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Do you know how much Americans borrow to get the car they want?
Did you know that if you save $5,000 a year in a retirement account starting at an early age you could retire as a millionaire?
Did you know that it takes a relatively small sum of money to have an enjoyable and financially sound life?
Why don't our schools teach our young adults something about personal finances before they graduate?
Do you know what happens to your money if you die without a will?
Big numbers .. 1 million seconds is about 11.5 days, 1 billion seconds is about 32 years a trillion seconds is equal to 32,000 years.
About the author
I started my money education at the age of 13 delivering the Long Island Press newspaper to 32 customers. I quickly learned that you had to work to make money. Then came McDonald's (the 3rd in Suffolk County) no air-conditioning; you swallowed a few salt tablets if the temperature got near 100. I worked my way up to night manager.I joined United States Trust Company of New York in 1964. I started out in Operations and within a few years moved to Trust Administration. I was dealing directly with clients. Computers were quickly being introduced to the business world. The company placed a standalone computer with a floppy disk on our floor for people to experiment with. It quickly captured my attention and I found I was coming in earlier and earlier just to fiddle around with the new machine. Within a few years I became the division's computer liaison. The title of Trust Administrator changed to Family Wealth Manager. My customers then included the Secretary of State of the United States & New York State, the Ambassador to France, the head of the CIA and one of the wealthiest families in the world at that time, according to Forbes Magazine.After retiring I worked full time for a number of years at Mercy Haven Inc. Prior to that I was on their board for 14 years as a Founding Director, Treasurer and Board Chair. I also spent a year as a consultant with Deutsche Bank. I'm currently involved with the Community Computer Connections Program and am the database manager for Friends of Connetquot.
