How Financially Savvy Are You?

How Financially Savvy Are You?

How Financially Savvy Are You?

When it comes to money, are you burning through it or pinching every penny? Answer these questions and we’ll tell you how smart you are when it comes to your finances!

Financially Savvy

Let's talk about financial literacy! How financially savvy are you? Take this money quiz to test your knowledge of personal finance. See how much you know about economics and taking good care of your money. What's your finance IQ?

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Question 1/10

Pick a businessman:

Donald Trump
Warren Buffett
Steve Jobs
Bill Gates
Richard Branson

Question 2/10

When you get paid, the first thing you do is...

Shop!
Do something fun or relaxing
Put a portion into savings
Pay my bills
Funnel it into one of my investments

Question 3/10

How's your credit?

Great; I get the best interest rates
Good; it's better than average, but could be better
Decent; I'm working on it
Bad; no comment
I have no idea

Question 4/10

Your rent or mortgage payment amounts to what percentage of your monthly income?

50% or more
33 to 50%
Less than 33%
I don't pay rent/I don't have an income

Question 5/10

Where do you keep your savings?

In a piggybank or change jar
Hidden under a mattress or buried in the yard
In my savings account
They're spread over a few different savings vehicles
Savings? What savings?

Question 6/10

What does "IRA" stand for?

Investment Revenue Allowance
Investment Risk Assessment
Important Retirement Assets
Individual Retirement Account

Question 7/10

You tend to choose investments that are...

Low risk, low return
High risk, high return
Diversify, diversify, diversify
Gosh, this quiz is boring!

Question 8/10

If you got laid off tomorrow, how long would your savings last you (without downgrading your lifestyle)?

Uhhh... less than a month
One to three months
Three to six months
Six months to a year
One or more years

Question 9/10

What are you most likely to splurge on?

Food or drink, like Starbucks
Leisure activities or travel, like a spa day
Media or entertainment, like books or movies
Clothes or makeup, like an expensive jacket
Electronics or furniture, like a fancy smartphone

Question 10/10

Where do you get your financial news?

Financial news websites, magazines, etc.
Other sources, like social media or word of mouth
General news sources
People magazine?

Calculating Result...

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