What it means to be a millionaire and how to get there

What it means to be a millionaire and how to get there

Assessment

Interactive Video

Life Skills, Business

University

Hard

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The video explores what it means to be a millionaire, focusing on net worth rather than income. It explains how net worth is calculated by subtracting liabilities from assets. The video highlights the disparity in wealth distribution in the US, influenced by billionaires. It offers strategies to increase wealth, such as homeownership, investing, and debt management. Finally, it discusses changing perspectives on wealth, emphasizing health and happiness over financial success.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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