There is some justice for school teachers, who have the dubious distinction of playing a vital role in society while earning a comparatively low annual income.
That justice comes in the form of the millions of dollars that many of them consistently hold in their savings and investment accounts, according to the “National Study of Millionaires,” a research project by Ramsey Solutions, whose CEO is the personal-finance expert Dave Ramsey.
Teachers rank third, behind engineers and accountants, on a top-five list of careers most likely to have millionaires within their ranks. Business professionals and lawyers ranked fourth and fifth.
How could it be that teachers, who earn an average annual income of $61,000 according to the U.S. Bureau of Labor Statistics, take third spot, while physicians don’t even rank in the top five?
Please help put parents in charge of their child’s education by forwarding this article to other parents, family, friends and voters.
'You can't outearn stupidity': Dave Ramsey explains why teachers — with a median salary of $61K — become millionaires so often. And why doctors don't even crack the top 5
- by: K.E. Gold
- 2023-09-25
- Source:
Yahoo! Finance
- 09/25/2023
Money by Braňo is licensed under Unsplash unsplash.com
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