veremchuka
Thinks s/he gets paid by the post
I stumbled across this quiz in an Allan Roth column Avoid Money Problems by Age-Proofing Your Finances - AARP. So out of curiosity I took it because Allan said
The one that tripped me up was #8 and I did think about it for a while. I was uncertain but based upon my analysis of the question and possible reasons for the correct answer I guessed and it was wrong. OK I'm not perfect!
How did you do?
Test Your Financial Knowledge and Compare With Others Your Age - AARP
and gee whiz I got 15 out of 16 correct. I only spent the time it took to read the question and answers, IMO all the answers were obvious. Am I as smart as Allan? Probably not but I wonder if anyone thinks these questions are hard?I took the quiz and aced it. But I'm a financial planner, and, at 56, I'm at the peak of my financial competency, according to a study based on this quiz by Michael Finke and Sandra Huston of Texas Tech University and John Howe of the University of Missouri-Columbia. Financial-acuity scores drop by about a percentage point every year after age 60, the study finds.
The one that tripped me up was #8 and I did think about it for a while. I was uncertain but based upon my analysis of the question and possible reasons for the correct answer I guessed and it was wrong. OK I'm not perfect!
How did you do?
Test Your Financial Knowledge and Compare With Others Your Age - AARP