and oil & energy (the top 4 represented industries on the list).
MyVoucherCodes.co.uk recently surveyed 100 family members and friends about their spending habits. The results were surprising to say the least! While many felt in control when haggling prices down, a number of Brits felt embarrassed. Almost half of those surveyed have eaten cereal for dinner to cut costs, while almost all had used a voucher code.
Mixing psychology, neuroscience and consumer analysis, this infographic by MoneySupermarket investigates whether there’s more to our spending and saving habits than just personal preference, and provides tips about how to manage the financial inclinations that are hardwired into our brains.
Across the country, higher education costs are at an all-time high. College students, who are notorious for living on a tight budget, are looking for ways to stretch their income even further. The infographic below by Nationwide takes a look at college student spending habits — how much they earn, what they spend, and how they manage their money.
Where have the good days gone? In the 1950s everything was so simple. You had your little house, one car, and everything was affordable. Today, everything seems to be too expensive and there are millions of people living in poverty. Could it be the two income trap?
Oil and gas investments can be somewhat complex for the average investor. This infographic by U.S. Oil Properties will explain the tax benefits of direct oil investments, how they are structured, as well as how the revenue is ultimately paid back to investors.