Now, this article was a bit shocking to me, even though I’ve heard many of the statistics before. I knew that a lot of people don’t have a good understanding of how to build wealth over time, but 21% of the population thinking the easiest way to do it is by winning the lottery? And it’s higher depending on which demographic you look at.
What a depressing state of affairs. And 10% of our population has a negative net worth? Yikes. We have got to come together as a nation and develop a curriculum for our youth to learn about money. It is a crime that so many people are so in the dark.