1. inflation
   stock market increases
2. favorable tax laws

Since the increase in the number of millionaires is largely due to inflation, it also means a lot less these days to be a millionaire.

1. $1 million
   $5 million
2. $10 million

The term "investable assets" means that the individual's home is not included when calculating his or her net worth.

1. a trust fund
   a savings account
2. stocks

Non-liquid assets are those that can not easily be turned into cash.

1. assets minus liabilities
   liquid assets minus non-liquid assets
2. liquid assets plus money owed to you

Liabilities are your debts, including mortgage, credit card debt and outstanding car payments.

1. They are frugal spenders.
   They have inherited their money.
2. They hate their work.

The book "The Millionaire Next Door" studied millionaires and came up with a number of surprising characteristics about them.

1. hectamillionaire
   decamillionaire
2. super-high-net-worth individual

Although there is no standard way of defining a millionaire, when you get into the range of the extremely rich, bankers agree that they should leave a person's house out of the calculation of his net worth.

1. starting your own business
   playing the lottery
2. working your way up the corporate ladder of a large company

The majority of millionaires were self-made and most frequently owned their own businesses. This way, the profits went straight to them instead of to the owners of the company for whom they worked.

1. miscategorization in government statistics on the topic
   propaganda spread by established corporations
2. unfounded rumors that grew out of fear

Many of the businesses that the government lists as failures due to closure are actually simply sold off or closed voluntarily, not out of necessity.

1. 0.35
   0.5
2. 0.65

Not only that, but only one-tenth of small businesses close each year in the United States, according to a different study.

1. earning interest on the interest earned as well as on the principle invested
   earning interest at a steadily increasing interest rate
2. earning interest that is calculated and added each week

By earning compounded interest, you will earn much more overall than if you withdraw the interest and only add more savings each month. Leaving your interest alone is the key to really making your wealth grow.

1. because it will be worth much less by then
   because once you get a million, you will not want to retire
2. because you will have put away so much that you were not able to purchase a house before then

Inflation causes the steady devaluation of money so that $1 million dollars in 30 years time will be able to purchase less than half of what it could today.

1. one to two
   three to six
2. 10 to 12

No matter how far along you are to your goal of becoming a millionaire, you can still run into unexpected financial hardship. Having an emergency fund will help you live for a few months in the event of a layoff or business failure.

1. something you already know about
   one in an industry that is popular
2. one with a stock price that recently has gone up

If you are familiar with the type of business you invest in, it will make you a more informed investor. This can help you to get into a company before it becomes popular and goes up in price.

1. people who have enough money to live on each month
   people who barely make enough to cover their expenses each month
2. people who own their own businesses

Even though these people might not feel the immediate need to budget, they may still be hurting their future by wasting money instead of saving or investing it.

1. the smallest one
   the oldest one
2. the largest one

After you eliminate your smallest debt, you can add what you were paying on it each month to your nest smallest one and eliminate it more quickly.

1. finding an unfilled niche
   advertising
2. maintaining a large amount of liquid assets

A successful business does not have to be one that reinvents the proverbial wheel. If you can find a business that meets a need that has been overlooked, you might be able to achieve your millionaire dreams.

1. Aries
   Virgo
2. Scorpio

Much like being born to rich parents, your astrological sign is something you have no real control over. But maybe you should start planning if you want your children to have a chance of becoming rich!

1. employer-matched contributions to your retirement accounts
   federal grants
2. savings account interest

If your employer matches contributions to your 401(k) or IRA, you should make sure to contribute the maximum that you are allowed.

1. Set up an automatic deposit from your paycheck.
   Maximize your 401(k) deposits.
2. Hang a note with your goals on your refrigerator.

By having your savings taken out of your paycheck up front, you won't miss them as much since you'll never actually see them in the first place.

1. Increase your monthly savings deposits following a raise.
   Find one item each month on which you can spend less.
2. Gradually increase your savings deposits by a small amount each month.

When receiving a pay raise, many people want to go out and spend it right away. If you increase your savings instead, you won't feel a loss of any kind since your lifestyle won't really change.