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Old 03-26-2015, 06:16 AM   #21
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Originally Posted by pb4uski View Post
Or perhaps we just need more financial education. I'd bet that regular readers of Kiplinger's Personal Finance or Money magazine would ace that test.
Yup. And the rest are busy following Kim Kardahian's latest publicity stunt or watching WWW wrestling.

Yes, I have achieved work / life balance.
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Old 03-26-2015, 06:19 AM   #22
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The more of us from this forum that take and ace the test - maybe we will push up the average .

"Up sluggard and waste not the day, in the grave will be sleeping enough." Benjamin Franklin
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Old 03-26-2015, 06:51 AM   #23
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Those questions are a joke, way too easy.
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Old 03-26-2015, 10:33 AM   #24
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Originally Posted by Walt34 View Post
Aw c'mon, give us a challenge. That one put me to sleep and I got them all right.
Got 5 out of 5 right. Agree with Walt34, this community needs tougher questions for sure
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Old 03-26-2015, 10:47 AM   #25
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Lots of requests for a more challenging test, so I looked for one and posted it in a new thread. Another financial literacy test Folks can continue with this, then take take the other.
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Old 03-26-2015, 11:34 AM   #26
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Hmmmm...that can't be right. Only 10% get all five rudimentary questions correct? It's no wonder a vast majority of Americans are ill prepared for retirement.
RE'd August 2013 at age 44...loving life! DW RE'd September 2015...both loving the FIRE'd life in paradise.
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Old 03-26-2015, 11:58 AM   #27
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Originally Posted by pb4uski View Post
The scary thing is at the end it says that only 1 in 10 people who take it get 100%.
Interestingly, I went back and took it again, missing one question on purpose. I still got the "Only 10% did better" message, which makes sense. Then I took it again missing two. Then I got a "Only 32% did better". So less than two thirds of the people could get 3 out of 5 right? On a multiple choice/true-false quiz? Double scary.

"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
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