Comments on: Take The Simple Money Quiz Now! https://www.moneyahoy.com/take-the-simple-money-quiz/ Money Saving, Making Money, and Investment Ideas Sat, 24 Apr 2021 19:50:49 +0000 hourly 1 https://wordpress.org/?v=4.9.23 By: Derek Chamberlain https://www.moneyahoy.com/take-the-simple-money-quiz/#comment-152 Wed, 26 Jun 2013 16:32:26 +0000 http://www.moneyahoy.com/?p=375#comment-152 Nick, care to share the breakdown by area and how you improved over time?

I can only imagine where I’d be today if I aced the investing side of things while maintaining our income and savings as A’s!

]]> By: Derek Chamberlain https://www.moneyahoy.com/take-the-simple-money-quiz/#comment-151 Wed, 26 Jun 2013 16:30:43 +0000 http://www.moneyahoy.com/?p=375#comment-151 Tim,

I agree with you on point # 1.

On point #2, maybe I am not understanding what you are saying, but the Saving Money Percentage seems to be what you are suggesting. I am saying that anything higher than 40% is an “A”. Certainly the more you make, the more you can save if you are able to avoid lifestyle inflation.

Interesting point you make with #3. I had never really thought of vacations as a personal investment. Makes a lot of sense. If you go crazy from stress, then none of this really matters much! Great insight!!

]]> By: Pretired Nick https://www.moneyahoy.com/take-the-simple-money-quiz/#comment-150 Wed, 26 Jun 2013 15:24:56 +0000 http://www.moneyahoy.com/?p=375#comment-150 Nice approach, this is definitely one of the clearest ways to illustrate the path to FI that I’ve seen. Interestingly I was a B or C for most of my career but still managed to do quite well. So the power is even greater than one might imagine by just glancing at the table!

]]> By: Passive Income AM Roundup For Wednesday, June 26th | Passive Income PostPassive Income Post https://www.moneyahoy.com/take-the-simple-money-quiz/#comment-149 Wed, 26 Jun 2013 12:12:46 +0000 http://www.moneyahoy.com/?p=375#comment-149 […] MoneyAhoy Presents A Simple Money Quiz […]

]]> By: Tim Waters https://www.moneyahoy.com/take-the-simple-money-quiz/#comment-147 Tue, 25 Jun 2013 21:11:20 +0000 http://www.moneyahoy.com/?p=375#comment-147 Three things to add… It’s important to pay yourself FIRST. That means saving and investing. Second is that it’s not necessarily how much you make, but how much you keep. I would alter your first score to denote percentage that you keep, less critical expenses like mortgage, utilities, food and clothing. The rest you spend, ultimately is wasted money. Last point to add is that it is vitally important for you and the health of your family to TAKE VACATIONS! It’s ok to spend money on life experiences. That is why I budget for vacations like they are investments – since you are investing in your well being. Not to mention, vacations are fun, entertaining and educational – as long as you don’t indulge WHILE on vacation 🙂

Tim

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