This week we had 24 youth present for the second part of the Personal Finance program. Gair led us in a discussion about how "Ordinary Millionaires" live their lives. We found out that 3.5 percent of the U.S. population are millionaires, and of them, 95% have a net worth of between 1-10 million dollars (these are our "Ordinary Millionaires"). She gave each of the kids an imaginary $100 dollars and led them through a quiz in which they answered questions about these "Ordinary Millionaires" in succession, and either doubled their money for correct answers, or halved it for incorrect answers. We learned that the lifestyles these successful folks live can best be described as "thrifty" and in most cases conforms with what we think of as Christian living, ie. married to one person their whole lives, not driving extravagant cars, and not living in huge mansions.
Next up, Corn Maze on Oct 21st. Meet at CPC at 4pm in the SH room. Bring $10 and a bag dinner.
Tuesday, October 16, 2007
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