Rich Dad Poor Dad Chapters 7-10

10 Questions | Total Attempts: 714

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Rich Dad Poor Dad Chapters 7-10

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Questions and Answers
  • 1. 
    According to the author, the main management skills consist of the following except:
    • A. 

      Managing cash flow

    • B. 

      Managing systems

    • C. 

      Managing people

    • D. 

      Managing solutions

  • 2. 
    Who does the author say to pay first?
    • A. 

      Yourself

    • B. 

      Bill collectors

    • C. 

      Credit card companies

    • D. 

      IRS

  • 3. 
    According to the author, the most specialized skills are:
    • A. 

      Buying and selling

    • B. 

      Assets and liabilities distribution

    • C. 

      Sales and marketing

    • D. 

      Record-keeping and registration

  • 4. 
    What is the "Chicken Little" Syndrome?
    • A. 

      People who are afraid of becoming poor.

    • B. 

      Poor people who fear that charity will run out.

    • C. 

      People who always invent new things.

    • D. 

      People who are always negative and pessimistic. "The sky is falling!" mentality.

  • 5. 
    According to the author, what is the most important asset?
    • A. 

      House

    • B. 

      Stocks

    • C. 

      Nice car

    • D. 

      Financial aptitude and intelligence (mind)

  • 6. 
    The following are steps given by the author to developing one's power except:
    • A. 

      Feed the mind

    • B. 

      Take care when choosing your friends

    • C. 

      Teach and you shall receive

    • D. 

      Take advantage of the weaknesses of your competitors

  • 7. 
    What skill is the author referring to when he states "some people are one skill away from great wealth"?
    • A. 

      Mathematical

    • B. 

      Communication

    • C. 

      Literacy

    • D. 

      Conspiracy

  • 8. 
    The author states there are 5 personality traits which hamper (hinder) human beings. The following are all traits mentioned except:
    • A. 

      Ambition

    • B. 

      Laziness

    • C. 

      Fear

    • D. 

      Bad habits

  • 9. 
    Complete the quote from the author "One outstanding trait of great wealthy families is that they give money away, unlike the poor who believe......
    • A. 

      The rich are born rich."

    • B. 

      Obama is the best president."

    • C. 

      Charity begins at home."

    • D. 

      The rich should share the wealth."

  • 10. 
    Fill in the blank.   The author states, "Work to ______________, Don't Work for Money."
    • A. 

      Riches

    • B. 

      Invest

    • C. 

      Sell

    • D. 

      Learn