It’s time to stare down those credit cards and finally create a strategy for getting your high interest debt down to zero. What’s your game plan? Call my credit card providers and try to negotiate for lower interest rates. Then I’ll pay the minimum for all the cards except the one with the highest interest rate. I’ll put as much money as I can into that one every month. Pay the minimum on all cards except for the card with the smallest balance. I’ll put as much as I can into that one. When I have money left over after bills, I’ll just spread it around to pay off my credit card debts. Well, the statements already say what the “minimum payments” are. I can just pay that. I can’t even think about that stuff. Do creditors learn your new phone number if you ask your phone provider to change it? Correct! Wrong! -

Bad news: the mechanic says that it’s going to cost a big chunk of money to get your car working again. What do you do? Pay up. It’s too bad, but that’s what I have my emergency fund for. I’ll pay it, but things are going to pretty tight for the next month or two. I guess I’ll have to spread the expense across a couple of credit cards. Call family for help. Pray that the bus can drop me off close to my work in the morning. Correct! Wrong! -

What does your average dinner look like? Simple Home Cooked Meal Microwave Dinner Fast Food Restaurant Pub Food And Beers Correct! Wrong! -

What's your personal money motto? Pay yourself first. Nothing's more powerful than compound interest. A penny saved is a penny earned. What's a budget? Make it rain. Correct! Wrong! -

It's time to start thinking about how you're going to make your money work for you. What's your plan for building your wealth over time? Get a whole life insurance policy and pay into it every month so it builds in value. I contribute to my 401k. I put money in a Roth IRA every month. I hope the job market in the future is very friendly to 80-year-olds who need to work. Wait. Won’t Social Security give me enough to live on when I retire? Correct! Wrong! -

People fight with their wife or husband over money more than any other subject! How do you handle delicate conversations about cash? We're open books. We know exactly what our assets are, our income, and our long term financial goals. We have a joint account and have agreed on a budget. We still keep separate accounts. But whenever it's time to make a big purchase, we talk openly about how we're going to pay for it. I already know how much they make. And they know how much I make. I think that’s enough. We have a strict "don't ask don't tell" policy about money. Correct! Wrong! -

How do you know when you have money to spend on something you want? I budget in a little bit of money to spend on frivolous stuff. After bills, savings, investment, and debt payments are taken care of, I know how much I can spend on whatever. If I have my eye on something nice or a fancy evening out, I’ll cut back on regular expenses and save up for a few weeks so I can enjoy it guilt free. Sometimes I’ll be surprised by a little extra money. Whenever that I happens, I treat myself. Once in a great while I’ll get a windfall of cash. It’s usually gone in two days. If my checking account is showing a positive number, that means it’s ready to spend. Correct! Wrong! -

How do you handle your regular deposits and payments? I already have my direct deposit split between my checking and savings accounts. I pay my bills and contribute to my investments and insurance policies through automatic payments from my checking account. My normal bills are paid automatically, but I pay all of my credit cards online by hand. I pay the bills as they come in. Whenever the bills come in, I make note of they “Pay By” date and pay on that day. As soon as I get the letters that say “Final Notice,” I know it's a good idea to pay it. Correct! Wrong! -

Big purchase time! You're in the market for a new car. How do you pay for it? There's plenty of cash in my whole life insurance policies. I can take out a tax-free loan and pay for the car in cash. That way I don't pay interest. I make sure that my credit is in order so I can get the best APR, then I shop around for a good auto loan before I talk to the dealer. I saw a billboard for a bank that offers auto loans. I'll go with them. I'm sure the dealer will help me figure out that stuff. I have a lot of room on my credit cards. I'll just spread the cost over all of them. Correct! Wrong! -

You’ve been working hard all year and now it’s performance review time. What do you do when you sit down for your review with your boss? I develop a list of all the accomplishments I made over a year and how they improved the company’s bottom line. Then I’ll ask for a substantial raise that’s a drop in the bucket compared to the value I bring to the business. Do research on salary websites to see if I’m getting paid fairly for my position, and bring that information to my supervisor. Ask for a standard 3 percent raise. Assume they know what I do at work and how much I should be making. They probably pay me a fair amount. Uh, the less I talk about my job performance, the better. Correct! Wrong! -