Putting aside money for a rainy day doesn't come naturally to many of us. How much do you know about accumulating a nest egg?
Question 1 of 20
Which of these mottos is most likely to lead to saving?
Question 2 of 20
If you come into money you weren’t expecting, what should you do with it?
Question 3 of 20
Which of the following is the best strategy for accumulating savings?
Question 4 of 20
True or false: Surveys show that consumers are happier with purchases when they save for them in advance rather than buying on impulse.
Question 5 of 20
The U.S. personal savings rate was a mere 1 percent of income in which year?
Question 6 of 20
According to the Department of Commerce, what was the U.S. personal savings rate by 2011?
Question 7 of 20
About what percentage of Americans contribute nothing at all to retirement savings?
Question 8 of 20
If you want to build up savings, what’s the best goal to give yourself?
Question 9 of 20
True or false: Enrolling in a 401(k) plan is not a very good way to save.
Question 10 of 20
If you are carrying debt, what’s your best savings strategy?
Question 11 of 20
True or false: You always have to wait until age 65 to withdraw money from your 401(k) plan without penalty.
Question 12 of 20
What is one of the most effective things you can do to accumulate savings?
Question 13 of 20
Why can paying cash for purchases help you to save?
Question 14 of 20
What is the typical interest rate on credit card debt?
Question 15 of 20
Which of these is a good savings strategy?
Question 16 of 20
As of 2011, what is the typical interest paid on a savings account?
Question 17 of 20
What’s the best time to start saving for retirement?
Question 18 of 20
True or false: Paying more than you need to toward your mortgage each month can save you big money.
Question 19 of 20
Which of these can make it easier to manage your savings?
Question 20 of 20