Be a Millionaire!
May 20th is Be a Millionaire Day! Go ahead… pretend you’re made of money!
Who wants to be a millionaire? Many of you might say yes. But the real question is: How do you become a millionaire? The road to riches isn’t paved with deceased, estranged, rich Uncles. Many millionaires gain their fortune simply by working, saving, and living within their means. It takes years, but it is possible!
Millionaire Fun Facts:
The millionaire’s club is a big one. There are more than 7 million millionaires in the world. (About 1 millionaire for every 1000 people.)
The average age of Forbes’ 400 wealthiest individuals is 63.
Only 20% of millionaires inherited their money. The rest earned every penny.
Half of all millionaires are business owners or self-employed.
80% of millionaires drive used cars.
80% of millionaires have college degrees. (About 1 in 5 has a Master’s degree.)
80% of millionaires still go to work. In fact, most of them work 45-55 hours a week.
The top 1% of US earners (millionaires!) pay about 40% of all taxes.
Many millionaires have only 1 credit card and pay it off each month.
One million $1 bills (USD) weigh 1 ton.
Did you know… According to the authors of The Millionaire Next Door, most millionaires do not live extravagant lifestyles. They are very careful with their money. But what about the people who live in those expensive houses and drive luxury cars? Many of those people actually live paycheck to paycheck and do not have much wealth. Ben Franklin was right: “A penny saved is a penny earned.”
Quote of the Day:
“All I ask is for a chance to prove that money doesn’t buy happiness.” ~ Unknown
May 20th is Be a Millionaire Day! Go ahead… pretend you’re made of money!
Who wants to be a millionaire? Many of you might say yes. But the real question is: How do you become a millionaire? The road to riches isn’t paved with deceased, estranged, rich Uncles. Many millionaires gain their fortune simply by working, saving, and living within their means. It takes years, but it is possible!
Millionaire Fun Facts:
The millionaire’s club is a big one. There are more than 7 million millionaires in the world. (About 1 millionaire for every 1000 people.)
The average age of Forbes’ 400 wealthiest individuals is 63.
Only 20% of millionaires inherited their money. The rest earned every penny.
Half of all millionaires are business owners or self-employed.
80% of millionaires drive used cars.
80% of millionaires have college degrees. (About 1 in 5 has a Master’s degree.)
80% of millionaires still go to work. In fact, most of them work 45-55 hours a week.
The top 1% of US earners (millionaires!) pay about 40% of all taxes.
Many millionaires have only 1 credit card and pay it off each month.
One million $1 bills (USD) weigh 1 ton.
Did you know… According to the authors of The Millionaire Next Door, most millionaires do not live extravagant lifestyles. They are very careful with their money. But what about the people who live in those expensive houses and drive luxury cars? Many of those people actually live paycheck to paycheck and do not have much wealth. Ben Franklin was right: “A penny saved is a penny earned.”
Quote of the Day:
“All I ask is for a chance to prove that money doesn’t buy happiness.” ~ Unknown
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