Add in the fact that the average credit card user owes nearly $8,000— and that the total amount of debt nationwide recently hit a record high— and it's clear why so many people have taken such a drastic step. But despite its reputation, filing for bankruptcy can actually be a much-...
Inflation is usually measured by the consumer price index (CPI), which tracks the average change in the prices of a basket of consumer goods and services. Central banks and governments closely monitor inflation rates to ensure economic stability and make appropriate monetary and fiscal policies. The...
How much disposable income do they have? You’ll need to do some serious demographic research to fill in this section, since every city and neighborhood is different. Then use your findings to inform your menu, pricing, and marketing strategy. For example, if you plan to set up outside...
home prices hit record levels, debt service payments as a percentage of disposable income stood below the 2007-2008 peak. Part of this is due to rising salaries, as average annual incomes jumped from $87,432 to $101,805 in two years. For food, Americans spend approximately $10,000 ...
Income investors have faced a significant challenge in recent years. Rising stock prices caused theaveragedividend yield of the S&P 500 Index to sink to multi-decade lows. Interest rates are falling again, while the average dividend yield of the S&P 500 Index is just ~1.3% right now. ...
Average deal size Not every sale is a good one. A sustainable sales funnel brings in high-value customers who spend money again and again as opposed to making one purchase. A higher deal size also frees up more cash to spend on acquisition and lead nurturing. You’ll make back the cust...
Second Life is a virtual world where you recreate yourself in any form you want (your avatar) and roam around doing much of what we do here in our real lives. American Apparel even opened a store there where Second Life citizens can buy virtual clothes with virtual money. This money, cal...
How much disposable or discretionary income is available for this type of purchase? What are their hobbies? What emotional aspects impact their purchase? What is their social class or status? Who is the actual decision-maker for this type of purchase? What values and attitudes play a part in...
The climate of an area is the average weather conditions in a region over a long period of time. If the part of the world you live in has cold winters with lots of snow, that would be part of the climate for the region you live in. The winters there have been cold and snowy for...
consumers spent an average of 11.1% of their disposable personal income on food. That was unchanged from what Americans spent in 2022. READ: How to Save Money When Grocery Shopping on a Budget Sponsored Bank Accounts For specific guidelines on how much you should aim to spend ...