The Totally Chill Guide to Work and Life Quiz

What is one of the key benefits of starting to invest early?

• It guarantees high returns.

• It allows more time for money to grow.

• It requires no financial knowledge.

• It eliminates all investment risks.

What does Betterment offer to make investing less daunting?

• Automated investing technology

• No fees on transactions

• Free financial advice

• Guaranteed returns

According to research, how long can it take for a new behavior to become automatic?

• 21 days

• 18 to 254 days

• 30 days

• 7 days

What is a potential downside of short-term challenges like crash diets?

• They are easy to maintain long-term.

• They are always beneficial to health.

• They can be harmful and unsustainable.

• They guarantee quick results.

What is the purpose of a spending category reset?

• To eliminate all spending

• To focus on reducing expenses in one category

• To avoid budgeting altogether

• To increase spending in all categories

What is the goal of a month-long money audit?

• To gain a clear understanding of your financial situation

• To avoid looking at financial statements

• To immediately save a large sum of money

• To invest in high-risk stocks

What is a short-term side hustle challenge designed to do?

• Provide a quick boost in savings

• Guarantee a new career path

• Replace your full-time job

• Eliminate the need for budgeting

Which of the following is an example of a side hustle mentioned in the video?

• Real estate investment

• Dog walking

• Stock trading

• Cryptocurrency mining

What should be the focus when starting a side hustle challenge?

• Earning a large amount immediately

• Investing in high-risk ventures

• Finding a sustainable income stream

• Avoiding all forms of work

What is a realistic expectation from a 30-day savings challenge?

• Gaining insights into spending habits

• Achieving financial independence

• Becoming wealthy overnight

• Eliminating all debts