{"id":234693,"date":"2022-05-18T16:00:57","date_gmt":"2022-05-18T15:00:57","guid":{"rendered":"https:\/\/www.factstoryhub.com\/?p=234693"},"modified":"2025-03-08T16:37:09","modified_gmt":"2025-03-08T16:37:09","slug":"money-facts","status":"publish","type":[],"link":"https:\/\/www.factstoryhub.com\/money-facts\/","title":{"rendered":"10 Facts About Money That Won\u2019t Make You Rich"},"content":{"rendered":"<p>From the very start of our lives, we have used money for more than our fair share of a lot of things.\n</p><p>For centuries, money has been spent from the most extravagant to the most mundane things.\n</p><p>But if there\u2019s one thing for certain about money, it sure is incredibly hard to save!\n</p><p>Since it&rsquo;s hard to scrimp for greenbacks, here are ten facts about money that you can pull out of your pocket.\n</p><p>They might not necessarily break the bank, but they can most definitely break the ice.\n</p><h2 class='\"list\"'>The original inscription on US pennies is the direct opposite of \u201cpenny for your thoughts.\u201d\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234794 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/us-penny.jpg%5C%22" alt='\"Penny' for your thoughts width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/us-penny.jpg' https: sizes='\"(max-width:'>\n</p><p>We\u2019ve all heard the old idiom &ldquo;penny for your thoughts;&rdquo; it\u2019s quite a lighthearted way to be asked what we\u2019re thinking of.\n</p><p>But back in 1787, the very first American coin to be made was inscribed with something far sterner.\n</p><p>The Fugio Cent, the copper penny also known as the Franklin cent after its original designer Ben Franklin, had the currency imprinted with \u201cMind your business.\u201d\n</p><p>While it is originally said to be more of a literal financial instruction rather than a snarky warning, it is still quite funny to think how it sounds now.\n</p><h2 class='\"list\"'>A penny costs more to make than it&rsquo;s worth.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234804 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/dumping-penny.jpg%5C%22" alt='\"Pennies' pouring down in a big container width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/dumping-penny.jpg' https: sizes='\"(max-width:'>\n</p><p>Speaking of pennies, it costs 2.06 cents to make a penny, while a nickel costs 7.53 cents to make.\n</p><p>It sure gives a new meaning to \u201cit takes money to make money.\u201d\n</p><h2 class='\"list\"'>There\u2019s more Monopoly money printed than actual US currency.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234796 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/playing-monopoly.jpg%5C%22" alt='\"Two' people playing monopoly on a wooden table width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/playing-monopoly.jpg' https: sizes='\"(max-width:'>\n</p><p>Hasbro, the company that brought the popular board game to the world, has more <a href="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/monopoly-board-game-facts%5C/%5C%22">Monopoly bucks printed out than real money in the US Federal Reserve.\n<p>The toymakers produce Monopoly money by the truckload, $30 billion, in fact, a paltry amount to the Bureau of Engraving and Printing\u2019s $974 million annual production.\n</p><h2 class='\"list\"'>The Bible warned us about the evil of money.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234795 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/reading-bible.jpg%5C%22" alt='\"Person' reading the holy bible width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/reading-bible.jpg' https: sizes='\"(max-width:'>\n</p><p>\u201cMoney is the root of all evil\u201d is a common phrase when talking about greed.\n</p><p>This age-old saying has become so widely popular that self-styled financial gurus have even actively tried to disprove it.\n</p><p>Where it originated is really interesting, though, because it came from The Holy Bible.\n</p><p>In 1 Timothy 6:10 it states, \u201cFor the love of money is the root of all evil: which while some coveted after, they have erred from faith, and pierced themselves through many sorrows.\u201d\n</p><p>Now you have to admit; it is pretty hard to argue against The Holy Scripture!\n</p><h2 class='\"list\"'>The $2 bill is considered to be unlucky.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234797 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/person-holding-2-dollar.jpg%5C%22" alt='\"Person' holding a bill width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/person-holding-2-dollar.jpg' https: sizes='\"(max-width:'>\n</p><p>Considered rare, even if a billion of the bills are still in circulation today, the $2 bill is said to carry bad luck not because of <a href="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/strange-superstition-facts%5C/%5C%22">superstition but because of its awkward denomination.\n<p>Its printing was discontinued back in 1966 but was again reinstated in 1976, strangely because the federal government wanted to cut down the number of bills being circulated.\n</p><h2 class='\"list\"'>Money has a surprisingly short lifespan.