08-27-2024, 07:05 PM
There are several reasons why these professions are more represented among millionaires.
Student loan debt - medical school is expensive
Numbers - there are 3X more teachers than physicians
Income - engineers have high incomes, but they only need a bachelor's degree
Financial literacy - accountant is self-explanatory
Retirement benefits - many people become millionaires via their retirement plans. Government agencies tend to offer better retirement benefits than most private sector employers.
One article on this study theorized that it's about personality. In most of these professions, everything is black or white, right or wrong. This makes them anal about tracking their finances.
Student loan debt - medical school is expensive
Numbers - there are 3X more teachers than physicians
Income - engineers have high incomes, but they only need a bachelor's degree
Financial literacy - accountant is self-explanatory
Retirement benefits - many people become millionaires via their retirement plans. Government agencies tend to offer better retirement benefits than most private sector employers.
One article on this study theorized that it's about personality. In most of these professions, everything is black or white, right or wrong. This makes them anal about tracking their finances.
Graduate of Not VUL or ENEB
MS, MSS and Graduate Cert
AAS, AS, BA, and BS
CLEP
Intro Psych 70, US His I 64, Intro Soc 63, Intro Edu Psych 70, A&I Lit 64, Bio 68, Prin Man 69, Prin Mar 68
DSST
Life Dev Psych 62, Fund Coun 68, Intro Comp 469, Intro Astr 56, Env & Hum 70, HTYH 456, MIS 451, Prin Sup 453, HRM 62, Bus Eth 458
ALEKS
Int Alg, Coll Alg
TEEX
4 credits
TECEP
Fed Inc Tax, Sci of Nutr, Micro, Strat Man, Med Term, Pub Relations
CSU
Sys Analysis & Design, Programming, Cyber
SL
Intro to Comm, Microbio, Acc I
Uexcel
A&P
Davar
Macro, Intro to Fin, Man Acc
MS, MSS and Graduate Cert
AAS, AS, BA, and BS
CLEP
Intro Psych 70, US His I 64, Intro Soc 63, Intro Edu Psych 70, A&I Lit 64, Bio 68, Prin Man 69, Prin Mar 68
DSST
Life Dev Psych 62, Fund Coun 68, Intro Comp 469, Intro Astr 56, Env & Hum 70, HTYH 456, MIS 451, Prin Sup 453, HRM 62, Bus Eth 458
ALEKS
Int Alg, Coll Alg
TEEX
4 credits
TECEP
Fed Inc Tax, Sci of Nutr, Micro, Strat Man, Med Term, Pub Relations
CSU
Sys Analysis & Design, Programming, Cyber
SL
Intro to Comm, Microbio, Acc I
Uexcel
A&P
Davar
Macro, Intro to Fin, Man Acc
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