financial Infographic Archives

Infographic : Why It Pays to Be Single

August 7, 2020August 7, 2020 Admin

It can be hard being single, especially when Valentine’s Day rolls around, and you see others celebrating their relationships. It’s equally difficult when TV shows and movies portray relationships as the gold standard that everyone should strive for.

The truth is that being a party of one comes with plenty of benefits. You have more time to figure out who you are and who you want to be. Spontaneity comes easily because you don’t have to consider what your partner wants. You may even pick up an interesting new hobby.

One of the best benefits of being single is the opportunity to whip your finances into shape and save a ton of money! For example, consider your monthly grocery budget. The United States Department of Agriculture estimates that the monthly cost of groceries for women under 50 is about $256. For men under 50, it’s about $302. Meanwhile, the monthly grocery cost for families of two is about $613.

Let’s do some quick math. That means each partner winds up paying about $307 per month. That’s $51 more than a single woman would pay for groceries each month and $5 more per month for men. (That’s not to mention that, if you’re single, you’ll likely spend a lot less on going out for food!)

Additionally, if you’re not in a relationship, you can live simply, take up a side hustle, and even qualify for more financial aid than you would if you had a partner.

Infographic Source:- mint.com

Infographic: What Should You Do with $25,000?

October 7, 2012October 10, 2012 Admin

Maybe you didn’t hit the mega-millions jackpot, but you’ve come into some extra cash. It might be tempting to go out and indulge, but there is probably a better way to spend that money.

In the final installment of this 3-part series, Jennifer Openshaw, America’s Chief Consumer Advocate, Wall Street Journal columnist and CEO of Family Financial Network, is back with advice on what to do with $25,000.

From purchasing an income property to deciding which upgrades to make on your primary residence, see what she says about how to make sure your financial decisions have a positive impact on your long-term financial well-being.

If you are just catching up on the series, check out Jennifer’s infographics on what you should do with $1,000 and what you should do with $10,000. The ideas range anywhere from building an investment portfolio to purchasing a new set of wheels — even getting certified in yoga instruction.

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Infographic: What Should You Do with $10,000?

October 6, 2012October 10, 2012 Admin

Maybe you didn’t hit the mega-millions jackpot, but you’ve come into some extra cash. It might be tempting to go out and indulge, but there is probably a better way to spend that money.

In the second installment of this 3-part series, Jennifer Openshaw, America’s Chief Consumer Advocate, Wall Street Journal columnist and CEO of Family Financial Network, is back with advice on what to do with $10,000.

From building an investment portfolio to purchasing reliable transportation, see what she says about how to make sure your financial decisions have a positive impact on your long-term financial well-being.

If you are just catching up on the series, check out Jennifer’s infographic on what you should do with $1,000. The ideas range anywhere from tuning up your car to making a few minor home improvements — even getting certified in yoga instruction.

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Infographic: What Should You Do with $1,000?

September 25, 2012September 24, 2012 Admin

Maybe you didn’t hit the mega millions jackpot, but you’ve come into a little extra cash — a bonus, gift, or even a small inheritance.

Sure, $1,000 might be a relatively small amount of money and it’s tempting to go out and splurge on an indulgence, but what if there is a better way to spend that money?

Jennifer Openshaw, America’s Chief Consumer Advocate, Wall Street Journal columnist and CEO of Family Financial Network, is lending her expertise about what you should do with $1,000.

The following infographic explores the best way to spend $1,000 — whether you spend it, invest it, or even grow it.

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Infographic: 80 Years of Financial (de)Regulation in the U.S.

September 17, 2012 Admin

Since the Great Depression in 1929, the U.S. has experienced an assortment of financial catastrophes and victories. How the nation has responded to these events has shaped the financial regulation landscape into what it is today.

The following infographic breaks down the last 80 years of U.S. regulation and deregulation and highlights the industries most affected by the various events.

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The meaning of investment

September 3, 2012August 27, 2012 Admin

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Internet Safety: Online Threat Facing College Students, Identities and Credit Cards

May 30, 2012May 20, 2012 Admin

With wifi, smartphones and broadband available almost everywhere, college students are constantly connected to the web. While the internet has simplified some aspects of life, providing greater access to information, in some ways it has complicated the life of the modern day student. This is especially true when looking at the risks that increased internet usage can pose.

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How Alcohol Affects Student Credit Card Debt and Grades

May 28, 2012May 27, 2012 Admin

The answer to success may be as easy as cutting back on alcohol consumption in college. At least that is what data is now showing. When you take the time to look at statistics, you can see how alcohol, debt and academic success all work together.

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Infographic: What is Quantitative Easing?

May 18, 2012 Admin

When traditional methods used to stimulate the economy don’t work, what do governments do?

Quantitive easing, defined as “a government monetary policy occasionally used to increase the money supply by buying government securities or other securities from the market,” is often used to increase the money supply and promote lending and liquidity. Fan or foe, it’s an unconventional monetary policy used during deep recessions.

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Infographic: Are Parents Open With Their Kids About Financial Matters?

May 17, 2012 Admin

While finances might not be everyone’s favorite dinnertime conversation, parents who teach their children about money give them a head start on the road to financial success.

Whether your version of teaching children about money is giving them an allowance to budget, opening a savings account, or simply talking about how much things cost, opening their young eyes to the world of personal finance gives them a toolset they will use for life.

Based off a survey by T. Rowe Price, this infographic explores how often parents are talking to their kids about money, as well as which personal finance topics children are most interested in learning about.

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