Save money in college by cooking your own food, renting or borrowing textbooks, using your student discount, and more.
Americans spend an average of just over $5,200 per month on their credit cards across all states. Which states have the highest credit card spending?
The cost of renting is anything but uniform—shaped by geography, neighborhood trends, and even the quirks of a few city blocks. What’s affordable in one part of town might be out of reach just a short walk away. This map, created by NeoMam Studios for CashNetUSA, visualizes the most affordable ZIP codes to rent across America.
Today, consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs. More than ever, Americans are using debt and credit cards to fund these purchases. In the second half of 2024, household debt hit a record $17.9 trillion. At the same time, credit card debt surpassed a historic $1 trillion, climbing by 8.3% over the time period.
This graphic shows how the price of Netflix plans in the U.S. have increased over time. This data was compiled by Android Authority
Inflation may have come down from its post-pandemic highs, but Americans are still feeling the effects of the rapid price rise in the last three years. And some places in the country are simply more expensive than others due to larger populations, more economic opportunities, desirable communities, and high taxes.
Bitcoin surged to all-time highs, gold saw its best performance in 14 years, and the U.S. dollar rallied thanks to a strong U.S. economy. Meanwhile, the S&P 500 saw its best two-year run in over 25 years. On the flip side, bonds experienced lackluster performance amid reflationary concerns. This graphic shows major asset class returns in 2024, based on data from TradingView.
StudiCorgi has put together a list of practical strategies to help college students become more financially savvy and develop a healthy money mindset that lasts well beyond their college years. Their visual guide outlines the benefits of financial literacy and the key principles that will enable young adults to manage their finances effectively.
Although costs vary from family to family, two working parents spend an average of around $23,000 per year raising one child in the United States. This graphic illustrates the cost of raising a child by state, based on data compiled by SmartAsset as of February 2024.
Decades of research have found that the predictors of happiness stem from many interwoven factors, such as the quality of a person’s relationships to financial stability.
This map visualizes the average credit card debt held by households in each U.S. state and ranks the states where residents pay off the debt the fastest and slowest. Data is sourced from Bankrate (2024) who also used average monthly household income to calculate how long it takes to pay off balances.
In 2024, buying a home in the U.S. looks vastly different depending on where you are. Factors like local demand, land availability, economic conditions, and housing regulations all contribute to the median home prices in each state.
This graphic charts the GDP per capita of G7 countries against select U.S. states. Why compare states vs G7? By going down to the state level we account for differences in population and aggregate demand which can mask output inequalities between the U.S. and its peer economies.
Building a well-balanced, diversified portfolio involves including assets with varying correlations. The U.S. dollar (USD), with its weak or negative correlations to other assets, can be a valuable addition to investors’ portfolios. This graphic, created in partnership with OANDA, illustrates the USD’s correlations with other assets and indices. This insight can provide assistance for evaluating the role of USD in investment portfolios.
Since August 2020, prices for “food at home” (groceries) have increased by 20% according to data from the Bureau of Labor Statistics, the steepest inflation seen since the 1970s. On average, American households are paying about $270 per week ($1,080 a month) for groceries, according to Delish, which sourced their findings from the latest Census Bureau estimates.
Despite Canada having a population just 12% the size of the United States, the country was home to a majority of the fastest-growing cities between the two neighbouring countries.
This graphic shows the estimated cost of the American dream per household over the course of their lifetime, based on analysis from Investopedia.
This graphic shows real home price growth in real estate bubble markets over the last decade
About 22% of American adults 65 and older continue to work in 2024. Growth in the 65 and older population, higher cost of living and other factors have led to a large share of older adults in the workforce. New Jersey saw the highest share of working adults over the age of 65 in 2024, and the largest two-year increase.
When it comes to investing, each generation has their own mix of strategies, and younger generations like to try a bit of everything.
A recent US Federal Reserve analysis found that from 2019 to 2022, low-wealth groups in America had larger percentage gains in wealth compared to their high-wealth counterparts.
Average wage growth is a key sign of how well a country’s economy is doing. When wages rise, it typically signals that businesses are thriving and can afford to pay their employees more, which in turn boosts consumer spending and stimulates further economic growth.
This chart ranks the 10 worst U.S. states to retire in, according to Bankrate.com, as of 2024. What this ranking is not showing are states that people prefer to retire in for more qualitative reasons. Factors like weather are considered, but financial aspects of a state are weighted higher in this ranking.
Million-dollar homes are becoming more common, with the U.S. having 621 cities where a typical home is worth $1 million or more.
