
Financial Mistakes Survey 2020
Flashcard
•
Business
•
10th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
Student preview

20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What percentage of Americans surveyed in 2020 said that too much credit card debt was their #1 financial mistake of the last decade?
Back
23%
2.
FLASHCARD QUESTION
Front
What was the average credit card debt carried by American households in 2020?
Back
$6,200
3.
FLASHCARD QUESTION
Front
According to the 2020 trials mentioned, what made people feel happier? Options: Spending money on physical items, Spending money on experiences like travel and meals, Saving money instead of spending it, Investing money in stocks and bonds
Back
Spending money on experiences like travel and meals
4.
FLASHCARD QUESTION
Front
How many years of history does the S&P 500 have without a 10-year period of negative returns?
Back
94 years
5.
FLASHCARD QUESTION
Front
How much did U.S. banks pocket in fees for overdraft "protection" in 2017?
Back
$34 billion
6.
FLASHCARD QUESTION
Front
How much did U.S. student debt surpass in 2021?
Back
$1.7 trillion
7.
FLASHCARD QUESTION
Front
What percentage of content creators on YouTube do not make enough money to rise above the U.S. poverty line, according to FORTUNE?
Back
96.5%
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