Test Your Financial Intelligence 🧠💸 Do you really know how money works? Most people think financial intelligence is only about earning more—but true wealth comes from understanding how to manage, grow, and protect your money. This quick 15-question quiz will challenge your knowledge of key financial concepts like: Active vs. passive income The “rat race” trap Compound interest Stock markets and diversification Crypto and digital assets Smart money habits for long-term independence At the end, you’ll get a score from 0 to 105 and discover your Financial Intelligence Level—from Financial Caveman to Financial Jedi ✨. Take the test, learn something new, and see where you stand on your journey toward financial freedom. 👉 Ready? Let’s go! What’s the main difference between active income and passive income? Active income requires ongoing work, passive income does not. Passive income is illegal. Active income is only from investments. There’s no difference. None What does the term “rat race” describe in personal finance? A high-speed trading strategy. The cycle of working hard just to cover expenses without building wealth. Investing in risky assets. A government savings program. None What is compound interest often called? “The eighth wonder of the world.” A dangerous scam. A short-term strategy. A method for avoiding taxes. None If you invest $1,000 at 10% annual compound interest, approximately how much will you have after 10 years? $1,100 $2,594 $10,000 $5,000 None What does “diversification” mean in investing? Putting all your money in one stock. Spreading investments across different assets to reduce risk. Avoiding stocks completely. Trading every day. None What is a stock dividend? A fee charged by your broker. A cash or share payment from a company’s profits to its shareholders. The tax you pay on profits. A type of loan. None Which of these is an example of a passive income source? A 9-to-5 salary. Royalties from a book. Hourly freelance work. A one-time bonus. None What does “liquidity” mean in finance? How much profit an asset generates. How easily an asset can be converted into cash. The amount of debt a company has. A type of dividend. None Which of the following is true about cryptocurrencies? They are always backed by governments. They use blockchain technology to verify transactions. They guarantee profits. They are the same as digital dollars issued by central banks. None What is an ETF (Exchange Traded Fund)? A group of stocks or assets bundled together and traded like a single stock. A savings account with high interest. A company’s annual profit report. A type of bond. None If inflation is higher than the interest rate on your savings account: Your money grows faster. Your money loses purchasing power. Inflation doesn’t affect savings. You pay fewer taxes. None What is “dollar-cost averaging”? Buying the same dollar amount of an investment regularly, regardless of price. Timing the market for the lowest price. Investing only in dollars. A method of calculating taxes. None Which of these is an asset? A credit card debt. A car you own outright. A monthly rent payment. An unpaid loan. None What’s the main role of the stock market? To provide entertainment for traders. To let companies raise capital and investors buy/sell ownership. To guarantee profits to investors. To control interest rates. None Which of the following best describes financial independence? Having no debt, and earning a retiring pension. Having enough assets and income streams to cover living expenses without needing active work. Retiring at age 40. Earning more than your peers. None Time's up
