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If you’ve ever wanted to be a millionaire, then it might be time to look into Minnesota; the state has 1,533 millionaires living in it! That means that there is both money and opportunity for people looking to make their fortune. But what does it take to become one? It turns out that even if you don’t have an I.Q. of 120 or higher (which is just above average), your odds of becoming a millionaire are still pretty good-in fact, research shows that once you get beyond an I.Q. of about 120 which is just a little above average intelligence and creativity are not at all related so even if you aren't smarter than most people, you can still wield amazing creative intelligence if you put your mind to it. We actually found some of the facts in this article from https://lookwhatmomfound.com/ . The average net worth of a millionaire in Minnesota is $2.4 million The character of a person's net worth is largely dependent on the type of assets they own. The average net worth of a millionaire

Did you know that an estimated 70% of inheritances are wasted by inheritors? That's a staggering statistic! Protect your money from being wasted on silly things like video games by learning how to protect it. How to control how heirs spend your money? As we mentioned in the previous post, there is a difference between strong and weak estate planning. If you're not careful, your heirs may spend your money more quickly than they should. Here's how to help control spending: 1. Make a budget for your family. Determine how long you want to support them, and come up with an annual budget that fits in with your needs. After all, they're not just living off you--you have to build in some extra spending power so that the children can grow into their own financial lives, especially if one of your goals is to keep them from living in your house forever. 2. Make an investment plan for the money that doesn't go toward basic support and living expenses. Dedicate some of it to lo

Balance sheet items should be classified as Assets , Liabilities and Equity. The concept of the supply and demand curve is an important one in economics. It represents the point at which consumers are willing to pay for a product at a given price because they will benefit from it. But when the cost for production increases, businesses must either stop hiring people, or cut the price of their product. This dynamic is what has been happening in the job market since 2008. Whats a ledger balance? A ledger balance is a technical term used in recordkeeping to summarize the debits and credits of a particular account. A ledger balance always shows the balances at a specific point in time, but it can be either negative or positive. In accounting ledgers, all accounts have two sides: one side for debit entries that decrease an account balance, and another side for credit entries that increase an account balance. The total of all of these ledger balances is the nominal ledger. The nominal ledger

When you go to withdraw money from your bank, what do you see? Do you see thousands of dollars waiting for you to spend them on new cars and homes, or do you wonder where all your money went? When it comes down to it, we would like to think that we know how much we have and where it all goes. We would like to think that we know where our money is and what kind of financial shape we are in. However, when you look at the numbers, do they add up? Are you really in better shape than you thought you were last month? Are your withdrawals more than your deposits every single month? Is your balance of dollars even close to what you think it is? What does present balance mean? The present balance is the value of your credit available at any one time. What does "credit" mean? Credit is a loan that you are given to purchase goods. What you don't pay upfront, but rather buy now and pay later. What are some ways to increase your savings account? There are many ways to increase savings