Finance & Money Infographics
Twelve million Americans rely on payday loans each year to manage income volatility or handle unexpected emergencies. Unfortunately, many people fall victim to predatory lenders. This infographic lists the most common pitfalls of payday loans and shows the steps consumers can take to avoid them.
This infographic uses the U.S. Census Bureau data to visualize the poorest zip codes in the entire country. A zip code in Erie, Pennsylvania is the poorest of them all, with a median income of $10,873 and a mean income of $14,780. To put that into perspective, consider that the U.S. Department of Health and Human Services states that the federal poverty level for a family of four is $25,100 and for an individual is $12,140!
The team at TitleMax.com calculated what the world’s richest people of past would’ve made in today’s dollars. In some cases, it is trillions! Using expert estimates and adjusting for inflation, these are the top earners in the world who have ever lived. You’ve got a long way to go, Jeff Bezos.
Virginia is home to the country’s wealthiest county (Loudoun, VA) but also the biggest in-state wealth disparity between its wealthiest and poorest counties. This infographic takes a deep dive into the poorest and wealthiest counties in the U.S., looking closely at each state’s median income on the county level, and the data is pretty surprising.
Debt has become a humongous financial burden to many Americans as they are weighed down by mortgages, student loans, auto loans, and credit card debt. But just how much debt are Americans really in? This infographic breaks down the median debt of Americans based on various demographics such as their age, education level, race/ethnicity, occupation, family structure, and even their debt by net worth.
Technology has impacted virtually every industry, particularly the financial sector. Whether it’s the development of new forms of currency or expanding how and where investors can trade, the financial industry is evolving at an unprecedented rate. Mobile apps, online lending platforms, and smaller, more agile organizations are successfully competing with large, established firms.
Millennials or Gen Yers are a perfect example of how the passing of time produces a generation with different sets of values and beliefs. For example, among millennials, there’s that notion that it’s not wrong to spend money on things that help them in their everyday life. These might include the latest gadgets such as mobile phones, tablets, or laptops.
2018 was definitely one of the toughest years for the world of Cryptocurrency. However, there were also major optimistic signs, such as the increase in the number of blockchain wallets and major technical development. You will learn more about the positive developments and major news and activities in the following infographic. It will brief and explain to you a full round-up on everything about cryptocurrency in 2018.
With student loan debt tipping the deficit scales at a now record high of $1.5 TRILLION dollars, the folks at Docupop couldn’t help but wonder, “How the heck did we get here?” To learn how our country got to what many refer to as, “America’s Student Debt Crisis,” check out the following infographic for a historical 101 of student loan events.
College debt is a growing problem, and it’s shaping the lives of recent grads by limiting opportunities, increasing financial pressure, and restricting personal milestones. However, college students aren’t without choices. By making smart decisions during the college years, it’s possible to avoid college debt altogether. OneClass has put together this blueprint to graduating college with zero debt.
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