Financial Literacy Pre/Post Test

Most Americans today are wealthy and will have financial security when they retire

The amount of money a profession brings should be your first priority when selecting your career path

Everyone should have the same financial plan

The goal in communicating with your parents about money is to become responsible and independent with the money you have

When you're in college, you won't have the same emergency fund as your parents

It is easier to manage money when you are accountable to no one

Credit card companies are constantly targeting teenage consumers

Most Americans avoid the use of credit when it comes to buying big-ticket items like a car or furniture for their home

You can and should obtain a free copy of your credit report annually in order to chick for any suspicious activity

Setting up auto account transfers is the easiest way to build your savings for your emergency fund or large purchases

The number one cause in North America today is stress and disagreements over money

You must carefully budget out utilizing your credit card

You should hold off on investing for retirement until you have college or other post-secondary education paid for

"Pay yourself first" means you should assign a portion of your income to saving and investing every month

A written financial plan gives a person empowerment, self- accountability, and control

When researching for colleges, you should narrow down your choice of colleges to 10 schools or less

In a marriage, you are financially accountable to each other

You should save money for three basic reasons: emergency funds, purchases, and wealth building

What you do now with money will have little effect on your financial future

Since the job market constantly changes, odds are that you will work in more than one career field in your lifetime

Budgeting is crucial to your financial success

When developing a personal financial plan, one of the first things you should do is assess your current situation.

Young single adults should find an accountability partner with whom to discuss big purchases

These are three credit bureaus: Experian, TransUnion, and Equifax

Shopping for bargains is part of a healthy financial plan

You will only need to complete the FAFSA once during your college education

Using cash gives you more bargaining power than using credit

You can start investing with a small amount of money

A debit card cannot be used for online purchases

The best colleges are always the most expensive