Are you money savvy?
We all like to think we understand the basics of money management. Whether it’s borrowing on a credit card, paying into super or putting a little extra aside for a rainy day, how confident are you that you’re making the right decisions?
How much can you put in your super? What effect does only paying the minimum on your credit card have on how long it will take to pay it off? How much will be in your savings account in a year’s time if you squirrel away $10 per week? Think you know the answers to these questions? Moneysmart.gov.au has a series of simple quizzes aimed at improving your knowledge on basic financial decisions which you make every day.
So why not take five minutes and test your money knowledge on these simple, yet effective quizzes? Visit moneysmart.gov.au.
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