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What is Your Savings IQ?

1 of 10

Which of the following is a type of savings account?

2 of 10

True or False. You cannot write a check from a traditional savings account.

3 of 10

What is a dividend rate?

4 of 10

True or False. It is always better to use your savings to purchase an item rather than obtain a loan.

5 of 10

Which of the following is true of certificates?

6 of 10

How are dividend rates determined?

7 of 10

True or False. All savings accounts are pretty much the same.

8 of 10

Why is saving money important?

9 of 10

What is compound interest?

10 of 10

True or False. Saving money is easier to stick to when you have a goal.

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