Personal Finance Quiz

What is the minimum percentage of your pre-tax income you should invest to keep more income?

• 10%

• 15%

• 20%

• 25%

What is the range of a good FICO credit score?

• 200 - 600

• 300 - 850

• 400 - 700

• 500 - 900

Which category is evaluated at 35% in a FICO score?

• Length of credit history

• New credit

• Payment history

• Types of credit

What is the maximum annual contribution for a Roth IRA?

• $4,000

• $5,000

• $6,000

• $7,000

At what age can you withdraw tax-free from a Roth IRA?

• 55

• 59½

• 62

• 65

What is the main benefit of index funds?

• High management fees

• Diverse and low management fees

• Guaranteed high returns

• Limited investment options

What should you do to protect your credit?

• Open multiple credit cards

• Pay off credit cards on time and in full

• Ignore credit card statements

• Use only cash

What is the purpose of an emergency fund?

• To invest in stocks

• To cover unexpected expenses

• To pay off credit card debt

• To buy luxury items

What is the best way to secure your personal information online?

• Share your SSN on social media

• Use a password manager

• Use the same password for all accounts

• Ignore software updates

What does NYSE stand for?

• National Youth Sports Exchange

• New York Stock Exchange

• National Yearly Savings Exchange

• New York Securities Exchange