Apollo Beach, FL (PRWEB) October 02, 2013
At times a lot of people wonder where their money goes every month. Thanks to the latest motion graphic on CreditLoan’s website, we have a detailed look at how much and on what the typical American spends their money on each month.
The bubbly short provides a break-down of Avery (the average American male)’s paycheck, and how it is spent. Every figure is presented with an endearing animation, keeping track of the money as it goes. According to the Bureau of Labor Statistics, the average income in America is a little over $40,000 per year. Of that, the largest chunk is spent on housing – more than a quarter overall. The rest of the month’s pay is left for everything from transportation to food and entertainment.
The statistics in the graphic are displayed as percentages, seeing as how each of the expenses are likely to scale depending on the person. Each expense in the graphic is accompanied by animated examples of each generalized category. As the video progresses, the visualized stack of money diminishes with each figure. Because of the interactive nuances to each figure, the video provides a very helpful picture of how exactly the average American spends their money each year.
CreditLoan is a leading provider of informative articles, graphics and videos that help consumers learn about everything finance. All topics, from loans to credit and even economics are covered in comprehensive detail, and always presented in a way for any reader to better their financial standing. For more information, their homepage can be located at http://www.creditloan.com.