How financially literate do you think you are?
Take our financial literacy quiz and find out right now!
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 quiz of 10 questions to help you find out and you might be surprised!
It will only take a couple of minutes.
Scroll down to start.