A financial fitness test for parents

[Linval T.]

Hello BP, this past weekend I was in Toronto, Canada and read the The Globe and Mail paper. There is an interesting 10 questions quiz that I thought of sharing with you.

So, if you have a few minutes, I challenge you to test your financial fitness as a current or future parent at the link below.

http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/financial-fitness-quiz/article24937089/

[Jon Kepler]

Thanks for the link. It's not a bad survey, but the answers are definitely geared for the general population rather than for people likely to be financial outperformers.

For example, a young adult should move back home after college in order to save for a house. My girlfriend and I did that, and it's a spectacular idea. This survey disagrees. In order to get rich, you have to beat your peers. Living rent/mortgage-free for a while is one of the best ways to do that.