Comments on: Intelligence Does Not Equate To High Net Worth http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html Living for today - Planning for Tomorrow Wed, 01 Sep 2010 10:58:29 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Minimum Wage http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-80128 Minimum Wage Sat, 19 May 2007 05:15:03 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-80128 I'd love to get some training or education, but I don't have the money and cannot borrow it. It's funny how they all insist on getting their money up front. I’d love to get some training or education, but I don’t have the money and cannot borrow it. It’s funny how they all insist on getting their money up front.

]]> By: Hazzard http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-80121 Hazzard Sat, 19 May 2007 03:35:09 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-80121 Minimum Wage, It sounds like you are in a hard spot. I'm not sure what your age is, but have you considered trying to get some training that could help you move in to a more lucrative field? I'm sure that opportunites vary based on where you live, but it is one consideration. Minimum Wage,
It sounds like you are in a hard spot. I’m not sure what your age is, but have you considered trying to get some training that could help you move in to a more lucrative field? I’m sure that opportunites vary based on where you live, but it is one consideration.

]]> By: Minimum Wage http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-80091 Minimum Wage Fri, 18 May 2007 20:19:42 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-80091 My hard work has not allowed me to get out of the minimum wage run; indeed I think I'm perpetually stuck there. Pay range where I work is 20 cents, so even the hardest work is not rewarded here and my age and lack of career-related experience probably have by now made me unemployable. My hard work has not allowed me to get out of the minimum wage run; indeed I think I’m perpetually stuck there. Pay range where I work is 20 cents, so even the hardest work is not rewarded here and my age and lack of career-related experience probably have by now made me unemployable.

]]> By: LAMoneyGuy http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-80079 LAMoneyGuy Fri, 18 May 2007 18:44:06 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-80079 How funny, I was just reading this article. I think it comes as no surprise to anyone who has read the Millionaire Next Door. The specifically cite that SAT scores and GPAs are not very good predictors of future wealth. To Minimum Wage, I think the hard work is supposed to do you some good by allowing you to get out of the minimum wage rut. How funny, I was just reading this article. I think it comes as no surprise to anyone who has read the Millionaire Next Door. The specifically cite that SAT scores and GPAs are not very good predictors of future wealth.

To Minimum Wage, I think the hard work is supposed to do you some good by allowing you to get out of the minimum wage rut.

]]> By: Minimum Wage http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-79564 Minimum Wage Thu, 17 May 2007 16:11:45 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-79564 What good are hard work and personal finance skills if you make minimum wage? What good are hard work and personal finance skills if you make minimum wage?

]]> By: Hazzard http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-79551 Hazzard Thu, 17 May 2007 13:16:07 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-79551 It seems to me that another trait that is required when succeeding with personal finance is determination. I know there are lots of people with lower IQ's but that are very hard working and determined. Some of them are doing quite well financially. I think the trick is to give everyone basic personal finance skills so that they realize it's a goal they need to embrace. It seems to me that another trait that is required when succeeding with personal finance is determination. I know there are lots of people with lower IQ’s but that are very hard working and determined. Some of them are doing quite well financially. I think the trick is to give everyone basic personal finance skills so that they realize it’s a goal they need to embrace.

]]> By: broknowrchlatr http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-79547 broknowrchlatr Thu, 17 May 2007 13:02:30 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-79547 Good read. I had my IQ tested twice in college for studies not unlike this one. Both times, my IQ was in the low 130s. I make over $100k from all my income sources and have an above average net worth for my age and income. That being said, my IQ and savings rate have nothing to do with one another. I simply happen to posess both traits. My father makes a fair ammount less than I do and he is going to be able to retire at 55 with a very substancial retirment account. Good read. I had my IQ tested twice in college for studies not unlike this one. Both times, my IQ was in the low 130s. I make over $100k from all my income sources and have an above average net worth for my age and income.

That being said, my IQ and savings rate have nothing to do with one another. I simply happen to posess both traits.

My father makes a fair ammount less than I do and he is going to be able to retire at 55 with a very substancial retirment account.

]]> By: Minimum Wage http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-79469 Minimum Wage Wed, 16 May 2007 22:48:35 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-79469 I earn minimum wage. My IQ is 120. Where's all that extra money I'm supposed to be making? I earn minimum wage. My IQ is 120. Where’s all that extra money I’m supposed to be making?

]]> By: Minimum Wage http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-79468 Minimum Wage Wed, 16 May 2007 22:47:46 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-79468 I earn minimum wager. My IQ is 120. Where's all that extra money I'm supposed to be making? I earn minimum wager. My IQ is 120. Where’s all that extra money I’m supposed to be making?

]]> By: University Update http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html/comment-page-1#comment-79463 University Update Wed, 16 May 2007 22:11:27 +0000 http://www.everybodylovesyourmoney.com/2007/05/16/intelligence-does-not-equate-to-high-net-worth.html#comment-79463 <strong>Intelligence Does Not Equate To High Net Worth...</strong> ... Intelligence Does Not Equate To High Net Worth…

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