What Is Your Money IQ?

Do you consider yourself to be pretty financially savvy? It's time to put your money IQ to the test. Take these 12 questions and see just how money minded you really are!
START THE QUIZ!

Question 1/12

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How much money are you liable for if your debit or ATM card is stolen?
No more than $50 if the loss is reported
up to $500
The total amount if reported after 60 days
All of the above
Next Question

Question 2/12

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Who can access your credit report?
Employers
Creditors
Insurers
All of the above
Next Question

Question 3/12

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True or false: Most credit scores range from 300 to 850.
True
False
Next Question

Question 4/12

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In a divorce, both parties are responsible for joint accounts left open.
True
False
Next Question

Question 5/12

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What is America's financial epicenter Wall Street named after?
The Wall Street Journal
James Haverford Wall,
The wooden wall built by Dutch colonists
Next Question

Question 6/12

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What does it mean when your house is "underwater?"
You still owe 10% of your mortgage
Your mortgage has been paid off
The value of your home is less than what you owe on a mortgage
Next Question

Question 7/12

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How many federal income tax brackets are there?
Six
Four
Two
Next Question

Question 8/12

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What is a mutual fund?
A group of people who mutually agree to sponsor the same charity
A pool of assets owned by many investors and operated by a manager
A group of people who mutually agree to sponsor the same single stock
Next Question

Question 9/12

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What currency is used by most European countries?
Euro
Pound
Rupee
Next Question

Question 10/12

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Which language does the word 'tax' originate from?
French
Greek
Latin
Next Question

Question 11/12

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How often do you balance your checkbook?
Every 6 months
Every month
Most months
Next Question

Question 12/12

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What does APR stand for?
Accrued Percentage Rate
Average Percentage Rate
Annual Percentage Rate
Result
Based on the results of this quiz you are money magic! You might not be a money virtuoso, but you know a thing or two about finances. We suspect you are a budget savvy and money conscious individual. Well done!

C+, Money Magic

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Right!
Based on the results of this quiz, you are a true money maverick! When it comes to the world of finances, you know your stuff. From budgeting, to credit, and everything in between, there's not much that baffles you when it comes to money.

B+, Money Maverick

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Right!
Based on the results of this quiz, you are a profound money maven! When it comes to finances, you are the master. You know how to plan a budget and keep a budget. Aside from that, you also know the ins and outs of the financial word. You're a true virtuoso!

A+, Money Maven

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Right!
Check Your Answers
Play Again
1
How much money are you liable for if your debit or ATM card is stolen?
No more than $50 if the loss is reported
up to $500
The total amount if reported after 60 days
All of the above
2
Who can access your credit report?
Employers
Creditors
Insurers
All of the above
3
True or false: Most credit scores range from 300 to 850.
True
False
4
In a divorce, both parties are responsible for joint accounts left open.
True
False
5
What is America's financial epicenter Wall Street named after?
The Wall Street Journal
James Haverford Wall,
The wooden wall built by Dutch colonists
6
What does it mean when your house is "underwater?"
You still owe 10% of your mortgage
Your mortgage has been paid off
The value of your home is less than what you owe on a mortgage
7
How many federal income tax brackets are there?
Six
Four
Two
8
What is a mutual fund?
A group of people who mutually agree to sponsor the same charity
A pool of assets owned by many investors and operated by a manager
A group of people who mutually agree to sponsor the same single stock
9
What currency is used by most European countries?
Euro
Pound
Rupee
10
Which language does the word 'tax' originate from?
French
Greek
Latin
11
How often do you balance your checkbook?
Every 6 months
Every month
Most months
12
What does APR stand for?
Accrued Percentage Rate
Average Percentage Rate
Annual Percentage Rate