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96% of employed people will not be able to retire at age 65. According to the Employee Benefits Research Institute, 96% of employed Americans will not be able to collect their full Social Security retirement benefits.

The average #millionaire goes #bankrupt at least 3.5 times. Source: Stanley, Thomas J. and William D. Danko. The Millionaire Next Door: The Surprising Secrets of America's Wealthy. Lanham, MD: Taylor Trade Publishing, 1996.

#save #money Do you take the train to work each morning? Many employers offer transit cards that are taken out of your paycheck pre-tax. It could save you big bucks over a few years.

According to recent reports, we spent $51 billion on our beloved pets in 2012, with $310 million of that specifically spent on pet costumes. We also poured out $96 billion for beer, $800 million for Girl Scout cookies, $500 million on twinkies and $65 billion for soda.

Just 17% of millionaires or their spouses attended a private elementary or high school. However, 55% of millionaires’ children have attended/are attending private schools.

If you have to choose between a job in your field that pays less and a job in another that pays more, always choose the one you’re more passionate about. You’ll waste time at a job you’re not interested in, when you could be working your way up the ladder in a field you love.

⚡️ “History” nitter.gq/i/moments/114141955071…

The largest denomination of U.S. Currency was the $100,000 bill. The largest bill ever printed by the Bureau of Engraving and Printing was a $100,000 gold certificate, printed in 1934 and 1935. It was used primarily by banks, and was rarely seen by the public eye.

Only 20% of millionaires are retirees. Around 80% still go to work.

You must monitor your #bank #account. In the age of debit cards, it’s easy to go weeks without checking up on your bank account. Yet twenty-four percent of college students have bounced a #personal #check. Don’t let it happen to you, check your bank account levels regularly.

Infamous drug lord Pablo #Escobar had so much extra cash lying around that he lost an astounding $2.1 billion dollars to #rats. Since he couldn’t keep his illegal earnings safe in a #bank, he stored them in a warehouse, where rats feasted on 10% of his #savings every year.

The preferred car of millionaires is a Ford. Cadillacs are second and Lincolns are third. Many millionaires avoid high-priced cars in favor of a more economical set of wheels because cars are investments with little return.

A recent study argues that millionaires (those in the top 1% of earners) pay approximately 40% of all taxes in the United States.

Only 8% of the world’s currency is in physical #money. We live in a #digital world, so that's no surprise. But no need to rush the bank. The digital dollars in your checking and savings account are as real as the cash in your pocket.

Setting up automatic payments can help you pay bills on time. Thirty-two percent of college students have either missed or been late on a credit-card payment. It goes without saying that this isn’t a good thing, so always make sure your bills are pay in full and on time.