What are finance quizzes for?

Finance quizzes are designed to assess your financial knowledge, money habits, and decision-making around saving, spending, and investing.

Are these finance quizzes beginner-friendly?

Yes, all quizzes are designed for beginners and intermediate users. They are fun, multiple choice, and come with score-based feedback.

Finance Quizzes – Test Your Financial Literacy, Budgeting & Investing Smart

QuickFinTools

Are You Financially Fluent or Just Faking It?

Q1. What’s the real purpose of a budget?

A) To restrict your fun and crush your soul

B) To track income and expenses so you can make smarter choices

C) To make spreadsheets for no reason

Q7. Which of these is NOT a wise investment?

A) A diversified stock portfolio

B) Crypto because your friend Dave said it’s the future

C) Index funds

Results

Q8. The 50/30/20 rule refers to:

A) Your favorite TikTok dance routine

B) A budgeting method: Needs/Wants/Savings

C) The ideal pizza-to-nap-to-caffeine ratio

Q6. What’s “paying yourself first”?

A) Giving yourself a pat on the back before paying bills

B) Prioritizing saving before spending

C) Cashing your paycheck at the club

Q5. How often should you review your budget?

A) Once a decade

B) Monthly

C) When Mercury is in retrograde

Q4. What’s an emergency fund?

A) That $12 in your glove compartment

B) 3-6 months of expenses saved for unplanned disasters

C) A GoFundMe waiting to happen

Q3. Which of these is considered “bad debt”?

A) Student loans

B) Credit card debt

C) Mortgage

Q2. You just got a raise. What should you do?

A) Upgrade your lifestyle, obviously

B) Invest it or increase savings

C) Buy a yacht (or at least the inflatable version)

Investing Myths You Probably Believe (But Shouldn’t)

Q1. "Investing is only for rich people." True or false?

False – anyone can start with small amounts

True – I’ll start once I can afford an espresso machine

It depends on whether Mercury is in your 7th house

Results

Q2. What happens if the stock market crashes?

A) You lose everything and live under a bridge

B) It’s time to buy lottery tickets instead

C) Markets tend to recover over time — don’t panic

Q3. “I missed my chance to invest. It’s too late now.”

A) Yes, I should’ve invested during the dinosaur era

B) No, time in the market > timing the market

C) I’ll wait until next week. Or month. Or never.

Q4. What’s a “get-rich-quick” scheme in disguise?

A) Long-term index fund investing

B) Starting a side hustle with actual effort

C) Any investment promising guaranteed, fast returns

Q5. “If I invest, I’ll lose my money.”

A) True, unless I invest in gold bars buried in my backyard

B) Investing carries risk, but risk can be managed

C) Better to hide my cash in a shoebox

Q6. What does diversification do?

A) Helps avoid putting all your eggs in one disaster

B) Makes your portfolio more colorful

C) Sounds like something only Wall Street people do

Q7. Crypto is:

A) The future of money and I’m all in, baby

B) A speculative asset that shouldn’t be your entire portfolio

C) How I plan to retire next year

Q8. The best time to start investing is:

A) Yesterday. But today is good too

B) When I’m rich

C) When my vibes are right

Q9. Which is a guaranteed way to build wealth slowly but surely?

A) Taking financial advice from TikTok influencers

B) Betting on a “sure thing” stock

C) Dollar-cost averaging into broad index funds

Saving Money—Are You a Saver or a Spender-in-Disguise?

Q1. What’s your idea of saving money?

A) Automating transfers to savings every payday

B) Transferring $5 to savings and then back to checking two hours later

C) Waiting for a 30%-off sale to spend more

Results

Q2. How much should you have in your emergency fund?

A) $20 and a packet of ramen

B) 3–6 months of living expenses

C) Enough to cover your Netflix subscription

Q3. What happens to your savings when you get a bonus?

A) “What savings?”

B) You celebrate like it’s payday and your rent isn’t due

C) You stash a chunk before spending

Q4. How often do you check your savings progress?

A) When your bank app guilt-trips you

B) Monthly or as part of your budget review

C) Wait… I was supposed to track that?

Q5. What’s the 80/20 rule (in the context of saving)?

A) Spend 80% of your paycheck in the first 2 days

B) The amount of time you spend online vs. actually saving money

C) Save 20% of your income and live on the rest

Q6. Your savings account interest rate is:

A) High-yield, baby — I know my options

B) Whatever the bank gives me (0.02% maybe?)

C) Interest? Oh, I thought it was just a vault with a password

Q7. How do you treat “found money” (gift, refund, etc.)?

A) Found = spent

B) Save or invest at least half, treat yourself with the rest

C) Wait, I thought refunds were for impulse buying

Q8. You see a shiny new gadget you didn’t plan to buy. You:

A) Buy it. Life is short, right?

B) Wait 24 hours to see if you still want it

C) Add it to your cart and tell yourself it’s a reward for existing

⚠️ Disclaimer

These quizzes are designed for educational and entertainment purposes only. While they offer insights into personal finance, savings, and investing, they are not a substitute for professional financial advice. Always do your own research, consult a certified financial advisor, and don’t base your entire money strategy on how well you scored in a quiz with emojis. 😉

⚠️ Disclaimer

Risk Disclosure Statement

Investing in stocks carries inherent risks that may result in financial losses. It is essential to understand and acknowledge these risks before making any investment decisions. Seek professional advice if needed.

Risk Management

Proper risk management is crucial for sustainable investing and saving. Diversification and informed decision-making are key to mitigating risks and protecting your investment capital.

Smart Investing

Smart investing involves thorough research, analysis, and risk assessment. By staying informed and practicing prudent decision-making, investors can navigate market uncertainties effectively.