Worldwide Success

If you want to become a millionaire, you should try to learn as much as possible about the DNA of millionaires.  In other words, what do they do, what are their habits, what are their beliefs, what are their lifestyles?  In the Worldwide Success site we have discussed millionaires in several posts, including Millionaire Myths, Are You Millionaire Material?, and The 10 Best Advices on Becoming a Millionaire, just to mention a few.   After you have browsed through the articles in our millionaires category you should have gained a considerable amount of knowledge to help you in your own millionaire journey.

But how much do you really know about millionaires?  Well, there is one way to find out – let’s take a quiz.  I have run across this wonderful quiz that should help assess your knowledge of millionaires.  Read the questions and note your answers as true or false:

1. Most millionaires are college graduates.

2. Most millionaires work fewer than 40 hours a week.

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

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

5. More millionaires drive Fords than Cadillacs.

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

7. Most millionaires work for big Fortune 500 companies.

8. Many poor people become millionaires by winning the lottery.

9. College graduates earn about 65 percent more than high school graduates earn.

10. 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 his or her earnings at 8 percent annual interest, the high school graduate would have $5,500,000.

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

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

13. At age 18, you decide not to smoke and save $1.50 a day. You invest this $1.50 a day at 8 percent annual interest until you are 67. At age 67, your savings from not smoking are almost $300,000.

14. If you save $2,000 a year from age 22 to age 65 at 8 percent annual interest, your savings will be over $700,000 at age 65.

15. Single people are more often millionaires than married people.

We want to make sure you take the test without peeking at the answers, so we will hold off publishing the answers until October 8th.  Please come back and compare your answers to the answers provided.  For those of you that have been studying millionaires for quite some time, you may get most of the answers right.  But if you are new in your millionaire journey you may be surprised by what you will learn.

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