Personal Finance & Investing Quiz

Sarah assigns every dollar of her monthly paycheck to specific categories like bills, savings, and debt repayment. What budgeting method is she using?

• Envelope system

• Zero-based budget

• Pay-yourself-first

• Traditional budgeting

Jason logs into a financial website and sees 'AAPL: 179.45 ▲1.23.' What is he viewing?

• Stock ledger

• Stock report

• Stock ticker

• Dividend statement

Emily reads a summary that includes company performance, recent headlines, and changes in stock price. What is this summary called?

• Annual report

• Stock report

• Brokerage analysis

• Press release

Marcus buys Bitcoin using a digital wallet app. No banks are involved, and all transactions are verified by computer networks. What type of money is Marcus using?

• Digital credit

• Cryptocurrency

• ETF

• Blockchain token

Derek earns monthly income from the money he lent to a friend and from his savings account. What kind of income is this?

• Capital gains

• Wages

• Interest income

• Dividends

Rachel owns shares in a company and receives quarterly payments from its profits. What is the name of these payments?

• Coupons

• Royalties

• Dividends

• Bonuses

Trevor buys a piece of a company, which means he owns part of it. What did he buy?

• A bond

• A mutual fund

• A stock

• An ETF

Nina sells her art collection for $12,000 after buying it for $7,000. What is her $5,000 profit called?

• Dividends

• Capital gains

• Interest

• Bonus income

Michael invests in a fund that buys various stocks and bonds using pooled money from multiple investors. What kind of fund is this?

• ETF

• Mutual fund

• Roth IRA

• 401(k)

TRUE or FALSE: A Roth IRA allows you to deduct contributions from your taxes when you file.