The average American is over $8,000 in debt, which is up dramatically from a whopping $48 in the 1940s! See a breakdown of Americans’ average monthly spending across the various product and service categories and get an idea of the average debt burden due to uncovered overspending.
American Bankruptcy 2012
visualized by: Low Price Law
This report from Low Price Law outlines the situation with bankruptcy status of American families or singles and hightlights the reasons that lead to bankruptcy filing. However, a comparison between 2 annual periods of 2011 and 2012 allows some optimism.
Living Without Mortgage
visualized by: Beckon Media
The concept for this infographic is to show the positive financial impact of living without your mortgage for a year. You will see the major causes of consumer debt as well as price in working hours needed to pay off each debt.