(This is a guest article by Gary Foss*)
Did you know that 56% of seniors in college carry four or more credit cards? Or that the economic downturn has cost the global economy an estimated $2,500,000,000,000 so far? Or that every day more money is printed for Monopoly than the US Treasury?
Take a look at some of these other crazy & true financial numbers:
- 25 cents of every dollar is how much the average person between the age of 25 and 34 spends on debt repayment.
- $28,000 is the average lifetime cost of owning a dog.
- $45,000 is how much you’ll pay if that dog is a Great Dane.
- $24,000 is what you’ll pay if you own a Jack Russell Terrier though.
- 888% profits last year is how much Lahde Capital made after they bet against US sub-prime mortgage assets – one of the definite winners in the credit crunch.
- $3.50 per gram for marijuana, $50 for cocaine, and $200 for crack cocaine is the amount that Tennessee imposed as a (short lived) tax for the possession of illegal drugs in 2005.
- $28,000 is how much a decade-old toasted cheese sandwich went for on eBay after it was said to bear an image of the Virgin Mary.
- $455 is how much someone paid on eBay for water that was apparently left in a cup that Elvis Presley once drank from.
- 24% is how much more married men tip than single men.
- $2,000,000,000+ is how much candy is purchased worldwide every Halloween.
- $7,030 is the yearly income for the average person on earth.
- $85,100 is how much you earn on average in Switzerland though.
- $54,689 is how much the average American adult earns if they have a bachelor's degree.
- $400 is how much the average person living in Burundi makes each year.
If you’re feeling bad about your finances remember that you probably earn more than $400 per year and chances are you haven’t paid $28,000 for a grilled cheese sandwich.
*About the author: Gary Foss writes for a life insurance resource site.
*Image Credit: Photograph by Stewf [via Flickr Creative Commons]