Most millionaires work fewer than 40 hours per week.

More than half of all millionaires inherited money.

Most millionaires attended private schools.

Most millionaires drive expensive new cars.

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

Most millionaires work for very large public companies.

The most common way to become a millionaire is by winning the lottery.

A college graduate earns almost double the annual income of a high school graduate.

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% interest, the high school graduate would have $5.5 million more than the high school dropout at age 67.

Investors who buy and hold stocks for the longterm have better long-term stock returns than those who buy and sell stocks more frequently.

Millionaires tend to avoid investing in the stock market.

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% interest until you are 67.  At age 67, your savings from not buying soda from the vending machine are almost $300,000.

If you save $2,000 a year from age 22 to age 65 at 8% interest, your savings will be more than $700,000

at age 65.

Millionaires tend to be single rather than married.

How confident are you in your knowledge of personal finance?