Qtions Blog: Your place for The Top 5

Sunday, March 30, 2008

The Top 5 Reasons You Will Never Have $1 Million

Odds are in life that you will never have $1 million, so I decided I would tell you why. Here are the Top5 reasons you will never have $1 million.

#5) High Cost Of Living

In today's world it is very expensive to live, whether your talking about bills or just in general. The cost of your electric bill is through the roof and gasoline is at an all time high.

#4) Hard To Save

Money is hard to save, we all admit that, but it is hard to save because we are forced to spend. If you go out to your local casino you will probably notice the flashing lights and the massive billboards. These are the things that make it impossible for people to save.

#3) Employer Gives Bad Raises

If you are like 90% of employees you are probably having a hard time trying to get your employer to give you a good raise. You need these raises, especially if you plan on making it to $1 million.

#2) Low Paying Jobs

Most people are stuck with low paying dead end jobs, which just will not get you to $1 million. These are the people who probably need the money the worst. Employers are just a lot less likely today to offer a high salary or wage to an employee just starting out. This is another big reason you will never have $1 million.


#1) Economic Crisis

With the economy the way it is right now we will probably be dealing with it for the next 15-20 years. Costs are way up and people just cannot find time to save, or a chance for that matter. People are being way over taxed and their loans interest is through the roof. This is the main reason why you will probably never see $1 million.


With the economy the way it is, the people who actually had a chance to get to a million 10 years ago are probably not going to get there now. The only chance you have of getting to the $1 million mark is if the inflation gets worse.




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