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The Money Master Quiz

Updated: June 2, 2008

By Paul Olund

A report issued by the Federal Reserve says teens are struggling to understand the basics of personal finance, such as how to balance a checkbook or avoid credit card debt.

Want to test your financial know-how? Take the quiz to find out if you have what it takes to balance your checkbook.

Source: Jump$tart Coalition for Personal Financial Literacy, Federal Reserve

 
Kevin has saved $9,000 for his college expenses. Which of the following is the safest place for his college money?
 Savings account
 Corporate bonds
 Stocks
 Locked in his closet at home
 
 

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