The Lottery as a Wealth-Building Strategy?

March 2006
Journal of Financial Planning;Mar2006, Vol. 19 Issue 3, p15
Academic Journal
This article reports on the results of a survey co-sponsored by the Financial Planning Association and the Consumer Federation of America. The survey, which sampled 1,000 American adults and 360 financial planners, found that some consumers have such strong pessimistic feelings toward building wealth that they feel that their best chance is to win the lottery. While almost all financial planners believe that it is important for Americans to understand what personal net worth is, only 49 percent of Americans were able to define it.


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