Get Good at Earning Money

Why did Paco de Leon find it weird to help people with wealth?

• Because they were already wealthy

• Because they didn't need help

• Because it was against the author's principles

• Because it was a new experience for the author

According to the Economic Policy Institute, in 2019, what was the average CEO-to-worker pay ratio?

• 150:1

• 200:1

• 250:1

• 300:1

Why was Paco de Leon afraid of negotiating her pay?

• The author feared rejection.

• The author lacked confidence.

• The author was unaware of their worth.

• All of the above.

What options did Paco de Leon consider to improve her financial situation?

• Investing in stocks

• Cutting down expenses

• Starting a side business

• All of the above

Explain the concept of 'You can't out-frugal under-earning and you can't out-earn overspending' as discussed in the passage.

• The concept highlights the balance between earning and spending.

• It suggests that frugality can overcome any financial issue.

• It implies that earning more is the only solution to financial problems.

• It states that overspending is not a concern if you earn enough.

What is the personal finance equation mentioned in the passage?

• Income - Expenses = Savings

• Income + Expenses = Savings

• Income = Expenses + Savings

• Income - Savings = Expenses

According to the passage, what is the key to financial well-being?

• Saving money regularly

• Investing in stocks

• Having a budget

• Earning a high income

Describe the role of income and savings in personal finance as per Paco de Leon.

• Income and savings are unrelated to personal finance.

• Income is the only important factor in personal finance.

• Savings play a crucial role in personal finance.

• Both income and savings are important in personal finance.

What is the main idea of the passage titled 'Making Money is Simple as a Concept, but Challenging in Execution'?

• The passage explains that making money is easy in theory but difficult in practice.

• The passage discusses various ways to make money easily.

• The passage argues that making money is both simple and easy.

• The passage suggests that making money is impossible.

According to Paco de Leon, what are some of the benefits of understanding how your work creates value?

• It helps in personal growth and career advancement.

• It leads to better teamwork and collaboration.

• It increases job satisfaction and motivation.

• All of the above.