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Worksheets5 Stages of Wealth
Total questions: 11
Worksheet time: 6mins
Stage 1 is the "Foundation Stage" and it includes each of the following EXCEPT?
Pay off consumer debt
Build consistent income
Use low interest loans
Spend less than you make
Stage 2, the "Stability" stage, consists of all of the following EXCEPT?
Consolidated debt
No consumer debt
All bills are paid
Savings are funded
Which one is the 3rd Stage of Wealth?
Foundation
Freedom
Abundance
Strategy
Which stage is the 2nd Stage of Wealth?
Freedom
Strategy
Stability
Foundation
Which stage is the 4th Stage of Wealth?
Foundation
Abundance
Strategy
Stability
Which is the 5th Stage of Wealth?
Freedom
Stability
Strategy
Abundance
No consumer debt / All bills paid / and Savings are funded is part of Stage 2?
True
False
Investing / Money works for you / and Buy Assets = Buy future income goes with Stage 4?
True
False
The following is part of Stage 5: Money is not an issue / Working is optional / Your time > Money
True
False
Assets take money out of your pocket and Liabilities put money in your pocket?
True
False
The biggest difference between Money and Currency is that money can be printed and is not considered to be a store of value.
True
False
