Saving Is the Biggest Money Resolution This Year
The younger you are, the more likely you are to make saving your top New Year’s resolution.
Explore financial infographics that show you what steps to take next
The younger you are, the more likely you are to make saving your top New Year’s resolution.
Most human resources managers use thank-you notes as leverage when making a hire, but most candidates don’t give them.
Scammers are getting trickier and consumers are falling for it.
Some cities are more stressed out than others during the holidays, while many are happier this season.
Half of Americans create a holiday budget but most of us have busted our budgets before.
Americans looking for deals aren’t pricing out final costs before buying.
Parents with budgets are more likely to shop online rather than in-store to avoid impulse buys.
Most shoppers will complete — not start — their holiday shopping by the time Cyber Monday ends.
Many Americans would prefer spending time with family and friends over buying presents for them.
The new season of Mythbusters starts tomorrow. Debt.com’s Money Mythbusters bust these common money myths today.
High home values, income, and population give San Francisco the best place for kids to get the most amount of candy in the shortest amount of time.
Most companies aren’t prepared for data breaches, as more than half of U.S. companies have been hacked so far this year.
When you drive more, it means you are at more of a risk to get into an accident than those who drive less.
We’re most scared of dealing with emergencies, losing our jobs, and outliving our savings.
Whether it’s retirement, health care, or identity theft, Trump has done some frightening things — that’s no trick.
This map will show you where you can make the most of your disposable income.
Nearly 9 in 10 Hispanics have checked their scores because they’re actively looking to buy a home or get a loan. More Hispanics are checking up on their credit than Americans overall.
Workers spend an average of five hours a week on their phones doing nonwork things and their employers don’t like it. They also think their workers are doing it more often than they really are.
Whether you were a victim or want to donate money, here’s our advice to protect yourself after the storm
Fly from your city to another city, buy a car and drive home and you will still pay less than if you had bought that car locally.
Most Americans think planning their own funerals is important, but most aren’t actually doing it.
Most drivers know that DUIs will make their insurance rates go up, but many may not know that minor driving infractions, like speeding and careless driving, will make your insurance premiums go up, too.
More than half of parents shop with a back-to-school budget and expect a rise in expenses this year. But parents are working the extra expenses into their budget.
Women are not only better at saving, but also at investing. However, women don’t know they are better than men at money management.
Consumers are paying much more in cash advances than what they take out. Here’s a breakdown of the costs.
College graduates value their degrees even though they can’t afford to live on their own.
Whether it’s a text message, phone call, email or letter, your banking institution can let you know when fraudulent activity occurs on your account. Do you get fraud alerts?
Most entrepreneurial moms are still the primary caretakers of their families, but that hasn’t stopped them from leading hugely successful careers.
Millennials don’t know what basic money terms are, and that’s a big problem.
Men are more likely to ask for financial advice than women. What’s holding women back from talking about money?
You probably don’t know enough about financial literacy, and your parents are to blame for it.
Amazon Prime has turned into a must-have for homes with teens in them. If you’ve got kids, it’s likely you’ll have Amazon Prime.
Unless you’ve got a mighty hefty inheritance or have been lucky enough to be born into money, you’ve gotta work. And you’re probably stressed about it.
Trump thinks so, but research shows they do far more good than harm.
For Equal Pay Day, women are still far behind men and won’t see equal pay for more than 200 years.
Parents are downsizing and delaying retirement to make sure their kids and their savings are both in tact.
Lack of communication about finances can ruin relationships. Most marriages that end in divorce prove that money played a part in some form.
Most Americans will save their money or pay off debt with their returns.
We’re getting our medical data stolen, and most scammers are taking it straight from the hospitals themselves
More than 20 million Americans are taking advantage of health savings accounts. Should you get one?
This week: International Women’s Day is Wednesday. Here’s how we celebrate.
This week: There’s no place like home, which might be too bad.
Forty percent of American families are making thousands of dollars in medical, auto, or tax payments at some point in a year but even after paying, they’re suffering from crippling debt.
Just like marriages, happiness levels at work take a nose-dive after the first year on the job. If the honeymoon is over at your job, there are still ways for you to be happy.
This week: Legal or not (and some aren’t), you’re better off not being one of these statistics.
Millions of Americans secretly stash money away from their partners and the older you are, the more acceptable it is.
This week: It’s the Super Bowl of eating and spending.
It costs an average of $35,329 to get married. That’s more than double the annual salary of a minimum-wage worker.
