Managing your money can be an important skill in life. A lot of people do well in their job and make a lot of money, but still end up broke. Learning how to stay on a budget, save money, and invest wisely can help you to stay financially secure through life.
Below we cover some subjects on the area of personal finance.
Money has been around for a long time. Today, there is all sorts of money from coins to credit cards to electronic bits on a computer. Learn about the different types of money, the history of money, and more in the subjects below.
Economics covers the big picture of money. How it affects the country and the world. In the subjects below you will learn more about the economics of money and finance.
In 2014, the U.S. Bureau of Engraving and Printing printed around 24.8 million bills a day.
Thomas Edison once said that "Opportunity is missed by most people because it is dressed in overalls and looks like work."
The thirteen steps on the pyramid on the back of the U.S. $1 bill represent the first thirteen states.
The ridges around the edges of coins were first put their to keep people from clipping the edges. Today, they are there to help blind people identify different coins.
The $2 bill makes up less than 1% of U.S. paper currency.
Around 39% of consumer purchases in the U.S. are made with credit cards.
If you got a million dollars in cash you would want it in $100 because it would weigh only 20.4 pounds. If you got it in $1 bills, it would weigh 2,040.8 pounds!
Many people have more than one credit card with the average credit card holder having 3.5 credit cards.
A person who studies or collects money is called a numismatist.
According to Forbes there were 1,645 billionaires in 2014.
The United States national debt as of November of 2014 was over $17 trillion. It would take over $58,000 per person to pay off the debt.
Note: This information is not to be used for individual legal, tax, or investment advice. You should always contact a professional financial or tax advisor before making financial decisions.
