If I Only Had a Dollar

Economist published “The Big Mac Index” a lighthearted approach to analyzing the difference between actual prices and exchange rates. Starting from this, Master-of-Finance.org has put together some updated stats on the cost of the Big Mac in different countries and, for comparison, what 1 US dollar can get you.

State of SEPA

SEPA is a major step towards a single integrated Euro payments market. Its aim is to allow companies, public authorities and individuals to issue and receive payments within countries of the SEPA zone, as swiftly as local payments can be processed today. This infographic shows some aspects concerning SEPA implementation in EU.

Check Yourself Before You Wreck Yourself

Surprisingly, 65% of adults have never checked their credit report, and 60% of those adults have never viewed their credit score. Your credit score says a lot about you, and it can impact some of the largest purchasing decisions in your life. Ignoring your credit report can also leave you unaware of mistakes that could drop you into a lower credit score bracket.

Self-Employed Retirement Savings Habits

While the traditionally employed are being enrolled in company-sponsored 401(k)s with regular automatic contributions, nearly 70 percent of self-employed are often not saving for retirement on a regular basis – or at all – according to this survey of self-employed Americans.

Where Startup Funding Really Comes From

According to data compiled by Fundable, only 0.91 percent of startups are funded by angel investors, while a measly 0.05 percent are funded by VCs. In contrast, 57 percent of startups are funded by personal loans and credit, while 38 percent receive funding from family and friends. In this infographic, Entrepreneur.com looks at where startup funding comes from.

What Is Next For The Federal Reserve?

With Ben Bernanke’s tenure as Chairman of the Federal Reserve coming to a close and a new chairman being selected, it’s helpful to take time to review the impact Bernanke has had on our nation’s economy. Many have praised Bernanke for work he has done as chairman. Bernanke has also had what many consider to be his fair share of failures. So what’s in store for the Federal Reserve once Bernanke steps down?