In 2022, healthcare spending in the United States increased 4.1% to $4.5 trillion, or an average of $13,493 per person. That’s a staggering amount when considering that the average U.S. annual wage was $63,795.13 that same year. As high-deductible health care plans become more common, more Americans are footing the bill for their care. This […]
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2023 Tesla Statistics: What You Should Know About Safety, Pricing and More Table of Contents Add a header to begin generating the table of contents In 2003, Elon Musk founded the California-based electric vehicle firm Tesla, which became one of the world’s most well-known brands. A car is an expensive item, especially considering price inflation,
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While it’s a relatively new financial concept, the concept of microfinance is incredibly powerful. Microloans and other forms of microfinance may have the power to reduce global poverty while providing much-needed financial services to a sector of people that are most commonly underserved by traditional financial products. Not to be confused with predatory payday loans,
26 Key Microfinance, Microlending and Microcredit Statistics – Updated 2023 Read More »
Key Personal Loan Statistics to Know in 2023 Table of Contents Add a header to begin generating the table of contents In the last ten years, personal loans have become increasingly popular as Americans turn to them for quick cash. People rely on personal loans to consolidate existing debt, reduce their interest costs and cover
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Why Do Couples Separate? Key Marriage & Divorce Statistics in 2023 Table of Contents Add a header to begin generating the table of contents When a marriage is on the rocks, many couples have to make some tough decisions. Nearly half of all marriages in the U.S. end in divorce. However, divorce rates in the
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Buy Now Pay Later Statistics You Need to Know in 2023 Table of Contents Add a header to begin generating the table of contents The Buy Now, Pay Later method is a relatively new shopping trend that many of us have turned to at least once. So, what is it, and how does it benefit
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2023 Identity Theft Statistics – Who Are the Victims? Table of Contents Add a header to begin generating the table of contents Identity theft has become a big concern for people worldwide, not just in the U.S. This issue has been widespread for years, but its frequency has skyrocketed recently — in large part due
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How Do Millennials Spend Their Money? Key Statistics You Need To Know in 2023 Table of Contents Add a header to begin generating the table of contents Millennials are the third-largest living generation in the U.S. by population. Born between 1981 and 1996, the millennial population is expected to peak in 2033 at 74.9 million
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How COVID-19 Changed the Way We Work: 2023 Work From Home Statistics Table of Contents Add a header to begin generating the table of contents Working from home is no longer unusual for many industries worldwide. As the pandemic evolved, so did the way we work. While working from home used to be a perk
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How is Inflation Impacting the Cost of Living in the U.S.? 2023 Key Statistics Table of Contents Add a header to begin generating the table of contents As 67% of Americans express great concern about increases in the cost of living, it is important to have a better understanding of the cost of living index in
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