QoD: How much money is spent on the internet every 60 seconds?

Nov 19, 2019
Question of the Day, Budgeting, Research

Hat tip to Yanely for pointing out this fascinating question.

Answer: $996,596

Here's what else happens in an internet minute: 


  • You guessed the answer as to how much is spent in a minute on the internet. Calculate how much is spent in
    • an hour,
    • a day,
    • a month, and
    • a year. 
  • What are items that you buy over the internet?
  • Do you the think shopping on the internet will increase or decrease in the next five years? Explain. 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (from Visual Capitalist): 

When it comes to gauging the epic scale of the internet, it would seem that each minute leans closer to the extraordinary side of the spectrum. Today’s infographic from @LoriLewis and @OfficiallyChadd aggregates the online activity of billions of people globally, to see what an internet minute looks like.


Here's a lesson where your students will reflect on how social media impacts their spending: Social Media and Spending



About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.