QoD: What number of millionaires are there in america?

There are about 340 million individuals within the US. What number of can declare they’re price one million bucks?

Reply: 22,710,000 individuals (about 6.7% of the inhabitants)

Questions:

• Is that this a monetary aim of yours? Do you suppose it is wholesome to have monetary objectives like this? Clarify.
• Why do you suppose that most individuals fall in need of attaining one of these aim? What hurdles stand in the best way?
• A good friend asks you what you suppose are three key components to turning into a millionaire. What do you inform them?

Listed here are the ready-to-go slides for this Query of the Day that you should use in your classroom. 

Behind the numbers (finmasters):

• 22,710,000 individuals within the U.S. have a internet price of $1 million or extra. 
• Amongst all states, New Jersey has probably the most millionaire households.
• Solely 3% of American millionaires acquired an inheritance of $1 million or above.
• China, Japan, Germany, the U.Ok., and France, added collectively, have fewer millionaires than the U.S.
• The everyday American millionaire owns simply one property (43%)

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About
the Writer

Dave Martin

Dave joins NGPF with 15 years of instructing expertise in math and pc science. After becoming a member of the New York Metropolis Instructing Fellows program and incomes a Grasp’s diploma in Training from Tempo College, his instructing profession has taken him to New York, New Jersey and a summer time within the north of Ghana. Dave firmly believes that monetary literacy is important to creating well-rounded college students which are ready for a fancy and extremely aggressive world. Throughout what free time two younger daughters will permit, Dave enjoys video video games, Dungeons & Dragons, cooking, gardening, and taking naps.

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