How financially literate do you think you are?
Take our financial literacy quiz and find out right now!
Financial literacy or even basic finance is rarely part of the educational curriculum and so it is little wonder that most people leave school with a poor understanding of even basic investing and financial planning concepts, such as inflation, risk and compound interest.
A lack of financial understanding can lead to poor money-related decisions that can, in turn, result in debt, so it is really important to have a grasp of at least the basics.
Do you think you know the basics?
Well, we’ve put together a short financial literacy quiz of 10 questions to help you find out. Be warned – you might be surprised!
It will only take a couple of minutes.
Scroll down to start The Financial Literacy Quiz.
Good luck and don’t forget to share with your friends!