Friday, October 26, 2007

Money and the importance of education

Money is one measure of success. It is not the only measure of success, and not even the best measure of success. However, the amount of dollars a person has tells something about their how well they are doing.

Forbes Magazine tracks the richest people in America. They have some surprising results:

"The vast majority of the 234 U.S. billionaires whose education level is tracked by Forbes magazine through 1999 finished college; 100 have some form of advanced degree, but 41--that's 18%--never got their college diplomas and two never even finished high school."

This shows that education helps people succeed in the world of finance, but it is not nesseccary.

Our children need to be taught that an education is only one of the things that will help them get ahead in life, at least in terms of money. They also need to learn to work hard and be frugal.


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Technorati tags: success, children

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