Answer the following questions/Statements as best you can ... (True/False some might have a longer answer)

Most millionaires are college graduates.

A majority of millionaires work fewer than 40 hours a week.

.More than half of all millionaires never received money from a trust fund or estate.

.More millionaires have American Express Gold Cards than Sears cards.

.More millionaires drive Fords than drive Cadillacs.

Most millionaires work in glamorous jobs, such as sports, entertainment, or high tech.

Most millionaires work for big Fortune 500 companies.

Many poor people become millionaires by winning the lottery.

College graduates earn about 30 percent more than high school graduates.

If an average 18-year-old high school graduate spends as much as an average high school dropout until both are 67 years old, but the high school graduate invests the difference in their earnings at eight percent annual interest, the high school graduate would have approximately $5,500,000.

Day traders usually beat the stock market and many become millionaires.

If you want to be a millionaire, avoid the risky stock market.

. At age 18, you decide not to smoke and save on average, $1.50 a day. You invest this $1.50 a day at eight percent annual interest until you are 67. At age 67, your savings are almost $300,000.

If you save $2,000 a year from age 22 to age 65 at eight percent annual interest, your savings will be over $700,000 at age 65.

Single people are more often millionaires than married people.