Tag Archives: Fun Financial Facts

Did you know? In 1997, the new…
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In 1997, the new $50 bill is introduced. The second note to be redesigned to include new security features, the reverse side also includes an enlarged number 50 in the lower right-hand corner to aid the low-vision community. Find more … Continue reading

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Did you know? In 1996, additional security…
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In 1996, additional security features are added to a newly redesigned $100 Federal Reserve note. The note incorporates both familiar and new features, while remaining recognizably American. Redesigned lower denominations are being introduced at the rate of about one denomination … Continue reading

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Did you know? In 1913, after the…
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In 1913, after the financial panics of 1893 and 1907, the Federal Reserve Act of 1913 was passed. It created the Federal Reserve System as the nation’s central bank to regulate the flow of money and credit for economic stability … Continue reading

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Did you know? Memorial Day was…
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Memorial Day was declared a federal holiday in 1971. Find more fun facts and statistics about money at financialexcellence.net.

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Did you know? In 1791, after adoption…
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In 1791, after adoption of the Constitution in 1789, Congress chartered the first Bank of the United States until 1811 and authorized it to issue paper bank notes to eliminate confusion and simplify trade. The bank served as the U.S. … Continue reading

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Did you know? Research shows it takes…
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Research shows it takes 64 seconds to recover your train of thought after interruption by email.  If you check every 10 minutes, you waste more than 4 hours a week wondering what the heck you were just doing. Find more … Continue reading

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Did you know? In 1781 to support …
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In 1781, to support the Revolutionary War, the Continental Congress chartered the Bank of North America in Philadelphia as the nation’s first “real” bank. Find more fun facts and statistics about money at financialexcellence.net.

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Did you know? In 1775, American colonists…
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In 1775,  American colonists issued paper currency for the Continental Congress to finance the Revolutionary War. The notes were backed by the “anticipation” of tax revenues. Without solid backing and easily counterfeited, the notes quickly became devalued, giving rise to … Continue reading

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Did you know? In 1690 the Massachusetts…
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In 1690 the Massachusetts Bay Colony issued the first paper money in the colonies which would later form the United States. Find more fun facts and statistics about money at financialexcellence.net.

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Did you know? Ten years after graduation…
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Ten years after graduation, 80% of college graduates are working in something totally unrelated to their degree. Find more fun facts and statistics about money at financialexcellence.net.

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