Financial Literacy Essential in Economy

This is a news story, published by Upworthy, that relates primarily to The FINRA Investor Education Foundation news.

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financial knowledge quiz

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Business & Economics

Only 4 percent of Americans can answer these 7 financial questions correctly. Can you?

Summary

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74% Informative

Only 4 percent of Americans can answer 7 financial questions correctly.

The FINRA Investor Education Foundation surveyed 25,500 adult Americans and asked them to take a seven -question financial knowledge quiz to test their financial literacy.

The average correct score across the Americans who took the quiz was 3.3 out of 7 .

A lack of financial knowledge has the potential to impact people's personal finances, such as getting into credit card debt trouble or choosing unwise investments.

How can you believe a politician will be good for the economy if you don't understand what factors contribute to keeping the economy stable and strong? Take the quiz yourself to see how your knowledge compares.

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Neutral language

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informal

Language

English

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not offensive

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not hateful