Suze Orman's Action Plan

Is this your test? Login to manage it. If not, you can build a quiz just like it.

This is a non-interactive preview of the quiz content.

10 points

How many months should you build your savings account up to, to cover living expenses?

0 points

I will follow the FINAL INSTRUCTIONS at the end of this test to get credit for reading this book.

Yes

10 points

Suze Orman's three universal rules are: #1 Let go of the past #2 Plan on moderation and #3?

Respect risk

Treat others the way you want to be treated

Respect your elders

None of the above

10 points

Saving more for retirement is not merely a desirable virtue. It is an absolute _______.

Good hobby

Necessity

Way to sit court side at an NBA game

Want

10 points

Federal insurance for banks and credit unions cover deposit accounts, not _______.

Investment accounts

Stocks

Roth IRA's

Both A and C

10 points

True or False. Pay off your balance every month and your FICO score will not be affected.

True

False

10 points

You want to stop contributing to your 401(K), even though your job matches your contribution, so you can pay off credit card debt. What advice did the author give on this situation?

You think like a CEO!

Do It!

Don't Do It!

That's Okay!

10 points

Just paying the _______ balance sends a huge warning signal to your credit card company that you may already be on shaky ground.

Maximum

Minimum

One-half

Three-quarter

10 points

True or False. The closer you can get to being able to pay off your credit card balance at the end of the month, the further your are to financial freedom.

True

False

10.

10 points

What is the 10-10-80 rule?

10% as your miscellaneous spending money, 10% to be donated, 80% to be saved or invested

10% as your miscellaneous spending money, 10% to your credit card balance, 80% to be saved or invested

10% put under the mattress, 10% donated, 80% to be saved or invested

None of the above

11.

10 points

The author suggests that one of the best ways to get on a consistent savings pattern is to set up automated deposit from your checking account into _______.

A savings account

Your credit card account

Your other financial institution's checking account

All of the above

Home Features Pricing FAQs Legal Sample Tests Build a Test Login/Sign Up