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This free 20-question test will reveal if your financial knowledge is up to par. Select your answers and click the CHECK ANSWERS button at the bottom of the page to see how you did.
If the questions have you stumped, sign up for Consolidated Credit’s free online financial education course to improve your financial knowledge.
If you’re having financial challenges that require assistance, we’re here to help. Call us at(844) 276-1544 to speak with a certified credit counselor.
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Dear ##first_name##,
Thank you for submitting your details. A certified credit counselor will be calling you soon at the number you provided.
Consolidated Credit has helped over 10.2 million people find relief from debt. Now we’re here to help you.
Your counselor will help you complete and review your debt and budget analysis, then they’ll discuss the best options for getting you out of debt. If a debt management program is right for you, your counselor can also help you enroll as soon as you’re ready.
If you’d like to speak with a counselor now, please call:
(844) 276-1544
Our office hours are:
Monday - Thursday 8am to 10pm (EST)
Friday 8am to 8pm (EST)
Saturday 9am to 5pm (EST)
Sunday closed
This program has helped my husband and I save so much money and actually get out of debt instead of continuing to make minimum monthly payments! If you’re thinking about trying it, don’t wait any longer! Their customer service is friendly, knowledgeable, and fast to respond and get you answers to your questions and worries.
In the two previous years' surveys – 2021 and 2022 – Americans said they lost $1,389 and $1,819, respectively, due to lack of personal finance knowledge.
Do not subtract other amounts that may be withheld or automatically deducted, like health insurance or retirement contributions. Those will become part of your budget. The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.
A new GOBankingRates survey of more than 1,000 adults found that 28% of people have nothing saved for the future, 39% aren't contributing to a retirement fund and another 30% don't think they'll ever be able to retire. While these numbers worry the experts, they don't shock them.
Key Takeaways. More than one in four Americans (28%) have savings below $1,000. This is the case for 32% of Gen Zers, followed by Millennials at 31%, Gen X at 27% and Baby Boomers at 20%.
Nearly one in three (30 percent) people in 2023 had some emergency savings, but not enough to cover three months of expenses. This is up from 27 percent of people in 2022. Note: Not all percentages total 100 due to rounding. Also, nearly one in four (22 percent) U.S. adults said they have no emergency savings.
Understanding your current financial status is crucial in making informed decisions about your money. To determine where you stand financially, gather all your financial documents, such as bank statements, bills, and investment accounts. This will give you a clear picture of your income sources and expenses.
Address: 747 Lubowitz Run, Sidmouth, HI 90646-5543
Phone: +99513241752844
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Introduction: My name is Delena Feil, I am a clean, splendid, calm, fancy, jolly, bright, faithful person who loves writing and wants to share my knowledge and understanding with you.
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