How High is Your Financial IQ?

Posted by on Nov 29, 2012 in Financial Education/Literacy, Financial Management

Most Americans believe they have a high financial IQ, but according to a survey done in 2012, there is a gap between their sense of confidence and their knowledge. In fact, people receive of score of about 54 percent when given a five-question financial literacy quiz. Young people below the age of 35, women, Hispanics and the less-educated all scored below average. So what about you? I recently sat down with Nat Roers from WLTX to give the quiz on air.  How do you score?