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WorksheetsMillionaire True False
Total questions: 15
Worksheet time: 4hrs 45mins
Most millionaires are college graduates.
True
False
Most millionaires work fewer than 40 hours a week.
True
False
More than half of all millionaires never inherited money.
True
False
Most millionaires attended private schools.
True
False
Most millionaires drive expensive new cars.
True
False
Most millionaires work in glamorous jobs, such as sports, entertainment, or high tech.
True
False
Most millionaires work for very large public companies.
True
False
Many poor people become millionaires by winning the lottery.
True
False
On average, a college graduate earns almost double the annual income of a high school graduate.
True
False
If a high school graduate invests the difference between his or her earnings and the earnings of a high school dropout, from age 18 until age 67, at 8 percent interest, the high school graduate would have over $5,500,000 more than the high school dropout at age 67.
True
False
Investors who buy and hold stocks for the long-term have better long-term stock returns than those who buy and sell stock more frequently.
True
False
Millionaires tend to avoid the stock market.
True
False
At age 18, you decide not to drink soda from the vending machine and save $1.50 a day. You invest this $1.50 a day at 8 percent interest until you are 67. At age 67, your savings from not buying soda from the vending machine are almost $300,000.
True
False
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.
True
False
Millionaires tend to be single rather than married.
True
False
