Financial Health Assessment Quiz

What percentage of financial decisions are based on emotions according to the Nobel Prize winner mentioned?

• 10%

• 50%

• 90%

• 100%

What is Adrien's average monthly take-home pay after taxes and insurance?

• $2,520

• $6,250

• $7,500

• $5,460

How much does Adrien save on average per month after accounting for his credit card balance?

• $416

• $166

• $500

• $250

What is Adrien's current savings rate as a percentage of his gross monthly pay?

• 10%

• 15%

• 6.6%

• 20%

What is the recommended percentage of gross pay that should be saved according to financial professionals?

• 25%

• 10%

• 15%

• 20%

What is the first step in building a financial foundation according to the video?

• Investing in stocks

• Paying off all debts

• Buying a house

• Creating an emergency fund

How much does Adrien allocate monthly for commitments like visiting family and attending a wedding?

• $100

• $200

• $400

• $300

What is the interest rate on Adrien's car loan?

• 5.0%

• 3.5%

• 8.9%

• 10.0%

What should Adrien focus on after paying off his car loan?

• Paying off student loans

• Increasing his emergency fund

• Buying a new car

• Investing in a 401k

What is the final step in the financial audit process as outlined in the video?

• Invest in stocks

• Check foundation for cracks

• Calculate financial ratios

• Analyze cash flow