What Are Your Chances of Becoming Rich?

A Powerball winner in California won a drawing back on October 11, 2023 for an estimated $1.765 billion. You and I know that the probability of hitting the lottery is very slim to none - but someone has to win, right?

Since we’re on the subject of money, I want to share this post with you today.

There was a study conducted back in the 90’s that tracked 100 people over a 45 year time-period from age 20 to age 65, to see how the average American ends up financially. Not surprising, these numbers still hold true today.

By having access to the internet these days, things are a bit better and these numbers may be slightly off, but they’re close to the same.

I want you to think about the fact that in America, one of the richest countries that has ever existed on the face of the earth, about 5% of the people do well financially and 95% of them do not do so well.

Those numbers are scary and you may wonder what category are you in? If these numbers still hold true, you have a 5% of making it financially and a 95% chance of not making it.

However, as long as you have time on your side, you can increase your chances to succeed. 

What category are you in?