Fake News: A Quarter A Day For A Year Will NOT Get You $9,125

Fact Check

  • by: Maarten Schenk
Fake News: A Quarter A Day For A Year Will NOT Get You $9,125

Does saving a quarter a day for a year get you $9,125? No, that's not true: it will get you $91.25 despite what a viral image says.

An example of the image can be seen in this post (archived here) where it was published on May 27, 2019 with a text that read "New savings plan!". The image shows a jar of coins under a caption that reads:

A quarter a day for a year will get you $91,25

Don't quit your day job just yet if you believed that. If you multiply the number of years in a day (365) by 0.25 you only get 91.25. During a leap year you could add another quarter to that and you'd save a whopping $91.50.

Using this method it would take you about 100 years to reach $9,125 (assuming you kept the money in a jar and didn't put it into any type of intrest-earning account).

Here is the image in question:


Don't get taken in by bad math!

  Maarten Schenk

Maarten Schenk is the co-founder and COO/CTO of Lead Stories and an expert on fake news and hoax websites. He likes to go beyond just debunking trending fake news stories and is endlessly fascinated by the dazzling variety of psychological and technical tricks used by the people and networks who intentionally spread made-up things on the internet.

Read more about or contact Maarten Schenk

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