Welcome to our Personal Finance Online Quiz
Let's begin!
What is the first step in creating a budget?
What is the recommended percentage of your income to save each month?
Which of the following is considered a "good" debt?
What is the purpose of an emergency fund?
Which of the following investments carries the highest risk?
What does the term "compound interest" refer to?
What is the recommended debt-to-income ratio for individuals?
What does the acronym "APR" stand for?
What is the purpose of diversification in investing?
What is the recommended debt repayment strategy known as?
Which of the following is an example of a variable expense?
What is the recommended strategy for paying off debts?
What is the key principle behind "pay yourself first"?
Which of the following is an example of a long-term financial goal?
