Wealth Choice Comprehension Quiz

"Wealth Choice" Prework and Support Guide

Instructions: Answer each question based on the insights from Dennis Kimbro's "The Wealth Choice." Click "Submit Answer" to view the key insight for each section before downloading your completed guide.

1. What does Kimbro mean when he says, “Wealth is a conscious decision, not a function of circumstance or luck”?

Key Insight: Kimbro posits that wealth begins in the mind; it is a result of specific habits, discipline, and the choice to pursue success regardless of your starting point.

2. In the book, Kimbro contrasts the “Haves” and “Have Nots.” What mindset differences stood out to you?

Key Insight: The "Haves" focus on opportunity, long-term planning, and ownership, while the "Have Nots" often focus on obstacles, immediate gratification, and consumerism.

3. Why do you want to create wealth? What drives you beyond money itself?

Key Insight: Kimbro emphasizes that a "Burning Desire" is mandatory; wealth is rarely sustained if the only motivation is currency—it must be tied to purpose.

4. On a scale of 1–10, how clear are you about your “why”? What would make it a 10?

Personal Reflection: Clarity of purpose acts as your North Star during financial setbacks. To move toward a 10, align your wealth goals with your deepest personal values.

5. Why does Kimbro emphasize serving others as the foundation of wealth?

Key Insight: Wealth is a byproduct of value creation. Kimbro notes that the most successful individuals focus on solving problems and fulfilling the needs of others.

6. In what ways are you currently adding value to others (family, community, or potential customers)?

Key Insight: Evaluate your current contributions. Kimbro suggests that increasing your income is directly tied to increasing the scale or quality of your service to others.

7. Kimbro recommends saving 10–15% of your income and avoiding consumer debt. How do you feel about this advice?

Key Insight: Financial discipline is non-negotiable. Kimbro highlights that wealth is not what you make, but what you keep and invest.

8. What financial habits do you need to start, stop, or improve to support your wealth goals?

Key Insight: Millionaires are creatures of habit. Identifying and eliminating "poverty-level" habits is as important as building wealth-level habits.

9. Kimbro reminds us that wealth includes health and relationships. What does holistic wealth look like for you?

Key Insight: True wealth is "total well-being." Kimbro warns that accumulating money at the expense of your health or family is a poor trade-off.

10. What habits can you build now to protect your physical, emotional, and financial health?

Key Insight: Success requires stamina. Building habits of regular exercise, continuous learning, and automated investing protects all three pillars of a wealthy life.