Love & Money
Home Buying

The number one quality that BOTH men and women look for in a partner.

A. Kindness

B. Financial stability

C. Humor

D. Physical Attractiveneess.

What is Kindness?

One question to ask yourself when buying a home is if you will live in it for at least _____ years.

A. 7

B. 12

C. 5

D. 9

What is 5 years?


The rule of ____ says that you should divide this number by the interest rate to find how long it takes to double your money.

A. 80

B. 50

C. 72

D. 64

What is the rule of 72?


The earliest age you can receive full Social Security Benefits is?

A. 67

B. 62

C. 75

D. 70

What is 67 years old?


When closing a deal as a financial adviser, you should?

A. Over promise and over deliver

B. Under promise and over deliver

C. Under promise and under deliver

D. Over promise and under deliver

What is under promise and over deliver?


A payment required for a standard office visit.



C. Co-Pay

D. Deductible

What is Co-Pay?


Your PITI should be less than what percent of your monthly income?

A. 36

B. 28

C. 30

D. 45

What is 28%?


Systematic risk is associated with?

A. A specific stock

B. A specific bond

C. All securities

D. Mutual funds

What is all securities?


The average matching contribution for an employer to put into your account is?

A. 5%

B. 10%

C. 15%

D. 4%

What is 4%?


At what phase does a home officially belong to you?

A. Buying

B. Appraisal

C. Inspection

D. Closing

What is the closing phase?


The average cost of a wedding.

A. $50,000

B. $35,000

C. $20,000

D. $30,000

What is $35,000?


Which loss is NOT typically covered by home insurance?

A. Fire

B. Earthquake

C. Theft

D. Vandalism

What is Earthquake loss?


What type of security offers coupon payments?

A. Mutual Funds

B. Bitcoin

C. Stocks

D. Bonds

What are bonds?


The Teacher Retirement System is a type of what plan?


B. 401k

C. 403b

D. Pension

What is a pension plan?


When you begin making small talk with your advisee, you should?

A. Shut up and listen

B. Take a vow of silence

C. Not be intimidated

D. Stop Assuming

What is stop assuming?


Long-term care can cover up to ____ of your yearly salary. 

A. 33%

B. 50%

C. 80%

D. 67%

What is 67%?


What type of mortgage is usually the safest choice?

A. Long-term

B. Short-term

C. Adjustable Rate

D. Fixed Rate

What is fixed rate mortgage?


Which is NOT a type of bond risk?

A. Liquidity Risk

B. Inflation Risk

C. Reward Risk

D. Default Risk

What is reward risk?


Which is NOT a characteristic of taxable investment accounts?

A. Many cost effective options

B. Employer matching

C. Low minimum investments

D. No tax advantages

What is employer matching?


Risk capacity is how ______ you are to take risks with your money.

A. Willing

B. Capable

C. Needy

D. Probable

What is capable?


The Earnings Multiple Approach is a form of life insurance that covers ___________ for lost income. 

A. 5-25x your annual salary

B. 10-20x your annual salary

C. Burial expenses and debts

D. Medical expenses

What is 5-25x your annual salary?


Real Estate Agents can be paid as much as ___ percent on the sales price.

A. 5

B. 4

C. 8

D. 7

What is 7%?


What law tells us that the more risky you get, the less likely you are to get a reward?

A. Law of Risk Capacity

B. Law of Risk Tolerance

C. Law of Diminishing Returns

D. Law of Correlation

What is the Law of Diminishing Returns?


What is the maximum contribution you can make into an IRA each year?

A. $20,500

B. $15,000

C. $5,000

D. $6,000

What is $6,000?


What percentage of people believe financial infidelity is worse than physically cheating?

A. 94%

B. 45%

C. 55%

D. 30%

What is 55%?

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