Tag - money

How Americans Treat Discretionary Income

Discretionary Dough

It’s a topic that hasn’t been discussed in a while, at least not from a positive perspective. The downturn in recent years of the economy had many running for the hills and stuffing money under their mattresses because there just wasn’t enough to go around otherwise. In 2012, many have started to breath again and the extra income that doesn’t go towards bills and living has started coming in again.

This infographic by Mint breaks down the ways that Americans are spending their discretionary income. Click to enlarge.

Discretionary Income

What Saving Money Really Looks Like

Saving Money Over Time

keeping more of your take-home pay is more than a way of surviving a tough economy; it can also be a powerful statement about getting off the work-spend treadmill, rejecting the greedy and sometimes even predatory practices of some financial institutions and corporations, and becoming more self-sufficient overall. Here’s what saving more of your money looks like over time.

Click to enlarge.

Saving Money

Story by Automotive SEO.

Fashionable Finances

Fashionable Finances

In a down economy, the last thing on most people’s minds is fashion (at least it should be). The frivolous spending that is required to look great is something that many people put aside.

That is, unless you’re living in America, where it seems that fashion is always a “necessity” in one way or another. As our friends at Mint put it:

“Clothes shopping: for some it’s an addiction, for others it’s a fun pastime or possibly just another chore. A look into our data shows one thing is clear – Mint users dedicate between 15-23 percent of their discretionary spending towards apparel. While nobody spends more per month on a dollar-basis than Manhattanites, their Brooklyn-based neighbors are actually spending a bigger portion of their budget on clothes. Meanwhile, Denver-dwelling Minters spend the smallest percentage of their discretionary cash on clothes, but dollar-for-dollar, it’s Mint users in Tucson who pay the least for their clothes.”

Click to enlarge.

Fashion by Mint