Do You Want to be a Millionaire By Thirty?
Quiz Score
Sorry. You didn't pass. You got 6 questions right out of 12 (50%).
You answered these incorrectly
1. What is the typical net worth of people in their thirties?
[The Correct Response]
$15,000
2. You should be able to live on how much of your take home pay (while investing or saving the remainder):
[The Correct Response]
80%
3. What's the biggest advantage to maintaining a clean credit report and having a high credit score?
[The Correct Response]
I will qualify for the lowest possible interest rates on a variety of loans
4. The best way to invest money and save for retirement is:
[The Correct Response]
Put money into long-term, stable investments that will generate income over many years
5. Let's say you have a student loan and you come into some extra money (an inheritance, a raise, etc.) What's the best thing you can do?
[The Correct Response]
Use your new money to make investments earning higher interest rates than what your loan is charging you
6. If you're paying $1,250 in monthly rent, how much could you borrow instead for a 30-year mortgage (at 7% interest) to buy your own home?
[The Correct Response]
$235,000
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Millionaire By Thirty: The Quickest Path to Financial Success
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