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Infographic: Do Perception Gaps Stop You From Budgeting?

Posted by Cole Mercer on August 24, 2012

Do Perception Gaps Stop You From Budgeting?

When it comes to money, there is a large gap between what we say and what we do. This is especially true of budgeting – the most loathed and neglected chore in personal finance. In a recent survey, Country Financial revealed a stark difference between people who claim to live within their means and those who really do.

Below, we explore how perception gaps prevent consumers of all kinds from responsibly managing their money.

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Infographic: Financial Literacy in 2012 – Where do you stand?

Posted by Matthew Murphy on July 19, 2012

Financial literacy is a term frequently used but rarely defined. Does it simply mean abstract knowledge of financial concepts? Or is one only financially literate if they apply what they learn? The National Foundation for Credit Counseling took the behavioral view in its 2012 Consumer Financial Literacy Survey, looking at not just what people know, but what they actually do. We’ve visualized the key findings of this survey below. How do you stack up?

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Infographic: Retirement Planning Unraveled

Posted by Matthew Murphy on March 29, 2012

Retirement planning is more intimidating than any other personal finance topic. We know we should be saving, but not how much. We know it’s important to use a tax deferred account, but not which one. And, most devastatingly, we leave saving itself completely up to chance, trusting that we’ll have enough willpower to set money aside for 30 to 50 years. Luckily, funding a secure and enjoyable retirement need not be mysterious. Here’s exactly what to do.

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