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May 20 – Be a Millionaire Day

May 20 is Be a Millionaire Day, a fun day dedicated to imagining what it would be like to be a millionaire. It’s a great opportunity for students to dream big and think about their future goals. Whether it’s about managing money or envisioning a successful career, Be a Millionaire Day encourages everyone to explore the possibilities of financial success. You can check out all of the Fact of the Day for Kids here.

FIVE FUN FACTS ABOUT BE A MILLIONAIRE DAY

  1. The first American millionaire was John Jacob Astor, who made his fortune in fur trading and real estate.
  2. The concept of a “millionaire” dates back to the 18th century.
  3. A person who has saved $1,000 per month with a 7% return rate would become a millionaire in about 30 years.
  4. The word “millionaire” comes from the French word “millionaire,” meaning a person who owns a million units of currency.
  5. As of 2023, there are over 20 million millionaires worldwide.

ACTIVITY IDEAS TO CELEBRATE MAY 20

To celebrate Be a Millionaire Day, students can participate in fun and educational activities that highlight the importance of financial literacy and goal setting. Here are some ideas:

  • Create a dream board of what you would do if you were a millionaire.
  • Design your own money with unique features and artwork.
  • Plan a budget for a pretend million-dollar spending spree.
  • Write a story about how you became a millionaire and what you did with your wealth.
  • Play a classroom game of “Who Wants to Be a Millionaire?” with trivia questions.
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QUESTIONS TO THINK ABOUT FOR BE A MILLIONAIRE DAY

Be a Millionaire Day is a great time to think about money and goals. Here are some deeper questions to consider:

  • What would you do with a million dollars to help others?
  • Why is it important to save money?
  • How can setting financial goals help you in the future?
  • What are some ways you can start saving money now?
  • How does being a millionaire change someone’s life and responsibilities?

WOULD YOU RATHER QUESTIONS ABOUT BE A MILLIONAIRE DAY

Here are five questions to spark conversation. Would you rather…

  • Have a million dollars now or earn 100,000 dollars a year for ten years?
  • Spend a million dollars on traveling the world or on buying your dream house?
  • Be a millionaire with no free time or have lots of free time but just enough money to get by?
  • Donate a million dollars to charity or use it to start your own business?
  • Have a million dollars but never be able to travel again or travel anywhere you want but never have more than $10,000 at a time?

MORE FUN STUFF

Here are more fun ideas to help keep the kids entertained:

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