The is graphic looks at data from the 2023 Modern Wealth Survey by Charles Schwab, which asks respondents what net worth is required to be considered wealthy in America.
In 2023, global wealth increased by 4.2% as global stock markets rebounded and inflation eased. While Europe, the Middle East, and Africa achieved the strongest wealth growth, the U.S. accelerated at roughly half the rate of these regions, at 2.5% annually.
Broadly speaking, average salaries are going to be higher in countries with a higher cost of living. For example, Switzerland is one of the most expensive countries to live in, with monthly living costs of $2,497 USD according to World Population Review.
This graphic shows the share of U.S. households’ finances invested in public stocks over time, based on data from the Federal Reserve.
In 2024, the median salary for the typical American home buyer has risen to $104,339—up from $88,000 just two years prior.
Many cities around the world have become very expensive to buy a home in, but which ones are the absolute most unattainable?
This graphic lists the top 12 countries by number of high net worth individuals (HNWIs). An HNWI is someone with liquid investable wealth of $1 million USD or more.
This map graphic visualizes the total tax burden in each U.S. state as of March 2024, based on figures compiled by WalletHub.
As credit cards and digital wallets (e.g. Apple Pay, Paytm, Alipay) see increasing adoption around the world, the share of cash being used in transactions is plummeting. The chart above looks at cash as a share of transaction value in selected countries at three time periods (2019, 2023, and 2027P).
The Visual Capitalist has partnered with Lloyd’s Register Foundation to explore economic resilience further and determine how long the average person can afford to cover their needs without income.
In 2023, American Baby Boomers owned 52% of the country’s net wealth despite comprising only 20% of the population. Based on Federal Reserve data, this graphic illustrates the distribution of wealth in the United States from 1990 to 2023 by generation.
Over the last few years, energy investment trends have shifted from fossil fuels to renewable and sustainable energy sources. Long-term energy investors now see significant returns from clean energy stocks, especially compared to those invested in fossil fuels alone. For this graphic, Visual Capitalist has collaborated with EnergyX to examine the rise of clean energy stocks and gain a deeper understanding of the factors driving this growth.
Nobody wants the embarrassment of seeing their debit card declined. To help, bankers came up with a seemingly beneficial solution. Overdraft protection is a service that allows card users to pay for items even if they temporarily do not have the funds, and it can help consumers potentially avoid such awkward problems. However, what seemed like a good idea may have been taken too far: and now, overdraft protection is a key source of profits for banks.
The power of compound interest is so compelling, that it’s been often called the “eighth wonder of the world”. Find out why this concept is so fundamental to personal finance in the following infographic:
Personal finance isn’t just about dollars and cents. The reason it’s so hard to master? It’s actually a multi-disciplinary field that requires foundational skills ranging from psychology to negotiation.
This was originally posted on the Voronoi app. Families in the top five most expensive U.S. states require an annual income exceeding $270,000 to live comfortably. This visualization illustrates the income necessary for two working adults with two children to maintain a comfortable lifestyle in each state.
Painting a concerning picture, the median retirement savings for Americans stands at a mere $87,000, a figure far lower than what is needed for a comfortable nest egg. This savings gap—the amount people have actually saved versus what they believe is needed for retirement—is significantly rising. In fact, a recent survey from Northwestern Mutual reveals that $1.46 million is the ideal savings target for retirement, up from $1.27 million last year.
From saving for a down payment to planning for retirement, clients turn to advisors to guide them through life’s complex financial decisions. However, many of the key reasons for hiring a financial advisor stem from emotional factors and go beyond purely financial motivations.
The Visualcapitalist visualises the percentage of respondents to the statement “I have money leftover at the end of the month” categorized by age and education qualifications. Data is sourced from a National Endowment for Financial Education (NEFE) report, published last month.
Come tax season, a common refrain is: “what do my taxes even pay for?” To answer that question, we visualized U.S. federal government spending by function, referencing expenditure to a single federal tax dollar. Data is for the fiscal year ending September 30, 2023 from the U.S. Bureau of the Fiscal Service. Total spending amounts are converted to cents on the dollar and percentages, to show where one tax dollar goes.
Which major asset class has generated the strongest returns over the long run? How do the returns of investments like bonds and real estate actually stack up? To put investment returns in perspective, this graphic shows the growth of $100 by asset class over the long term, based on data from Aswath Damodaran at NYU Stern.
Happiness, like love, is perhaps one of the least understood and most sought-after emotions and experiences in human life. And while many inspiring teachings exist about attaining individual happiness, it’s worthwhile to consider how happy entire countries are on a collective scale.
