42 Fruitful Financial Facts That Begin Compounding the Second You Read Them

The quicker you get these in your brain, the quicker they start earning
42 Fruitful Financial Facts That Begin Compounding the Second You Read Them
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They say that a fact saved is a fact earned, but if you invest it properly, a single fact could actually earn you all kinds of facts. It’s like a little spark that really gets you thinking about other relevant facts. Next thing you know, you’re hunting down even more facts and becoming a complete whiz on the subject. And hey, when the subject is money, you can start doing some serious earning in that realm too! 

Here’s a whole bunch of little deposits to get you started now…

Rich people have special therapists to help them from becoming mentally unstable due to their wealth. Called wealth therapists, their job is to help t

Win Ben Stein's Money

In the game show Win Ben Stein's Money, money won by contestants was actually paid by the producers. Money left over at the end of a season was given to Stein. If the total amount paid out exceeded that budget, the production company paid the excess. Ben Stein was never in any danger of losing his money. CRACKED NOW YOU KNOW

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Plutophobia

PLUTOPHOBIA CRACKED COM Most people wish they had more money, but plutophobia is a fear of money or wealth. It may stem from a fear of the responsibilities or pressures associated with it, so they may sabotage their own career to prevent them from making more money.
Beyonce bought an $80k Barbie. CRACKEDCON For Blue Ivy's first birthday, Beymomce picked her up a Barbie from... Target? KB Toys? Who stocks this stuf

Harvard

Harvard's endowment is currently 32.7 billion dollars. If Harvard used part of that endowment to pay full tuition, room, and board for all 6,700 undergrads, its endowment would be left with a mere... HAVAH 32.3 billion dollars. CRACKED.COM

Universal Basic Income

A BIG STUDY FOUND UNIVERSAL BASIC INCOME DOESN'T MAKE PEOPLE WORK LESS. A Finnish study gave 2,000 unemployed people €560 a month for two years (even if they got a job), and compared how they did with how people on unemployment did. The people on UBI had better mental health, confidence, and finances, and weren't less likely to look for work. CRACKED.COM

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DOLLAR rbine COINS Hendensatot CRACKEDcO In 2007, the US government thought dollar coins would replace bills, saving the mint $4.4 billion over the ne

Source: NPR

Donald Trump

On August 21, 2019, Trump tweeted that the dollar was the strongest it's been in history. That day, the U.S. Dollar Index the most common measure of t
When abroad, pay using the local currency instead of your home one. Paying using your home currency will get you poor exchange rates and extra fees fr

The Treasury Department

The US Treasury Department provides blind US citizens a free machine to read currency. The iBill is compact enough to slip into a side pocket. It can identify all US currency. They have also developed free apps to read currency with a smartphone. CRACKED NOW YOU KNOW

The Aztecs

Cacao Beans The Aztecs loved chocolate sO much they used cocoa beans as curreNCY.

Hyperinflation

In 1923, hyperinflation caused German currency to lose almost all of its value. It became so worthless that people gave it to children to play with or used it as wallpaper. GRACKED.COM

Italy

Italy has a Fort Knox for cheese. Credito Emiliano accepts wheels of Parmesan as collateral for loans while cheese makers wait for their sources of income to mature. NOW YOU KNOW CRACKED.COM

Zimbabwe

Inflation in Zimbabwe reached 76.9 billion percent in 2008. 100000 000 000 000 RESERVE BANK OF ZIMBABWE 1000000000 000000 I promise to pay FEBLE the bearer on demand ONE HUNDRED TRILLION DOLLARS for the Reserve Bank of Zimbabure GRACKED.COM Dr G. Gone One year later, Zimba- bwe abandoned its currency. The ex- change rate at the time was $35 quadril- lion Zimbabwean dol- lars to $1 US dollar.
Don't exchange currency at the airport if you can help it. Currency Exchange Travelex troved money hurd E WELCOME TO GLASGOW ARPORT Online collection

In God We Trust

TWENTY SHILL Counterfeit, s DESER Before it said In God We Trust, all US currency came with a handy reminder: TO COUNTERFEIT IS DEATH. NOW YOU KNOW CRACKED.COM

Beefy Bills

Lots of modern money is not vegan. 24 countries' currency uses a polymer derived from tallow (beef fat). NOW YOU KNOW CRACKED.COM

Smallest Pocket Change Ever

The smallest coins ever used, Vijayanger's tara, had a diameter of 4 millimeters. If you didn't have exact change, you'd be carrying around a pocket full of tiny buttons. NOW YOU KNOW CRACKED.COM

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North Korea

North Korea's military used Bitcoin to steal over half a billion dollars. They stole it from online trading platforms in 2017 and 2018, and used blockchain technology (the basis of Bitcoin) to be able to do it undetected. NOW YOU KNOW CRACKED.COM

The Great Depression

Bits of random debris were used as currency during the Great Depression. THIS SCRIP IS REDEEMABLE BY THE TRUSTEES OF THE Tenino Chamber of Commerce, Inc. FROM THURSTON COUNTY WARRANTS AND THE ASSIGNED DIVIDENDS FROM THE LIQUIDATION OF THE CITIZENS BANK OF TENINO, WASH FOR THE AMOUNT OF 1 1 ONE DOLLAR IN UNITED STATES CURRENCY Redeemable during the Hwurchmann Month of December, 1933 N° 40 Third Series Issue-of January, 1933. Depression Scrip was made of things like shells, wood, and paper, which was used as local currency instead of US dollars due to banks be- ing closed.

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