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Finally CNN Money has listened to my ranting and posted a Millionaire in the Making article about a single person rather than a couple.
I don’t have any commentary other than that.
Updated March 25, 2008 and originally published January 19, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
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Luke Landes founded Consumerism Commentary in 2003 and has been building online communities since 1990. Luke, also known as Flexo, has contributed to PC World Magazine, US News, Forbes, and other publications. Read more about Luke and about Consumerism Commentary.
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Yeah, but c’mon? $115,000 annually in salary? Even her $68,000 from the military (a pay cut for her) is what many of us would consider to be a really good, high paying salary. They’re still not profiling REAL single people like you are talking about.
Perhaps the reason CNN hasn’t shown such evidence of dramatic upward mobility is because of the sheer difficulty in finding it. A person that has gone from making less than 30k a year to being a millionaire without the help of a very supportive spouse or incredible luck is the needle in the haystack. I’m not saying it’s impossible, but I’m definitely saying it’s improbable.
Have y’all ever read “Millionaire Next Door”. If I remember correctly, all the people profile were making $100k a year income. Some were frugal as hell. And most were married couples with the kids gone.