MoneyWise | January 12, 2021

Fun Facts About Money

Show Notes

Money is something we all need and use. But do you ever think about all the things you don’t know about the money in your pocket? Host Rob West and Steve Moore talk about the background of our currency and other fun facts about the money we use.

  • The pyramid on the back of the $1 bill is actually part of the U.S. official seal, supposed to represent permanency, and not part of some Illuminati conspiracy.
  • The Secret Service was first organized to hunt down counterfeiters. It wasn’t until the assassination of William McKinley in 1901 that Congress asked the Secret Service to also protect the president.
  • More Monopoly money is printed each year than actual currency.
  • The average lifespan of a dollar bill is only 22 months.
  • 500, 1,000, 5,000, and 10,000 dollar notes were printed until 1969 when they were discontinued for lack of use.
  • The Bible contains over 2300 verses relating to money or possessions, more than any other topic.

Here are a couple of questions we answered from our callers on today’s program:

  • I had a term life insurance for over 30 years and it just expired in September. What should I do next in terms of insurance?
  • What are your feelings on churches that require their staff to tithe and give offerings?

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