Financial Literacy Quiz

Test your understanding of the core concepts in the Money roadmap. (Interactive quiz coming soon)

Sample Questions

What is the formula for net worth?
- a) Assets + Liabilities
- b) Assets - Liabilities
- c) Income - Expenses
How many months of expenses should your emergency fund cover?
- a) 1 month
- b) 3-6 months
- c) 12 months
What is the Rule of 72 used for?
- a) Calculating debt payoff
- b) Estimating investment doubling time
- c) Budgeting essentials
Which is better to pay off first: high-interest or low-interest debt?
- a) High-interest
- b) Low-interest
- c) Both at the same time
What percentage of income should go to savings, according to the 50/30/20 rule?
- a) 10%
- b) 20%
- c) 30%