Building Wealth (Ages 25–35)

Which of the following is a key step in wealth building?

• Investing in assets that appreciate over time

• Keeping all money in a savings account only

• Spending money freely without tracking expenses

• Avoiding all forms of investment

Why is an emergency fund important for wealth building?

• It helps cover unexpected expenses without debt

• It can be used for vacations anytime

• It increases tax liability

• It prevents you from saving money

What is one of the safest ways to invest money?

• Fixed deposits and mutual funds

• Lottery tickets

• Borrowing money to invest in risky stocks

• Keeping all savings in cash

Which type of asset generally increases in value over time?

• Real estate

• A new car

• Expensive clothes

• A mobile phone

What should you consider before making a large investment?

• The risks and potential returns

• Only the popularity of the investment

• The opinions of friends

• The amount of tax it saves