Fun Financial Trivias:
1.) In the days when gold and silver were used in coins, the government started putting grooves on the edges of coins so that no one would be able to shave them.
2.) 95 years ago, $1 had the same buying power as $20.77 does today, according to the Bureau of Labor Statistic’s Consumer Price Index Inflation Calculator.
3.) The U.S. city with the best average credit score is Wausau, Wisc. Its 39,000 residents have an average score of 789, according to Experian’s second annual State of Credit list. The city with the lowest average score is Harlingen, Texas at 686.
4.) In ancient Greece and Rome, the first banks operated in temples and religious facilities. Why? Because they tended to have better security.
5.) The first institution resembling today’s stock market was founded in 1531 in Antwerp, Belgium. -
6.) What’s the largest amount of money you can have in coins without being able to make change for $1? That would be $1.19—three quarters, four dimes and four pennies.
7.) Think your life is stressful? According to the Federal Reserve System, a $1 bill will live just 22 months. If you were a $100 or $50 bill, however, your life span would be nine years.
8.) Personal debt per citizen is about $51,000, if you total all consumer debt (including mortgages, revolving and non-revolving debt) and divide it by the total number of American citizens, according to the U.S. National Debt Clock. Ouch! Makes you want to launch your own personal debt reduction plan, doesn’t it?
9.) The nickel’s design was actually created by an auto designer. In 1938, General Motors auto stylist Felix Schlag won the contest to design the 5-cent piece, according to the U.S. Mint.
10.) Apple's cash and investments are now equal to the GDP of Hungary, and more than that of Vietnam and Iraq.
11.) Until the U.S. Federal Reserve was created in 1908, individual banks could create their own money.
12.) The total assets under supervision for JP Morgan is $2.2 Trillion - more than the GDP of India.
13.) The World's First Bank was Monte Dei Paschi di Siena, founded in 1472 and headquarted in Tuscany, Italy. It still operates today.
14.) Zimbabwe has experienced the worst inflation in the world-6.5 sextillion percent in November 2008.
15.) Starbucks has operations in more countries than both Goldman Sachs & JP Morgan Chase.
16.) Ikea is the world's largest and richest "non-profit charity".
17.) The Tootsie Roll story began in 1896, when Austrian-born Leo Hirshfield opened a tiny candy shop in New York City. It was affectionately named after Hirshfield's five-year old daughter, Clara, whose nickname was 'Tootsie'.
18.) Pencil sale rates increased by 700% the year after Sudoku became popular.
19.) New Google employees are called 'nooglers' and are given a propeller beanie hat to wear on their first Friday.
20.) Singapore has the world's highest percentage of millionaires with 1 out of 6 households having at least USD one million in disposable wealth.
21.)Ted Turner is the largest private landowner in the U.S. with about 1.75 million acres in New Mexico, Montana, South Dakota and Nebraska
22.) 40 percent of McDonald's profits come from the sales of Happy Meals.
23.) Most of Sony's profits come from selling insurance. In Japan, they sell auto, life and medical insurance.
24.) Friday and Saturday flights are 30% more expensive than flights with Monday to Thursday departures.
25.) The Company "SHARP" is named after the company's first product, the ever sharp pencil.
2.) 95 years ago, $1 had the same buying power as $20.77 does today, according to the Bureau of Labor Statistic’s Consumer Price Index Inflation Calculator.
3.) The U.S. city with the best average credit score is Wausau, Wisc. Its 39,000 residents have an average score of 789, according to Experian’s second annual State of Credit list. The city with the lowest average score is Harlingen, Texas at 686.
4.) In ancient Greece and Rome, the first banks operated in temples and religious facilities. Why? Because they tended to have better security.
5.) The first institution resembling today’s stock market was founded in 1531 in Antwerp, Belgium. -
6.) What’s the largest amount of money you can have in coins without being able to make change for $1? That would be $1.19—three quarters, four dimes and four pennies.
7.) Think your life is stressful? According to the Federal Reserve System, a $1 bill will live just 22 months. If you were a $100 or $50 bill, however, your life span would be nine years.
8.) Personal debt per citizen is about $51,000, if you total all consumer debt (including mortgages, revolving and non-revolving debt) and divide it by the total number of American citizens, according to the U.S. National Debt Clock. Ouch! Makes you want to launch your own personal debt reduction plan, doesn’t it?
9.) The nickel’s design was actually created by an auto designer. In 1938, General Motors auto stylist Felix Schlag won the contest to design the 5-cent piece, according to the U.S. Mint.
10.) Apple's cash and investments are now equal to the GDP of Hungary, and more than that of Vietnam and Iraq.
11.) Until the U.S. Federal Reserve was created in 1908, individual banks could create their own money.
12.) The total assets under supervision for JP Morgan is $2.2 Trillion - more than the GDP of India.
13.) The World's First Bank was Monte Dei Paschi di Siena, founded in 1472 and headquarted in Tuscany, Italy. It still operates today.
14.) Zimbabwe has experienced the worst inflation in the world-6.5 sextillion percent in November 2008.
15.) Starbucks has operations in more countries than both Goldman Sachs & JP Morgan Chase.
16.) Ikea is the world's largest and richest "non-profit charity".
17.) The Tootsie Roll story began in 1896, when Austrian-born Leo Hirshfield opened a tiny candy shop in New York City. It was affectionately named after Hirshfield's five-year old daughter, Clara, whose nickname was 'Tootsie'.
18.) Pencil sale rates increased by 700% the year after Sudoku became popular.
19.) New Google employees are called 'nooglers' and are given a propeller beanie hat to wear on their first Friday.
20.) Singapore has the world's highest percentage of millionaires with 1 out of 6 households having at least USD one million in disposable wealth.
21.)Ted Turner is the largest private landowner in the U.S. with about 1.75 million acres in New Mexico, Montana, South Dakota and Nebraska
22.) 40 percent of McDonald's profits come from the sales of Happy Meals.
23.) Most of Sony's profits come from selling insurance. In Japan, they sell auto, life and medical insurance.
24.) Friday and Saturday flights are 30% more expensive than flights with Monday to Thursday departures.
25.) The Company "SHARP" is named after the company's first product, the ever sharp pencil.