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Financial Mistakes Survey 2020

Authored by Therese Tolley

Business

10th Grade

Used 20+ times

Financial Mistakes Survey 2020
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What percentage of Americans surveyed in 2020 said that too much credit card debt was their #1 financial mistake of the last decade?

23%

30%

45%

52%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What was the average credit card debt carried by American households in 2020?

$5,000

$6,200

$7,300

$8,100

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

According to the 2020 trials mentioned, what made people feel happier?

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many years of history does the S&P 500 have without a 10-year period of negative returns?

A) 50 years

B) 94 years

C) 100 years

D) 10 years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How much did U.S. banks pocket in fees for overdraft "protection" in 2017?

A) $34 million

B) $34 billion

C) $340 million

D) $3.4 billion

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did U.S. student debt surpass in 2021?

$1.5 trillion

$1.6 trillion

$1.7 trillion

$1.8 trillion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of content creators on YouTube do not make enough money to rise above the U.S. poverty line, according to FORTUNE?

50%

96.5%

75%

85%

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