The Visualcapitalist plots the percentage of high net worth individual (HNWI) respondents who expect their wealth to increase in 2024, categorized by generation and gender, from the Knight Frank Next Gen Survey, accessible in their latest wealth report.
This graphic illustrates the history of the U.S. federal minimum wage using data compiled by Statista, in both nominal and real (inflation-adjusted) terms. The federal minimum wage was raised to $7.25 per hour in July 2009, where it has remained ever since.
There were just over 30,000 managed investment products in 2002, but the choices grew rapidly in the years that followed. As of June 30, 2023, there were more than 742,000 products available.
Are advisors putting their focus where it matters? You might think that positive reviews and recommendations would be a top consideration for people choosing a financial advisor. However, other qualities appear to be much more important.
The last decade has witnessed a remarkable surge in the global number of millionaires. By 2022, 1.1% of the world’s adults were millionaires, up from 0.6% in 2012. So, how to know if you belong to the top 1% in your country?
While inflation looks to be easing, there remains the risk of a second wave of price pressures driven by geopolitical conflicts and supply disruptions in the Red Sea. Adding to this, a stronger than expected labor market could drive consumer demand, pushing up higher prices. This graphic shows 2024 inflation projections around the world, based on forecasts from the International Monetary Fund (IMF).
The anxieties around a first-job are immense: fear of the unknown, performance pressure, and the need to navigate new professional environments. But good pay can help manage these worries. Lots and more has been written on which careers are the highest-paid, but how does geography factor into the equation?
The Visualcapitalist visualizes the amount of money that Americans lost from scam text messages in the year 2022. These figures are sourced from reports filed to the Federal Trade Commission (FTC), accessed via USA Facts.
Different generations grow up with different values and different economic realities, causing investment preferences by generation to vary across the board. The above graphic shows how different generations invest—from millennials to boomers—based on June 2023 survey data from Charles Schwab.
The route to financial happiness isn’t the same for everyone, though 81% of Americans agree that inflation and the rising cost of goods generate the most stress. But different trends emerge when we compare the generations.
Across generations, Americans are tending to find happiness in areas other than their finances. The financial situation is especially challenging for Gen Z and X; less than half report being satisfied with their finances.
Many Americans believe that you need $1.2 million to reach financial happiness. So, it follows that 71% of Americans feel more money would solve their problems. This leaves us to wonder: how happy are Americans with their finances?
According to professionals, the most common retirement planning mistakes are time-related, like outliving savings or not understanding how inflation can affect a portfolio over time. The number one mistake? According to 49% of financial planners, its underestimating the sizeable impact inflation has on the value of retirement savings.
The global education gap refers to disparities in educational access that exist between higher- and lower-income countries. It exists for various reasons, including lack of resources, political instability, and outdated technology.
In the last three years tech giants like Apple, Google, and Microsoft navigate through market volatility due to the global pandemic. In 2020, the pandemic led to a market selloff, but companies like Zoom and Shopify experienced growth due to increased demand during lockdowns.
The winter holiday shopping season is the most expensive time of year for most households. This year, spending is expected to be even higher due to rising prices. This infographic helps you start planning to shop and save for the 2023 holiday season.
Most consumer spending falls into the larger categories of food, housing, transportation, healthcare, and other goods and services.
Between skyrocketing prices, stagnating wages, and now rising interest rates, the deck seems to be increasingly stacked against home ownership. Using May 2023 data tabulated by Home Sweet Home, the Visual Capitalist maps out the annual salary needed to afford a 30-year mortgage (at 6.37%) to buy a home in America’s 50 most populous metropolitan areas.
Who controls global wealth? In 2022, the world’s millionaires held nearly half of net household wealth. Decades of low interest rates led equities and real estate values to soar, and these assets are disproportionately held among the world’s wealthiest.
The link between investor sentiment and the stock market is not linear. In fact, many consider extreme sentiment readings as a contrarian indicator. If sentiment swings sharply in one direction, some investors may consider this a signal to do the reverse.
No one is immune to errors, including the best investors in the world. Fortunately, investing mistakes can provide valuable lessons over time, providing investors an opportunity to gain insights into investing—and build more resilient portfolios.
Despite higher mortgages and sharply correcting prices, some cities’ property markets are still in bubble-risk territory.
The retirement landscape can look completely different depending on what country you’re in. And charting the retirement age by country reveals a lot of differences in the the makeup of a labor force, both for economic and cultural reasons.
According to the Federal Reserve, student loans added up to $1.6 trillion in Q2 2023, making them the third largest category of U.S. household debt behind auto loans ($1.8 trillion) and mortgages ($12 trillion).
