In Money

FINRA: A basic personal finance / money management quiz

Take this financial literacy quiz.

It is only 5 questions and took me less than a minute to read and click all of the 5 answers.

(By the way….PF Bloggers, I’m holding you all to receive 5/5 or a 100% score.)

…then come back and report! 🙂

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Sherry of Save. Spend. Splurge.

Am my own Sugar Daddy. Am a millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I have 11 side incomes that are on track in 2020 to make me $50K - $75K. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

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20 Comments

  1. Daisy @ Add Vodka

    Woop! I got 5!

    Reply
    1. saverspender @ save. spend. splurge.

      @Daisy @ Add Vodka: Didn’t expect it to be any lower 🙂

      Reply
  2. Tammy R

    4/5. Let’s hope CJ didn’t miss the same one. Perhaps we can put our two heads together for a perfect score.

    Reply
  3. cj

    4/5 since I did not know the relationship between bonds and interest rates. Not too shabby for a classical guitarist goof. That was fun! Thanks M.

    Reply
    1. saverspender @ save. spend. splurge.

      @cj: Hey you know more than you give yourself creditfor!!!

      Reply
  4. Blair@LifeDollarsandSense

    Great qui!. I have a feeling a there are a number of people in society who would not fully understand those concepts, which is not good. Or perhaps it is just my 22-28 year old peers (who are not accounting nerds like myself) that i’m thinking of.

    Reply
    1. saverspender @ save. spend. splurge.

      @Blair@LifeDollarsandSense: If they don’t get them, they should start learning… it’s a good wakeup call.

      Reply
  5. The Asian Pear

    5/5! YAY! 😀

    *whew* no pressure at all eh Mochi? =P

    Reply
    1. saverspender @ save. spend. splurge.

      @The Asian Pear: None at all.

      *eyes you*…. 😉

      Reply
  6. Gen Y

    5/5. Yay!

    Reply
  7. Mrs. Pop @ Planting Our Pennies

    PT tweeted about this last week, so I took it then and got 5/5, but really… I’m just not sure most people understand the difference between bond yields and bond prices to get the nuance on that question. Or even if they really have to if they’re just investing in bond index funds. But I digress…

    Reply
    1. saverspender @ save. spend. splurge.

      @Mrs. Pop @ Planting Our Pennies: True, but even so 🙂 I think it was a trick question thrown in there.

      Reply
  8. maz

    Oops, got the bond one wrong. I know I know, I SHOULD have known the answer

    Reply
    1. saverspender @ save. spend. splurge.

      @maz: 4/5 is not too shabby. Average is what, 2.8?

      Reply
  9. Debt Blag

    Yup. Got ’em 🙂

    Nice quiz and that’s a great company hosting it

    Reply
  10. matthewchat

    5 of 5. Go me!

    Reply

Leave a Reply

In a nutshell…

Save. Spend. Splurge.
[ wealth. style. minimalism. ]

——

MOST DEBT: cleared $60K in 18 months

MONEY: Hit $1M personal net worth At 36

NEW GOAL: $1M in invested assets

FAVOURITE DAY: payday

HATES: being late & lazy people

SOCIAL: Instagram @saverspender

DRINKS: homemade matcha lattes

SLEEPS: on a 100% cotton U.S.-made futon

WRITES: Books (also available on Amazon).

BEAUTY: swears by Paula’s Choice

——

…but you can read more about me , browse my index of posts, or get in touch with me, talk to me directly on Instagram, and of course, ask me anything here.

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