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Facts and figures
Where are they now?
One and two cent coins circulated Australia up until 1992 – before being finally halted from production. Where did all those coins end up? Turns out the bronze in the coins was melted down and used for the Bronze Medals in the 2000 Sydney Olympic Games. Makes good cents to us!
$40,000
Amount of money American Airlines saved in 1987 by eliminating one olive from each salad served First Class.
$6,400
Cost of raising a medium sized dog to the age of eleven.
Interesting stuff about compound interest
Did you know that over time your money with 7% compound interest* will:
• Double after 10 years
• Treble after 16 years
• Quadruple after 20 years
• Grow to a staggering 7.5 times as much after 30 years!
What this means is that the sooner you start saving the easier it is. Wherever you are in life’s journey, now is the best time for you to begin and encourage others to do the same.
*Not taking into account inflation
Speak to us at Eluvia about making your money add up.