I keep track of my expenses on a regular basis.
In the past year, have you relied on credit to cover your living expenses?
How much do you have in all savings and investment accounts?
On average, how much of your paycheck do you save or invest each month?
The return can be considered as
Which asset has historically been the most profitable investment?
Savings accounts and money market accounts are most suitable for:
What are mutual and index funds?
What is the main difference between mutual and index funds?
Owning diversified investments offers the benefit that it:
If you plan to invest for less than 3 years, which type of asset should you avoid?
To reduce the total finance costs paid over the life of an auto loan, you should choose a loan with the:
Which type of insurance is most crucial for young parents?
What happens if you're unable to pay your mortgage?
Why is compound interest important for long-term investing?
What are dividends?
What do we call the cost of borrowing money or the earnings from saving money?
Which of the following investments is guaranteed?
Which of the following investments has the highest level of volatility?
If you invest in stocks and they increase by an average of 10% per year, approximately how many years will it take for your investment to double?
Congratulations on completing the quiz! Please enter your details and we will send you your results and your gift (the Financial Success Formula video) to your inbox immediatelly.
Your score is
The average score is 9%