5 Surprising Things To Learn About Money

December 29, 2020 | Daniel Dewitt

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Money makes the world go round. It’s the one truly inseparable aspect of life – unless you decide to become a hermit, move to uninhabited woods, and live exclusively off of the earth. Unless you decide to do that, money will continue to play a rather significant – one might even say deciding – role in the quality of your life.

But how much do you know about money? Probably significantly less than you would about anything else you’d be using with the same frequency.

Here are some rather interesting facts about money you will probably be surprised to learn about money.

1. Only One Woman Has Ever Appeared On U.S. Currency Note

And that woman was Martha Washington. The very first lady of the US was featured on the one silver dollar bill back in the 1800s.

After her, no woman has ever graced paper money printed in the US.

That could change though – it was decided that Harriet Tubman would replace Andrew Jackson on a $20 bill in 2016 – initially, she was supposed to replace Alexander Hamilton on a $10 bill, but Lin-Manuel Miranda’s famous musical kind of put a wrench into those plans.

The new bill was supposed to enter circulation in 2020 but has been delayed until 2028 for redesign reasons. That is, a full redesign of banknotes is planned – ostensibly to counter fraudulent activity.

2. The Most Expensive Coin Is Worth More Than $40 Million

To be more exact, the most expensive coin was sold for $43.7 million. It was a 1913 Liberty Head Nickel – of which there are supposed to be only five in existence and were apparently made by a rogue Mint employee.

If this is true, then the 1913 Liberty Head Nickel is the second rarest US coin in existence, with the 1849 Double Eagle being the rarest, with only 2 coins in existence, one of which is kept at National Numismatic Collection at the Smithsonian Institution and the second location unknown.

 

Related content: How To Make Big Money Fast

 

3. Women Who Marry Later In Life Earn More

Unfortunately, the stereotype about married life hindering women in career is true.

And that truth is worth a whopping $18,000, which is how much more women who wait to marry until they’re at least 30 earns in a year, compared to their married counterparts.

So now millennials have another reason to delay starting a family – aside from crippling debt, the skyrocketing real estate, and the childcare expenses. 

4. More Than 50% Of Lottery Tickets Are Bought By The Same 5%

While you might indulge yourself every once in a while and get a lottery ticket in hope of scoring several hundred million, you likely know your chances are next to non-existent.

But the lottery companies are fine with that because you’re not the primary target group they’re working on. That target group is comparatively small – but very dedicated, as they continue to buy lottery tickets despite not winning anything.

And if that wasn’t enough to lay off the lottery tickets, then consider this: if a person has to drive 10+ miles to get a lottery ticket, then they’re chances of dying in a car accident are higher than of winning the lottery – about 3 times higher if we’re trying to be exact.

money knowledge installment loans  

5. Installment Loans Are Significantly Easier Than Other Loans

Most people seem to be unaware of this, but the majority of loans you’ll ever take out in life are really difficult on your finances. However, installment loans in Mississippi can make things easier to get quick cash for emergencies.

Some of the largest loans – your mortgage, your car, maybe even your student loans – and some of the smallest loans you’ll ever take out in life will all be expensive loans.

However, in Mississippi, if you need quick cash fast, signature installment loans from Mississippi are one of the most optimal options on the market.

What Are The Benefits Of Signature Installment Loans?

They’re easy and fast loans to get when you are in a serious pinch. They’re also short-term and can be paid off quickly, which makes them ideal in case you have an emergency to handle and don’t have the money – but you don’t want to be indebted for a long while.

We also will try to work with you even if your credit score isn’t the best – or even non-existent. We will do a credit check when you apply, but you can still sit down with us and see what we can do with you.

All you need to get a signature installment loan are a government-issued ID to prove you are 18 or older, an active checking account in your name, and some sort of income. Plus our process is simple for anyone to go through.

How Do I Find Signature Installment Loans?

As I mentioned, going through our process is easy and convenient. We want to make sure you are able to get the quick cash you need for emergencies. Here is how our process goes:

  1. Go to our website and apply for online installment loans by filling out the form.
  2. A loan representative from the nearest location will contact you and set up a meeting.
  3. You’ll bring your ID, a bank statement from your checking account, and a recent pay stub to our nearest loan places in Mississippi.
  4. The loan representative will examine your documents and decide whether to approve your application.

If you’re approved, you could get up to $1,250 the very same day.

When it comes to money, it is good to know some background history on something we use so much. These facts will definitely surprise you!