Investment Help

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Wednesday, November 12, 2014

Financial Literacy Quiz For High Schoolers and College

Here is a neat little financial literacy quiz put out by AARP appropriate for high schoolers and/or college students:  QUIZ .

If you can be at their elbow, the quiz should generate some discussion.  They may need to ask what a Roth is or what is term insurance.  They may ask why is the annual interest rate on a credit card so important and why a shorter payment term reduces finance charges.

Better to learn these financial literacy concepts on a quiz rather than after paying excessive finance charges or shying away from a 401(k) because they just don't what it is!

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