The Millionare Game

Get into groups of three.

• For each question tell a spokesperson your vote- true or false. Majority wins.
• Spokesperson hold up True or False on your IPAD.
• You get 5 points added if you are right or taken away if you are wrong.
• Add a $ on up to 5 questions to double your points.
• Winners enter the Millionaire Club!!!

1. Most millionaires are college graduates.

Most millionaires work fewer than 40 hours a week.

More millionaires have American Express Gold Cards than Sears Cards.

More millionaires drive Fords than Cadillacs.

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

Most millionaires work for Fortune 500 companies.

Many poor people become millionaires by winning the lottery.

College graduates earn 65% more than high school graduates learn.

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 eight percent

annual interest, the high school graduate would have $5,500,000.

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

millionaires.

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

At age 18, you decide not to smoke and save $1.50 a day. You invest this

$1.50 a day at eight percent annual interest until you are 67. At age 67,

your savings from not smoking are almost $300,000.

If you save $2000 a year from age 22 to age 65 at eight percent annual

interest, your savings will be over $700,000 at age 65.

Single people are more often millionaires than married people.

Rules for Improving your financial life.

• Get a good education
• Work long, hard, and smart.
• Learn money management skills.
• Spend less than you could spend.

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• 5. Save early and often.
• 6. Invest in common stocks for the long term.
• 7. Gather information before making decisions.