When looking at wealth per person on a country-by-country basis, is it more important to look at median wealth or average wealth?
Warren Buffet is probably best known for being one of the world’s most successful investors. See what Berkshire Hathaway are holding and learn from the legendary value investor known as the 'Oracle of Omaha'.
Queen Elizabeth II leads monarchs to the front of 1/3 of the world’s currency, followed by Vajiralongkorn, King of Thailand.
In the wake of natural disasters or economic shocks, a person could quickly be left without income, which is why financial security is such an important aspect of resilience. The Lloyd’s Register Foundation partnered with Gallup and polled 125,000 people from 121 countries, asking how long people could cover their basic needs without income
The U.S. is famous for chain restaurants, franchised shops, and brand name hotels. One thing these franchises aim for is consistency in store feel, customer service, product offerings, and prices, no matter which state you’re in.
At first glance, a 7% return on your investment may not seem that impressive. Yet what if you heard that your money could double in roughly 10 years?
With home prices and mortgage rates both rising, the U.S. is now witnessing the biggest numerical gap in the monthly cost between owning a home and renting in over 50 years. Americans, however, have seen similar scenarios occur since the early 1980s.
Launched in 1985, the Nasdaq 100 index tracks the performance of the largest, and most actively-traded, non-financial companies listed on the Nasdaq stock exchange.
The distribution of wealth is an important measure of the economic power of each generation. In the U.S., for example, baby boomers own half of the nation’s $156 trillion in assets despite making up 21% of the country’s population.
Timing the market seems simple enough: buy when prices are low and sell when they’re high.
The global net assets of mutual fund and ETF providers totalled $38 trillion in 2022. Despite its massive size, the industry is dominated by a relatively small number of brands.
Monarchs and world leaders appear more frequently than other people on the world’s currency. But, since many of them appear on multiple denominations, the average value of their notes and coins is lower than that of historians, mathematicians, and singers.
Behavioural scientist Abraham Maslow wrote “A Theory of Human Motivation” in 1943, arguing that humans worldwide are influenced by a “hierarchy of needs”. This theory organizes human needs across five levels, where needs in the lower end must be satisfied before progressing onto the next level.
The fact that China, Japan, the United States, Germany, the United Kingdom, France, and India are the nations with the greatest concentrations of this wealth is not surprising. Actually, the combined wealth of just seven nations makes up 69% of the global total.
Comparing the number of hours people work in different countries can provide insight into cultural work norms, economic productivity, and even labor laws.
See the S&P 500 companies with the highest profits in their sector. Data is based on the fiscal year ending on or before January 31, 2023 across companies in the Fortune 500.
S&P 500 companies hold $7.1 trillion in assets, and account for close to 80% of available market capitalization on U.S. stock exchanges. The index serves as a barometer for the U.S. stock market, covering the largest public U.S. companies by market capitalization. Often, it reflects investor sentiment and is considered an indicator for U.S. economic health.
Your daily coffee habit is probably costing you a lot more than you think. What if you skipped buying two coffees a week and invested that money?
"While some careers can be relatively stress-free, maintaining a healthy work-life balance can seem impossible for many. The easy access to technology, blurred boundaries around work and personal time, and fear of job loss push many to work overtime, and fail to use vacation time or sick leave."
Many corners of the market have shown resilience despite persistent inflation and slowing economic growth in 2023. U.S. equities, international equities, and a variety of bonds have seen positive returns so far this year.
Ever since the first major crypto boom in 2011, tens of thousands of cryptocurrency coins have been released to market. And while some cryptocurrencies performed well, others have ceased to trade or have ended up as failed or abandoned projects. These graphics from CoinKickoff break down the number of failed crypto coins by the year they died, and the year they started. The data covers a decade of coin busts from 2013 through 2022.
Truman Du shows which stocks are making up the vast majority of S&P 500 returns amid AI market euphoria and broader market headwinds.
How much should you tip when traveling abroad? The answer can vary wildly depending on the country and what type of service you are using.
Throughout history, the pursuit of happiness has been a preoccupation of humankind. Of course, we humans are not just content with measuring our own happiness, but also our happiness in relation to the people around us—and even other people around the world.
Gen Z is an optimistic and driven generation. Many young people in this generational cohort are turning to entrepreneurship and side hustles as a way to supplement their income and build a brighter future.
Houses fulfill a rare mix of necessity, utility, sentimentality, and for many, also act as a primary investment to build wealth. And it’s that last angle, combined with increasing demand in many countries, that is driving housing prices skyward.
Mapped: Which Countries Have the Highest Inflation?
Mapped: The Price of Starbucks Coffee, by Country