5 Stages of Wealth

Stage 1 is the "Foundation Stage" and it includes each of the following EXCEPT?

• Pay off consumer debt

• Build consistent income

• Use low interest loans

• Spend less than you make

Stage 2, the "Stability" stage, consists of all of the following EXCEPT?

• Consolidated debt

• No consumer debt

• All bills are paid

• Savings are funded

Which one is the 3rd Stage of Wealth?

• Foundation

• Freedom

• Abundance

• Strategy

Which stage is the 2nd Stage of Wealth?

• Freedom

• Strategy

• Stability

• Foundation

Which stage is the 4th Stage of Wealth?

• Foundation

• Abundance

• Strategy

• Stability

Which is the 5th Stage of Wealth?

• Freedom

• Stability

• Strategy

• Abundance

No consumer debt / All bills paid / and Savings are funded is part of Stage 2?

• True

• False

Investing / Money works for you / and Buy Assets = Buy future income goes with Stage 4?

• True

• False

The following is part of Stage 5: Money is not an issue / Working is optional / Your time > Money

• True

• False

Assets take money out of your pocket and Liabilities put money in your pocket?

• True

• False