Posted February 15th, 2012
by Amber Cattanach
Recently, George Washington University released the first ever study to list the specific costs of being overweight and obese. They say its the first study ever to do so! Obesity is a major issue for our nation, so I combined the studys findings with other research to try to give a picture of the true cost of being obese:
As you can see, these are no small numbers. $2646 for men and $4879 for women annually. Thats enough to fund a retirement account or buy all your groceries or go on 2 or 3 vacations! Really makes you reconsider that 80 cent supersize doesnt it?
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Tags: Cost Posted in Debt Consolidation
Posted February 15th, 2012
by Jessica Goodenough
Hitting the road this holiday weekend? AAA says around four percent more people will travel 50 miles or more from home around the Thanksgiving holiday. That equals 42.5 million Americans, the first significant travel increase so far for 2011. AAA says the average distance traveled by Americans during the Thanksgiving holiday this year is expected to be 706 miles. That’s down from an average of 816 miles in 2010. Median spending is expected to be $554, which is a 12 percent increase from $495 last year. Wondering what to expect on the roads and in the skies? Here is a Thanksgiving travel breakdown according to AAA:
Traveling By Car
Around nine in ten Thanksgiving travelers will be getting to their destination by automobile. That’s 38.2 million people hitting the roadways, a four percent increase from 2010. This is still the mode of transportation of choice mainly because it’s the most affordable, convenient and flexible. Gas i
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Tags: Americans, Americans Traveling Posted in Debt Consolidation Online
Posted February 8th, 2012
by Keira Browne
Investopedia’s Porcshe Moran did some research to find out, “How Much Is A Homemaker Worth?” By examining the basic tasks that most every homemaker does on a daily and weekly basis and taking the lowest value for each task, this article determined that a homemaker would earn around $100,000 if they worked outside of the home.
Between doing the grocery shopping and acting as a private chef for three meals a day, you could earn around $52,000 a year. House cleaning services vary depending on the size of the house, but a low average estimates just over $6,000 per year for basic housecleaning, more for things like cleaning out appliances and dusting mini-blinds. The full-time, live-in child care offered by homemakers is worth quite a lot both monetarily and in perks. Full Articles…
Posted in Financial Tips
Posted February 7th, 2012
by Amber Cattanach
What can you do if you are caught in a car you cannot afford? First, you’ll probably end up with an upside down car loan. Longer term loans, like the six-year loan in the example, are appealing to many people because it means a lower payment. Many car buyers believe it’s a way for them to buy more car without breaking the budget. The flip side of longer loans, though, is that while you do have a lower payment, you’re also building less equity. Especially with new cars, where the value drops so quickly after the purchase, the value of the vehicle is dropping faster than the balance due on the car loan, leaving you upside down.
Americans are in love with their cars, but at what cost? Here are a few sobering statistics:
- The average middle class family spends as much as 20% of their take home pay on car payments. That
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Tags: Car Loan, Loan Posted in Debt Consolidation
Posted January 23rd, 2012
by Jessica Goodenough
Nearly one third of adults in the UK expect to spend less in 2012 compared with around a fifth in October, according to the Resolution Foundation, an independent research and policy organisation which aims to improve outcomes for people on limited income.
The survey, which was carried out by Ipsos Mori on behalf of the think tank, suggests that people have become more pessimistic about their finances since autumn last year, when the eurozone crisis worsened.
Twenty-three per cent of respondents to the survey said they expect their financial situation to deteriorate over the next 12 months, compared with just 15 per cent in October, when the survey was last carried out.
The latest survey also found that more people are now saving, with 30 per cent of respondents saying they were putting money away every month, compared with 22 per cent in October.
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Posted in Debt Consolidation Online