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How Smart Am I About Money?
Seven simple questions to test your money savvy.
Did you skip a question?
Please answer the question(s) marked in red.
1) Which of these are fixed expenses?
Clothes
Car insurance
2) Which is a variable expense?
Rent
Entertainment
3) How does credit card interest work?
It’s money that a credit card company pays to you for using their card
It’s money you pay to the credit card company if you don’t pay off your balance
4) How does savings account interest work?
It’s money that you pay to the bank for monthly fees
It’s money you earn from the bank for keeping your money at that bank
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