Are Financial Advisors Worth It? Insider Tips You Should Know
Are Financial Advisors Worth It? Insider Tips You Should Know
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.
Americans looking for deals aren’t pricing out final costs before buying.
The new season of Mythbusters starts tomorrow. Debt.com’s Money Mythbusters bust these common money myths today.
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.
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.
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.
Men are more likely to ask for financial advice than women. What’s holding women back from talking about money?
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.
For Equal Pay Day, women are still far behind men and won’t see equal pay for more than 200 years.
Lack of communication about finances can ruin relationships. Most marriages that end in divorce prove that money played a part in some form.
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?
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.
Millions of Americans secretly stash money away from their partners and the older you are, the more acceptable it is.
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.
Forty percent of employers plan to hire permanent, full-time employees and 30 percent plan to hire part-timers this year, even as unemployment is at one of its lowest points in history.
All jobs in these fields average at least $20 an hour and are some of the fastest-growing positions in the labor market right now.
Three new polls prove we know what to do about money, but we just refuse to do it.
With generic resumes, cover letters and potential employees heading into interviews blind, many applicants aren’t prepared for the jobs they’re applying for.
Turns out that 24 percent of higher-earning and lower-earning Americans are equally likely to snoop on the credit report of someone they share an account with.
38 percent of Americans will charge their holiday purchases to a credit card, and almost half of those said it’s to earn rewards.
Turns out that millennial men and women have some different priorities when it comes to saving money and what they are saving for.
Most human resources managers agree that employees and managers should have gift exchanges, but admit there have been some really strange gifts given in the past that shouldn’t be repeated.
Most parents check their kid’s candy before letting them eat it, also so they can eat it
Having trouble picking a costume this Halloween? Just go where your money (or lack of) leads you.
Most people say they don’t have any debt, but do they know what debt means?
Want to get your finances on track? Try moving more.
Amy Schumer, Just Bieber top the list of the most dangerous celebrities to search for online.
Since Debt.com asked Olympic swimmer Ryan Lochte to help us get the message out about how Debt.com can give Americans a second chance with their finances, the response has been intense.
These Transparency Dodgers are the 10 largest charities that didn’t disclose operation information, including fundraising performance.
Asian Americans have a higher median personal income, believe they can retire earlier, and save more money than the general population.
When you walk into a BCBGMAXAZRIA store, even the atmosphere smells expensive. And as a writer with a minuscule clothing budget that normally mandates my shopping be done at Goodwill or Target, I knew upon my entrance into the designer shop that everything was wayyyy outside my budget. But I wasn’t counting on how far […]
What’s better than free? Someone who listens. Here’s how to get the best out of the Better Business Bureau.
The crushing debt has a single silver lining. Hopefully, it’ll be worth all the dark clouds.
Each of these infographics are worth 1,000 words.
Becoming a millionaire will no longer make you wealthy.
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 with 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 your 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 the 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.