Take the MoneySmart Family System Quiz - Will Your Child Become Financially Independent?

The MoneySmart Family System Quiz

Our book, “The Money Smart Family System” was written to equip parents to empower their kids to become financially independent.

Test your understanding of the relationship between parents, possessions and their kids.

Here are 13 questions to help you determine if you are encouraging financially dependent or financially independent children.

Answer “Yes” or “No” to the following questions, then check your score at the bottom of the page.

MoneySmart Family Quiz Scoring

How’d you do?

If you answered:

Yes to 10 or more questions:

Lock up your credit cards, hide your checks and put all of your cash in a place where your kids can’t get to it.

You need to read The MoneySmart Family System from cover to cover as soon as possible!

Yes to between 7 and 9 questions:

Your kids are taking advantage of you and you need to learn to say no. Start reading The MoneySmart Family System and hopefully you’ll get through it before your money runs out.

Yes to between 4 and 8 questions:
You’re doing pretty good, but still not encouraging your kids to stand on their own enough. As they get older they could really start to cost you a lot of cash—and possibly your retirement. You should read the book for fine-tuning tips.

Yes to between 0 and 3 questions:
You’re doing great. Focus on the chapters in the MoneySmart Family System where you are having some current struggles so you can help your kids complete their financial maturity.

Quiz: Will Your Child Become Financially Independent

Help Your Kids to Become Financially Independent!

By becoming a proactive parent and teaching our kids to be responsible with attitudes, possessions and money, we’ll raise a generation of kids who know how to withstand the draw of the culture—who know how to say, “Enough is enough”—who know when to get off the merry-go-round and look for a different crowd to hang with.

Let’s teach our children healthy and productive attitudes about money, possessions and people. Instead of seeing them wallow in a miry pit of debt, we’ll see them spread their wings and soar as they become financially free!

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