Category: Business

Americans are spending more on their weddings than ever before. It can be easy to get carried away with spending on the big day — it is a celebration of romance, after all — but according to a new survey by WeddingWire, the spending is getting a little out of hand. For example, the average cost of a wedding ceremony and reception was around $16,000 back in 2007. Nowadays, an engaged couple can expect to spend about $28,000. And inflation … Continue reading “Over the Top Weddings Becoming America’s New Normal”

Pinterest is on track for a successful 2017 as the company raises an additional $150 million. According to Business Insider, Pinterest is now valued at $12.3 billion after its new round of funding and business valuation. Business valuation is primarily an economic analysis exercise. The two financial statements necessary for a proper business valuation is income statements and economic balance sheets. Additionally, three to five years of historic income statements and balance sheets might be required for smaller organizations. Pinterest, … Continue reading “Pinterest Valued at $12.3 Billion After Venture Capitalist Funding”

According to a new survey on typical homeowner spending, it is quite costly to be an adult in the United States today. The Bureau of Labor and Statistics has compiled information from 2013 data on household expenses and has found that on average 53% of the typical American salary is spent on only four spending categories. Housing expenses come out on top, representing 16% of the average American’s annual salary. This category includes mortgage and rent payments alone — nothing … Continue reading “Americans Spend Over Half of Household Income on Only Four Expenses, Study Shows”

As more and more car manufacturers modernize their vehicular technologies to meet the needs of consumers, those same consumers are altering the traditional auto market by taking their business to online used car companies as opposed to brick-and-mortar dealerships. Carvana, an online used car sales site, is hoping to single-handedly disrupt the car buying industry. That’s because many people would rather avoid the pressures of face-to-face negotiations with pushy salespeople. Of course, Carvana has a steep hill to climb: not … Continue reading “This Online Company is Revolutionizing The Way Consumers Buy Used Cars”

In most situations, it’s fairly easy to get approved for a loan for a used vehicle. Despite the fact that most banks will not give you a loan for a car older than four or five years, anybody in decent financial standing shouldn’t have too much trouble with the approval process. However, when Melissa Johnson bought a used Kia Soul in Bend, Oregon, she was shocked to receive a call a week later stating that her financing request had been … Continue reading “Marijuana Workers In Oregon Struggling to Find Loans”

Nearly three-quarters, 74%, of adults believe that an unattractive smile can hurt their overall career success. After new research has surfaced, however, it looks like in addition to attractive smiles, general physical attractiveness provides significant benefits in the workplace and in life. According to Above the Law American businesses have a problem with “lookism,” which apparently dates back to the 1800s. Lookism can be defined as “discriminatory treatment toward physically unattractive people; mainly in the workplace but also in social … Continue reading “More Opportunities Being Unfairly Given to Physically Attractive People”

Debt is all too common in the United States. More than one-fourth of Americans admit to not paying their bills on time, and according to a new report, this outstanding debt doesn’t disappear until death. New data from Credit.com shows that a whopping 73% of Americans will die with some type of debt. And no this figure isn’t just a couple thousand, the report shows that the average total debt at the time of death is $61,554. Experian FileOne and … Continue reading “Till Death Do Us Part: a Tale of Debt and the American People”