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What does it take to be Wealthy?

{ Posted on Sep 01 2010 by Marcus Alston }

What does it take to be wealthy?  Hard work, optimism, wealthy family, good health, smarts, education, being tall, being thin, good looks, being an only child, married and only once, no children, exercise consistently, persistence, sexist, entrepreneurial spirit, not too much of a risk taker?  Well, according to a quiz you can take at by CLICKING HERE, all of these characteristics statistically make it more likely that you will be wealthy at adulthood.  None of them is a guarantee of wealth—not even being born into a wealthy family, although it would seem to give you a heck of a good head start and a chance at a significant inheritance.  I would add being frugal, having and staying within budget, managing credits cards wisely, saving early and often, and controlling your debt as other keys to wealth.  Throw in  an emphasis on hard work, general financial planning, and a little luck and you have a great recipe for financial success that could make anyone a millionaire.

Looking at these factors, you can see why parents stress education.  It is one of the few categories parents have a lot of control over.

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