The Millionaire Game

Test how financially savvy you are. Respond to each statement as “True” or “False.” You may work in groups to complete this exercise.

  1. Most millionaires are college graduates.
  1. Most millionaires work fewer than 40 hours a week.
  1. More than half of all millionaires never inherited money.
  1. Most millionaires attended private schools.
  1. Most millionaires drive expensive new cars.
  1. Most millionaires work in glamorous jobs, such as sports, entertainment, or high tech.
  1. Most millionaires work for very large public companies.
  1. Many poor people become millionaires by winning the lottery.
  1. A college graduate earns almost double the annual income of a high school graduate.
  2. If you save $2,000 a year from age 22 to age 65 at 8 percent interest, your savings will be more than $700,000 at age 65.
  1. At age 18, you decide not to drink a soda from the vending machine saving you a $1.50 a day and If you give up your $4.50 Starbucks each day, you would save a total of $29,000 by age 28 (10 years) Imagine what you can do with that! New Car…. Down payment on new home…Saving the same $6 a day, until age 67, you would have an amazing $457,000 saved.

The Millionaire Game

Test how financially savvy you are. Respond to each statement as “True” or “False.” You may work in groups to complete this exercise.

  1. Most millionaires are college graduates.
  1. Most millionaires work fewer than 40 hours a week.
  1. More than half of all millionaires never inherited money.
  1. Most millionaires attended private schools.
  1. Most millionaires drive expensive new cars.
  1. Most millionaires work in glamorous jobs, such as sports, entertainment, or high tech.
  1. Most millionaires work for very large public companies.
  1. Many poor people become millionaires by winning the lottery.
  1. A college graduate earns almost double the annual income of a high school graduate.
  2. If you save $2,000 a year from age 22 to age 65 at 8 percent interest, your savings will be more than $700,000 at age 65.
  1. At age 18, you decide not to drink a soda from the vending machine saving you a $1.50 a day and If you give up your $4.50 Starbucks each day, you would save a total of $29,000 by age 28 (10 years) Imagine what you can do with that! New Car…. Down payment on new home…Saving the same $6 a day, until age 67, you would have an amazing $457,000 saved.