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.
Author: Jeremy Vohwinkle
My name is Jeremy Vohwinkle, and I’ve spent a number of years working in the finance industry providing financial advice to regular investors and those participating in employer-sponsored retirement plans.