The US government will spend over $30,000 per household in 2010, with taxes collected at $17,800. The deficit is $12,700 per household. US government spending per household increased 40% between 2000 and 2010, and the deficit is 10.3% of GDP. 40 cents of every dollar spent is from a loan, and spending has outpaced inflation […]
US household net worth dropped from $126,400 in 2007 to $77,300 in 2010, with those only having a high school education losing the most wealth. 74.9% of households had debt in 2010, but debt levels and credit card use had declined since 2007. Income levels played a key role in net worth, with the top […]
The Household Cavalry Museum is located at the London Horse Guards headquarters and showcases the history and importance of the British cavalry, who protect the royal family. Visitors can observe the cavalry’s daily work in the Royal Stables. The museum also offers interactive exhibits for children and is open year-round. The Household Cavalry Museum is […]
Median household income determines the types of bankruptcy a family can file for in the US. It’s the exact middle number of household incomes and isn’t affected by outliers. Median household income varies by location and can change over time. In a legal sense, the median household income is a figure used to determine the […]
Origin bias is when investors focus on domestic securities despite foreign investments being more lucrative. This bias can be due to difficulties in buying foreign securities, legal restrictions, or a sense of national pride. Diversification with foreign investments can protect against negative impacts on domestic holdings. Origin bias is a term used to describe the […]
Household wealth is the net worth of a household or the average net worth of households in a geographic area. It is calculated by subtracting liabilities from the market value of assets. Measuring household wealth is useful for assessing the stability of an economy and adjusting an individual household’s budget. Changes in household wealth can […]
Kitchen sponges are the dirtiest household item with over 75% containing fecal bacteria. They can be 200,000 times dirtier than toilet seats. Microwaving them can reduce the risk of spreading germs. Other dirty items include toothbrush holders, money, and personal items. Research has shown that the dirtiest household item is often a kitchen sponge, with […]
Family branding uses one brand name to market multiple products, building recognition and customer loyalty. Companies in the food industry often use this technique, but must maintain consistent quality. Some companies use both family and individual branding, depending on the product and market. Family branding is a type of marketing tactic. It involves using one […]
