Overall, how satisfied are you with your current financial situation?

Compared to Spring 2021, are you more satisfied or less satisfied with your current financial situation?

How confident are you that you could cope if you did not have any labor earnings for the next 3 months?

How confident are you that you could come up with $2,000 if an unexpected need arose within the next month?

How difficult is it for you to cover your expenses and pay all your bills right now?

Are your currently retired?

As of today, which of the following statements describes how manageable your household debt is?

How often do you keep track of your actual spending? Would you say:

How often do you set budget targets for your spending? Would you say:

How strongly do you agree or disagree with the following statement? "My household normally plans ahead financially."

How strongly do you agree or disagree with the following statement? "I am concerned that the money I have, or will have access to, won't last for the rest of my life."

How strongly do you agree or disagree with the following statement? "Thinking about my personal finances can make me feel anxious."

How much time do you currently spend thinking about and dealing with issues and problems related to your personal finances? Please report approximate hours per week.

On a scale from 1 to 7, how would you assess your overall financial knowledge?

How strongly do you agree or disagree with the following statement? "The economic uncertainty created by COVID-19 has motivated me to increase my financial literacy."

Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow?

Suppose you owe $1,000 on a loan and the interest rate you are charged is 20% per year compounded annually. If you didn’t pay anything off, at this interest rate, how many years would it take for the amount you owe to double?

Buying a single company's stock usually provides a safer return than a stock mutual fund.

Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After 1 year, how much would you be able to buy with the money in this account?

Suppose you had $100 in a checking account that pays no interest. If you withdrew 5 percent of what was left in the account each year, how much do you think you would have left in the account at the end of 2 years?

Which of the following indicates the highest probability of getting a particular disease?

Consider the following scenario: Jack and Jill are twins. At age 20, Jack started contributing $20 a month to a savings account. After 20 years, when he was age 40, he stopped adding to his savings but left the money in the account. Jill didn’t start to save until she was 40. Then, she saved $20 a month until she retired 20 years later at age 60. Suppose both Jack and Jill earned a 6% return each year on their savings. When they both retired at age 60, who had more money? Select one choice.

Suppose you are a member of a stock investment club. This year, the club has about $200,000 to invest in stocks and the members prefer not to take a lot of risk. Which of the following strategies would you recommend to your fellow members? Select one choice.

Rita must choose between two job offers. She wants to select the job with a salary that will afford her the higher standard of living for the next few years. Job A offers a 3% raise every year, while Job B won’t give her a raise for the next few years. If Rita chooses Job A, she will live in City A. If Rita chooses Job B, she will live in City B. Rita finds that the price of goods and services today are about the same in both areas. Prices are expected to rise, however, by 4% in City A every year, and stay the same in City B.

Job	Raise every year	City	Expected increase in prices
A	3%	A	4%
B	Stay the same	B	Stay the same

Based on her concerns about standard of living, what should Rita do? Select one choice.

Mary put away $1,000 at age 25 after finishing her Master’s degree and she promised not to touch it for many years. She was able to invest in a stock mutual fund with an annual return of 7%. She is now 55 years old. How many times did her initial amount double since she invested at age 25? Select one choice.

Adele is 50 years old and is discussing three investment opportunities with a friend. She has already put aside a good sum of money and wants to invest it for the next 10 years, after that she will take an early retirement and move to Florida. She wants to play it safe, so she could invest in a) a saving account that pays 1% per year, b) a T-bill that pays 1.5% per year, or c) a certificate of deposit that pays 2%. The current inflation rate is 2.5% and expected to stay at that level. Her friend tells her that if she invests in this way, she will not be able to buy the same things she can afford today with the sum of money she has in 10 years. Which of the following is correct?

Imagine that you‘ve been with NewTech Inc. for the past ten years and just got a $5,000 bonus since the company is doing so well. Thrilled about the bonus, you’re thinking about investing it in the stock market. You never invested before but want to use this bonus to start saving for retirement. What option should you choose? Select one choice.

An investment with a higher expected return is likely to be lower risk.

It is usually possible to reduce the risk of investing in the stock market by buying a wide range of stocks and shares.

High inflation means that the cost of living is falling rapidly.

If the inflation rate was 4% last year, this means that average prices rose by 4% last year.

Compound interest refers to interest earned on the initial amount invested plus accumulated interest.

The Rule of 72 is a simple way to estimate how long it takes for your money to double: Simply divide 72 by the interest rate you can earn on the money.

How much do you know about cryptocurrencies?

Do you own cryptocurrency?

In your opinion, which is more risky:

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