Only 57% of American adults are financially literate, according to a survey by Standard & Poor’s. Without a basic understanding of financial concepts, people are far more likely to make poor decisions regarding their money.
This knowledge is arguably more valuable than ever, as tools and products that can significantly improve your financial situation are so easily accessible. Yet without a proper understanding of how they work, let alone that they exist, they’re rather useless.
To gauge your knowledge of all things money, we put together a quiz that asks: What is your financial IQ?
Between securing a loan, buying a car, saving for retirement, and much more, AAA is here to help you with all your financial needs. Learn more about all the products and services available to members.
So, what is your financial IQ? Share your quiz results in the comments.