The Minimum Wage Millionaire Excerpt: The Game of Life

Bill Edgar the minimum wage millionaire

By Bill Edgar

Editor’s Note: The The Minimum Wage Millionaire is a book aimed at teenagers and parents of teenagers who want to better understand how money works. The book puts forth practical approaches on ways for teens with part-time jobs to accumulate wealth. By using simple analogies anyone can understand, the book is able to explain complex financial concepts in such a way that teens can understand the importance of early investment, and how to build wealth beginning with their first paycheck. By starting early in their earning career, and following the simple six-year plan, they’ll create a small nest-egg which will grow into approximately $1 million, by the time they rea

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2 Responses to The Minimum Wage Millionaire Excerpt: The Game of Life

  1. Anni says:

    As an adult, I work a second job three nights a week and I gross $81. How much are you calculating that these kids work at their part-time job, and for what wage, that they should be saving their first $100 a week?

  2. Bill Edgar says:

    Hi,

    The Federal minimum wage is $7.25/hr. and many states and cities have higher minimum wages. Working an average of about 16 hours a week gets you over the $100/week.

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