If you haven’t seen the game show “Who Wants to be a Millionaire” the concept is pretty simple. A contestant is faced with a series of multiple choice questions that begin with the very easy and get more difficult as you go on with the last question being worth $1,000,000. The clip below features a college student who would like to become a millionaire, but from the results you can see why he may want to rely on the basics such as spending less than you earn, avoiding debt and saving for retirement rather than count on his own intelligence. In fact, he might want to focus on studying a bit more while in college as well.
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About the Author: Jeremy Vohwinkle is a Chartered Retirement Planning Counselor® and spent a few years working as a financial planner. Today, he helps people make the most of their money by writing about personal finance here and elsewhere on the web. Jeremy is also Coach at Adaptu and a regular contributor for other publications such as Intuit, and American Express. Be sure to follow Jeremy on Twitter or Google+.