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234798 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/us-federal-reserve.jpg%5C%22" alt='\"The' us federal reserve building width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/us-federal-reserve.jpg' https: sizes='\"(max-width:'>\n</p><p>Sure, the cash in your pocket right now has gone through several pairs of hands but it&rsquo;s actually not that old!\n</p><p>Depending on its denomination and the transaction, a bill\u2019s lifespan is surprisingly short, with most of it not even reaching its teens.\n</p><p>The US Federal Reserve estimates it thusly: with the <a href="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/dollar-origins%5C/%5C%22">$1 bill lasting only 6.6 years, the $5 bill 4.7 years, $10 5.3 years, $20 7.8 years, $50 12.2 years, and the $100 estimated to last 22.9 years.\n<h2 class='\"list\"'>Paper money is not really made out of paper.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234799 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/inspecting-paper-bills.jpg%5C%22" alt='\"A' person inspecting paper bills. width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/inspecting-paper-bills.jpg' https: sizes='\"(max-width:'>\n</p><p>Unlike most paper, which is made out of wood pulp, money is made out of 75% cotton and 25% linen.\n</p><p>Back in the days of Ben Franklin, people would even repair torn bills with a needle and a thread.\n</p><p>Now that\u2019s definitely one way to lengthen money\u2019s short lifespan!\n</p><h2 class='\"list\"'>The grooves on coins have a purpose.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234801 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/coin-stacks.jpg%5C%22" alt='\"Close' up on coin ridges width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/coin-stacks.jpg' https: sizes='\"(max-width:'>\n</p><p>Most of our coins have these ridges around them called reeded edges, and they serve an essential purpose that helps prevent counterfeiting and fraud.\n</p><p>The way it works with fraud, such as with coins made out of silver or other precious metals, is it prevents coin clipping where one shaves off the rims and the shavings sold for profit.\n</p><p>This is barely detectable without the reeded edges and devalues the currency.\n</p><h2 class='\"list\"'>Security threads on bills glow differently.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234802 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/security-thread.jpg%5C%22" alt='\"Security' thread glowing on a bill width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/security-thread.jpg' https: sizes='\"(max-width:'>\n</p><p>Bills have a unique security thread embedded in it.\n</p><p>These can be seen under a UV light with each of the security threads glowing differently depending on the denomination.\n</p><p>This helps protect from counterfeiting.\n</p><h2 class='\"list\"'>During the civil war, postage stamps replaced coins due to a shortage.\n</h2><p><img loading='\"lazy\"' decoding='\"async\"' class='\"alignnone' size-full wp-image-234803 src="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/wp-content%5C/uploads%5C/2022%5C/04%5C/postage-stamps.jpg%5C%22" alt='\"Different' postage stamps width='\"728\"' height='\"400\"' srcset='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/postage-stamps.jpg' https: sizes='\"(max-width:'>\n</p><p>The civil war brought about a lot of things and one of them is the shortage of coins.\n</p><p>Back then coins were still made out of <a href="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/facts-about-gold%5C/%5C%22">gold and silver, making them far more precious hence why people tended to hoard them.\n<p>The government then decided to address this shortage by letting people pay their debts using postage stamps.\n</p><p>Funnily enough, though, this too has caused a shortage of stamps.\n</p><p>&nbsp;\n</p><p>Money has been known to make the world go round, but there&rsquo;s actually more to it than a crisp piece of paper.&nbsp;\n</p><p>So the next time you hand over your hard-earned cash at the store, think of these facts and the history surrounding banknotes.\n","protected":false},"excerpt":{"rendered":"</p><p>Money has been known to be the root of all evil. But is that true? We always hear that cash is king, but there&rsquo;s more to it than meets the eye. So keep on reading to learn ten facts about your hard-earned cash.\n","protected":false},"author":10000024,"featured_media":234780,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"0","_relevanssi_related_exclude_ids":"8554,202749","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"183406,6608,176187,580","_relevanssi_noindex_reason":"","footnotes":""},"category":[350],"tags":[1172],"topics":[390],"class_list":["post-234693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-economy","tag-money","topics-currency","infinite-scroll-item","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","resize-featured-image"],"acf":{"tfs_sources":[{"url":"https:\/\/www.cracked.com\/article_32204_the-very-first-us-coin-told-you-to-mind-your-business.html","title":"Cracked","no_follow":false},{"url":"https:\/\/govtrackinsider.com\/it-costs-2-to-make-a-penny-and-7-to-make-a-nickel-but-cents-act-could-bring-those-costs-down-aa6aabfc9a8b#:~:text=It%20currently%20costs%202.06%20cents,the%20cost%20actually%20adds%20up.","title":"GovTrack