I found a website that will determine anyone of chances of becoming a millionaire. These questions are based on these Source: “The Millionaire Game,” in John S. Morton and Mark C. Schug, Financial Fitness for Life: Going for the Gold (New York: National Council on Economic Education, 2001). The answers to the test come primarily from two excellent sources: Dwight R. Lee, and Richard B. McKenzie, Getting Rich in America (New York: Harper Business, 1999), and Thomas J. Stanley and William D. Danko, The Millionaire Next Door (New York: Pocket Books, 1996).

Answer each question “True” or “False.” For each correct answer, you will receive five points. For each incorrect answer, you will lose five points. For any five questions, you may hold up the “Millionaire” sheet with your answer. If you answer correctly, you will receive ten points. If you answer incorrectly, you will lose ten points.

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.

To know the answers visit the website after you finish your answers.

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