There are plenty of ways to pay for tax help, but you don’t necessarily have to. The Internal Revenue Service helps millions of people annually file their taxes for free.
Americans are leaving 658 million vacation days unused every single year.
Infographic definition: A visual way to present information so it can be easily understood by the intended audience; also known as “data visualization.”
In layman’s terms, infographics are basically images that present data in a way that can be understood at a glance. It’s a means of presenting numeric data or content that’s not easily understood through plain text. Infographics can also be used to present numeric data that comes from statistical studies or surveys. Instead of reading a bunch of dry numbers in a table, an infographic presents the numbers in a way that’s easier to digest.
In the world of finance, the best infographics drive home a key point that’s necessary for achieving or maintaining financial stability. They teach you about a trend related to a specific topic and show you how to achieve the best possible outcome.
Debt.com’s money infographic archive covers a range of topics in this way. These are the top 10 infographic topics we cover:
One of the biggest mistakes that people make with financial infographics is that they look at the image but don’t read the article. Particularly when you’re reading a financial infographic on this site, don’t just assume that the article that goes with the image just repeats the same information.
A good infographic news article provides advice and tips related to the data contained in the infographic. So, a credit score infographic may present credit scores by generation or gender or other demographics. Then the content around that infographic will tell you how to buck those trends to achieve the score you want.
Unfortunately, it’s part of our culture in the U.S. that personal finance knowledge is passed on by word of mouth. Most people learned what they know about personal finance from talking to parents, family and friends. This isn’t necessarily the best way for us all to learn, but it is the state of our financial literacy world today.
So, if you find an infographic that taught you something important about your financial world, chances are high that your loved ones and associates could probably use the information, too. We put handy share buttons at the top of each page so you can share the content to all your favorite social networks.
We try to explain everything related to an infographic topic in the article, but that doesn’t mean that we won’t miss something you don’t know. That’s one of the reasons we created our Ask the Expert form. That way, if you read something on our site and have questions or need more information, you can get it easily.
So, if you have a question about an infographic topic (or any other information you find on our site), feel free to ask us! Either our founder Howard Dvorkin will answer you directly or ask one of the members of our financial advisory board to answer it. And remember, particularly in the world of personal finance where you money matters, there are no stupid questions!
Any legitimate infographic that doesn’t come from an original study or survey by the company producing it should list sources at the bottom of the image or news article. So, for instance, when we did a Financial Fears infographic for Friday the 13th, you can easily find the source at the bottom that the information came from Motley Fool. That’s a financial investment website that’s been around since 1993; they employ certified financial analysts. So, you can trust them as an accredited source.
The best sources of information are government agencies and reports, like the Bureau of Labor Statistics and Federal Reserve. Then you have other sites that generate empirical data, like Zillow and Realtor.com or financial institutions. Finally, you have private companies trying to sell you something, like credit monitoring services such as Credit Karma and Credit Sesame.
What you want to avoid is a non-accredited company or a single non-certified individual. If Bob down the street says that half of student loan borrowers overpay, take that information with a grain of salt. However, when the Government Accountability Office (GAO) issues a report that says it, then you can trust it.
For financial infographics that are generated using survey results, always make sure to check how the survey was done. Companies often poll their own clients or only ask a small group of people to answer the questions. Then, they generalize and act as if the answers apply to everyone in America. But they probably don’t.
At minimum, a good poll will ask at least 1,000 people for their opinions. That’s a big enough sample size that you can make conclusions. Third-party independent blind studies and surveys are the best, because they are broad and aren’t intrinsically biased.
That’s another thing to pay attention to. The questions that a company asks in a survey can automatically skew the results in their favor. So, for instance a 2017 survey finds that a whopping 42% of millennials say they’d be more likely to choose an employer that let them bring their dog to work. Which sounds astounding until you realize that the survey was conducted by Purina Petcare.
The final thing you need to do in order to make sure an infographic provides sound advice is to check the date. Outdated financial data and statistics don’t really mean anything. The average auto loan today looks very different from loans ten years ago. Credit score data from 2010 is very different from today, given that 2010 was at the height of the Great Recession.
In general, unless a major economic event has occurred, like a financing bubble burst or a market turn, you can trust financial data from the past few years. However, the more recent, the better.
This website is intended for informational purposes and as a reference tool to match consumers with companies that may be able to assist them. View our Advertising Disclosures here.