Insider","no_follow":false},{"url":"https:\/\/biblehub.com\/1_timothy\/6-10.htm","title":"Bible Hub","no_follow":false},{"url":"https:\/\/www.wfaa.com\/article\/money\/rewind-bad-luck-bill-the-strange-history-of-the-2-bill\/287-0c003632-cccf-4b73-8272-557ef76c3e2a","title":"WFAA","no_follow":false},{"url":"https:\/\/www.federalreserve.gov\/faqs\/how-long-is-the-life-span-of-us-paper-money.htm","title":"Federal Reserve","no_follow":false},{"url":"https:\/\/www.mentalfloss.com\/article\/28044\/how-many-ridges-are-quarter-and-why-are-they-there-first-place","title":"Mental Floss","no_follow":true},{"url":"https:\/\/ph.news.yahoo.com\/30-strange-facts-never-knew-090000267.html","title":"Yahoo! News","no_follow":false}],"tfs_previous_post_link":false,"tfs_next_post_link":false,"tfs_social_fact":"Did you know that the old saying \"money is the root of all evil\" came from a Bible passage?","tfs_pinterest_image":234841,"tfs_pinterest_description":"Money is known to be the root of all evil, but there's more to it than the bad reputation that we always hear about. The cash that's in your pocket right now has a lot of history behind it. There was even a time when postage stamps replaced coins due to a shortage during the civil war. So the next time you pay for the things you buy at the store, think of these facts about this piece that makes the world go round. #TheFactSite #Facts #Money #Coins #Currency #Cash #History","is_trending":false,"tfs_guest_author":false},"yoast_head":"</p><title>10 Facts About Money That Won\u2019t Make You Rich - FactstoryHub\n<meta name='\"description\"' content='\"Money' has been known to be the root of all evil. but is that really it keep on reading learn facts about your hard-earned cash.>\n<meta name='\"robots\"' content='\"index,' follow max-snippet:-1 max-image-preview:large max-video-preview:-1>\n<link rel='\"canonical\"' href="%5C%22https:%5C/%5C/www.factstoryhub.com%5C/money-facts%5C/%5C%22">\n<meta property='\"og:locale\"' content='\"en_US\"'>\n<meta property='\"og:type\"' content='\"article\"'>\n<meta property='\"og:title\"' content='\"10' facts about money that won make you rich factstoryhub>\n<meta property='\"og:description\"' content='\"Money' has been known to be the root of all evil. but is that really it keep on reading learn facts about your hard-earned cash.>\n<meta property='\"og:url\"' content='\"https:\/\/www.factstoryhub.com\/money-facts\/\"'>\n<meta property='\"og:site_name\"' content='\"FactstoryHub\"'>\n<meta property='\"article:publisher\"' content='\"https:\/\/www.facebook.com\/TheFactSite\"'>\n<meta property='\"article:published_time\"' content='\"2022-05-18T15:00:57+00:00\"'>\n<meta property='\"article:modified_time\"' content='\"2025-03-08T16:37:09+00:00\"'>\n<meta property='\"og:image\"' content='\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/money-facts.jpg\"'>\n\t<meta property='\"og:image:width\"' content='\"1500\"'>\n\t<meta property='\"og:image:height\"' content='\"750\"'>\n\t<meta property='\"og:image:type\"' content='\"image\/jpeg\"'>\n<meta name='\"author\"' content='\"CJ' cruz>\n<meta name='\"twitter:card\"' content='\"summary_large_image\"'>\n<meta name='\"twitter:creator\"' content='\"@TheFactSite\"'>\n<meta name='\"twitter:site\"' content='\"@TheFactSite\"'>\n<meta name='\"twitter:label1\"' content='\"Written' by>\n\t<meta name='\"twitter:data1\"' content='\"CJ' cruz>\n\t<meta name='\"twitter:label2\"' content='\"Est.' reading time>\n\t<meta name='\"twitter:data2\"' content='\"6' minutes>\n<script type='\"application\/ld+json\"' class='\"yoast-schema-graph\"'>{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.factstoryhub.com\/money-facts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.factstoryhub.com\/money-facts\/\"},\"author\":{\"name\":\"CJ Cruz\",\"@id\":\"https:\/\/www.factstoryhub.com\/#\/schema\/person\/f367d97bada72a9638035ccd1e3eef46\"},\"headline\":\"10 Facts About Money That Won\u2019t Make You Rich\",\"datePublished\":\"2022-05-18T15:00:57+00:00\",\"dateModified\":\"2025-03-08T16:37:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.factstoryhub.com\/money-facts\/\"},\"wordCount\":861,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.factstoryhub.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.factstoryhub.com\/money-facts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/money-facts.jpg\",\"keywords\":[\"Money\"],\"articleSection\":[\"Business &amp; Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.factstoryhub.com\/money-facts\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.factstoryhub.com\/money-facts\/\",\"url\":\"https:\/\/www.factstoryhub.com\/money-facts\/\",\"name\":\"10 Facts About Money That Won\u2019t Make You Rich - FactstoryHub\",\"isPartOf\":{\"@id\":\"https:\/\/www.factstoryhub.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.factstoryhub.com\/money-facts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.factstoryhub.com\/money-facts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.factstoryhub.com\/wp-content\/uploads\/2022\/04\/money-facts.jpg\",\"datePublished\":\"2022-05-18T15:00:57+00:00\",\"dateModified\":\"2025-03-08T16:37:09+00:00\",\"description\":\"Money has been known to be the root of all evil. 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