Dave Ramsey

Question 0

Dave’s 80/20 rule says that personal finance is 20% knowledge and 80% behavior

Answer 0

Rate of return matters when it comes to compound interest

Question 1

A money market is the best place for your emergency fund.

Answer 1

A compound interest is what really makes money grow over time

Question 2

Money market

Answer 2

Place your emergency fund in this type of account

Question 3

3-6

Answer 3

A fully funded emergency fund is _____ months of expenses

Question 4

Baby-step1 is

Answer 4

$500-$1000

Question 5

The typical american has a ____ savings rate

Answer 5

Negative

Question 6

Savings must become a _____

Answer 6

Priority

Question 7

The emergency fund is not a big ______

Answer 7

Insurance

Question 8

Pay yourself _______

Answer 8

First

Question 9

Use the ________ approach instead of borrowing to purchase things.

Answer 9

Sinking fund

Question 10

The percentage by which your money grows is called ____

Answer 10

Rate of return

Question 11

______ says that whatever can go wrong will go wrong

Answer 11

Murphy’s law