Chapter 12 Lesson 6 Outrageous Generosity

What is the first foundation in building wealth according to the prompt?

• Pay cash for college

• Save a $500 emergency fund

• Get out and stay out of debt

• Build wealth and give

According to the prompt, what is the primary motivation for giving?

• To receive tax deductions

• To help others

• To gain recognition

• To increase personal wealth

Which of the following is NOT mentioned as a way to give in the prompt?

• Donate clothes

• Invest in stocks

• Tutor others

• Volunteer time

What is the fifth foundation in building wealth?

• Pay cash for your car

• Build wealth and give

• Save a $500 emergency fund

• Get out and stay out of debt

According to the prompt, what is a benefit of giving to others?

• It increases your debt

• It makes you more selfish

• It creates more joy than money can buy

• It reduces your wealth

What does the prompt suggest about the relationship between money and personality?

• Money changes who you are

• Money magnifies who you are

• Money makes you stingy

• Money makes you generous

Which of the following is a tip for donating money mentioned in the prompt?

• Donate to as many organizations as possible

• Avoid researching the charity's financial records

• Concentrate your giving on just a few organizations

• Give only to local charities

What is one of the financial benefits of charitable giving mentioned in the prompt?

• It guarantees a higher income

• It may entitle you to a tax deduction

• It eliminates all your debts

• It increases your spending power

According to the prompt, what is a powerful effect of serving others?

• It increases your social media followers

• It makes you focus more on yourself

• It moves you from selfish to selfless

• It guarantees financial success

What does the prompt suggest about the impact of giving on your legacy?

• It diminishes your legacy

• It builds a legacy to be proud of

• It has no impact on your legacy

• It only benefits you financially