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By nature, two-prong outlets aren't grounded—but the box they run to might be, which makes them safer. The safest way to test if an outlet is grounded is to purchase a circuit tester, which cost about $20 at home improvement stores. 

If you discover your outlet (or outlets) aren't grounded, know that this greatly increases your risk of personal injury and electrical fires. You may want to consider installing new three-prong ground fault circuit interrupter (GFCI) outlets. On average, the cost to install GFCI outlets is about $210 per outlet.

GFCI outlets generally need to be replaced every 7 to 15 years, though some may fail in as little as 5 years, depending on usage. It is important to test them regularly. Signs that a GFCI outlet is failing or has reached the end of its lifespan include: no power coming from the outlet, the outlet not resetting when the 'reset' button is pressed, or the outlet not tripping when the 'test' button is pressed. If you notice any of these issues, it is time to replace the outlet, and it's best to contact an electrician to do so.

Rewiring an electric system in a house typically ranges between $2,000 and $9,000, but a simple project can cost as low as $1,500. More complex upgrades run $10,000 or higher. The price depends on the size of your home, how accessible the wiring is, the cost of materials, and local electrician fees.

While circuit breakers are designed to be reset after tripping, there isn't a strict countdown to when they will fail. The primary danger lies in a breaker tripping multiple times in a short period without allowing the components to cool down. Theoretically, a standard breaker might handle around 50 trips caused by simple overloading. However, this number can be much lower in practice. For instance, a high-current fault could damage a breaker to the point that it needs replacement after only two resets. Repeatedly resetting a breaker that trips frequently exacerbates the underlying problem by causing the electrical components, wires, and the breaker itself to overheat. This can lead to permanent damage, cause the breaker to trip unnecessarily in the future, and increase the risk of an electrical fire. If a breaker trips every few minutes, you should leave it in the 'off' position and call a qualified electrician for an inspection.