Did you know that being too relaxed might lead to overspending? Well, that along with 8 other Interesting Facts about Money may just help you save more. Plus, these facts can be really good conversation starters!
1. MONOPOLY MONEY> REAL MONEY
It is a fact that more Monopoly money is printed each year than real money printed throughout the world.
2. MICROTEXTS ARE PRINTED THE BACK OF SINGAPORE’S 1000 BILLS
Did you know that the entire lyrics of the national anthem are printed in the microtexts on the back of the S$1000? It certainly is micro to make all the text fit. Awesome!
(Source: Monetary Authority of Singapore)
3. ALL GOLD IN THE WORLD CAN FIT A TENNIS COURT
All the discovered gold in the world will be able to fit a court of 62 feet and 82 feet on each side. Imagine a whole tennis court covered with gold bars!
(Source: Forest, C., 2009)
4. THE FIRST CREDIT CARD WAS CREATED OUT OF EMBARRASSMENT
Interestingly, the first Credit Card was created because of a man’s embarrassment who had to pay for dinner but forgot his wallet. It surely is a shameful moment especially when you have a date with a pretty lady.
5. NEWER IS BETTER
To save money, fill your wallet with new money. Research showed that you are less likely to spend bills if they are smooth, crispy and new.
6. HIGHER DOMINATIONS WILL EQUAL TO LESS SPENDING
Another way to save money is to stack up more bills of S$100 and S$1000 because research has shown that people are more likely to spend smaller bills, and are reluctant to spend bills in higher domination.
7. BEING TOO RELAX LEAD TO OVERSPENDING
According to the study by Columbia Business School, when people are placed in a calming environment (i.e., classical music with comfortable chairs), and when they feel extremely relaxed, they overspent by 15%. So, it may be best to walk up the escalator or do simple exercises first before shopping.
8. SOME FONTS CAN SAVE MORE PRINTER INK AND TONER
If you want to save money on printer ink or toner, one thing you should do is to change the fonts that you use for printing. Century Gothic, Ecofont, Garamond, and Courier are some of the fonts that naturally use less ink.
Do you want to learn more? Here is a colorful infographic by Daily Infographic that you can share to your friends! Or, do check out other Money Digest articles.