Only 8% of the world’s currency is in physical money.

We live in a digital world, so it’s no surprise that only 8% of all the “money” around the world is physical cash. But no need to rush the bank. The digital dollars in your checking and savings account are as real as the cash in your pocket.

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3 Tips: Increase your Credit Score Using a Credit Card

3 Tips – Increase your Credit Score using a Credit Card Your credit score is important, especially if you’re wanting to purchase a large ticket item such as a vehicle or a home in the future. It’s simple, have a higher credit score, pay less money when you need to borrow money. Your credit score […]

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94% of bills are contaminated with bacteria

Approximately 94% of paper money that moves from hand to hand is riddled with bacteria. One NYU study found 3,000 types of organisms on just 80 $1 bills — including bacteria linked to pneumonia, food poisoning and staph infections. If money is too filthy to touch, how are you supposed to pay the bills? Consider using a credit card instead. If […]

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Consumer Scams

Many Iowans find their savings coveted by scammers beyond the health, insurance and investment realms. The Iowa Attorney General’s office protects Iowans from consumer fraud and enforces laws that keep fraudulent sales practices from harming consumers. Craigslist and eBay Scams Scam artists troll legitimate listings for properties and products and use them to post new, […]

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The Bureau of Engraving and Printing uses 9.7 tons of ink each day

The United States Bureau of Engraving and Printing (also called the “Money Factory”) has two active facilities from which it prints money today. Together these two facilities use a mind-blowing 9.7 tons of ink per day.

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Medicare Scams

Healthcare insurance is an investment in your health. The Senior Health Insurance Information Program (SHIIP) is a free, confidential service of the State of Iowa that assists Iowans in making informed decisions about Medicare coverage. SHIIP also helps Iowans spot and report Medicare fraud. Senior Medicare Patrol (SMP), like SHIIP, falls under the Iowa Insurance Division and […]

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A penny costs 2.4 cents to manufacture.

Yes, it costs more than two pennies to make one penny, all so that you can get exact change on a $1.99 candy bar……..

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Investment Scams

Your investment approach should change as you grow older to fit your changing needs. Be wary of con artists who will take advantage of this period of change in your finances. Alert the Iowa Insurance Division if you suspect one of these scams is happening to you or someone you know. Affinity Fraud Affinity fraud targets […]

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