Whole Network Most Recent TOP10 Credit Housing Investing Retirement

 

Test Your Financial IQ

Filed in archive General by Justin McHenry on August 15, 2006

Test Your Financial IQ
Newsweek's got a financial quiz on their site that you may be interested in. It tests your knowledge of credit card, mortgage, and other financial products, to see if you know myth versus reality.

I only got a 59% on it, but I was unhappy with at least two of the questions. I should have passed is what I'm trying to tell you.

First off, the very first question about household credit card debt--I think they're using a sensationaltic number that has no real basis in fact. It's been refuted in many different places, but the same stat keeps getting used over and over.

Second, and this is a quibble--I don't think checking out your credit reportlinks is very important unless you're getting denied for credit or you're not getting the lowest rats advertised on a loan. If you're making your payments and your loans go through smoothly and at the best rates, why spend the time poring through a boring credit report? If you're not getting the rates or are getting turned down, that's a different story, especially if you know you've been good.


Advertisement


Permalink: Test Your Financial IQ
Tags: credit  finance  financial  test  business  personal+finance  credit+card  business+start 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/31722



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter
Advertisement - Book yours here.

Use our search feature to look for other interesting posts

Just this blog Whole network
 
Advertisement
Book yours here.



  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: About This Site Banking Blogging Issues Book Reviews Buying Stuff Careers and Money Charity Credit Economy Education Finance Financial Advisors Funny General Greatest Hits Happiness Health Housing Identity Theft Inspiration Investing Kids Marriage and Finance Money & Politics Other Voices Real Estate Retirement Saving Sponsored Post Taxes The Joneses Tools Travel Warren Buffett Zen