Welcome to Rich Dad's FiQ. The insights learned through this financial literacy test will provide you with a baseline related to your current aptitude for making sound financial decisions - decisions that can provide you with a path to financial freedom. This overview takes in to account many variables such as current investment choices, goals and aspirations and age. The cumulative outcome of these questions are an overview of what kind of investor you are and how age plays a factor in your decision making process. The questionnaire should take you no longer than five minutes.
1. Your financial scorecard is your:
A. Bank statement B. Financial statement
C. Savings account D. Retirement account

 
2. Types of income include:
A. Earned/salary B. Passive
C. Portfolio D. All of the above

 
3. Which is more important?
A. How much you make B. How much you keep
C. How much you borrow D. How much you spend

 
4. A doodad is:
A. Tax deductible B. An asset
C. An expense, often unnecessary or unexpected, that takes money out of your pocket D. Something that increases your Rich Dad net worth

 
5. In creating your financial plan to create assets, which of the following are good strategies?
A. Get a second job B. Ask for a raise/get higher paying job
C. Keep your day job and start a part-time business D. Buy a real estate investment property
E. Both C and D

 
6. A liability is something that takes money out of your pocket every month.
A. True B. False

 
7. A successful investment strategy starts with knowing where you are today and having a plan to be secure, comfortable and/or rich.
A. True B. False

 
8. The largest single expense in your lifetime is:
A. Your house B. Taxes
C. Education D. Kids

 
9. An asset:
A. Has value B. Puts money in your pocket
C. Is your money working for you D. All of the above

 
10. The highest taxed individual on a percentage basis with the fewest advantages is the
A. Employee B. Self employed/small business owner
C. Big business owner D. Investor

 
11. Which of the following assets provides the greatest opportunity for leverage?
A. Mutual funds B. Stocks
C. Real estate D. All of the above

 
"Rich Dad Poor Dad really changed my life, and helped me to grab hold of the concepts."
   Carolyn H. –
   Los Angeles, CA

"I thank God that I had the opportunity to change my perspective about money, assets/liabilities, not to mention the different types of people (E,S,B,I). I decided that I was responsible for my future."
   Steve W. –
   Lawton, OK

 

"The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money... but never learn to have money work for them."
   Robert Kiyosaki –
   Author of Rich Dad, Poor Dad