Whether you’re a novice or an expert, this quiz gives you the opportunity to test your knowledge, determine areas for improvement and learn helpful tips and resources to guide you through the process of becoming a savvy saver. Take the quiz to help evaluate your saving habits.
An emergency fund helps you save for unexpected expenses such as medical or home and auto repair.
An emergency fund is money saved for unexpected expenses such as medical or home and auto repair.
You should save enough in your emergency fund to pay three to six months’ expenses.
You should have enough money in your emergency fund to sustain you for three to six months.
Savings accounts allow you to deposit and withdraw funds and earn interest.
Savings accounts allow you to deposit and withdraw funds and earn interest.
Saving at least 10 percent of your income each month gives you a safety net for retirement and other unexpected expenses.
You should consistently save at least 10 percent of your income.
Your Score
You’re a savvy saver — check out these tips to stay successful.
You’re on the path to becoming a savvy saver — check out these resources to become even better at saving.
You’re a newbie with lots of saving potential — check out these resources to become a great saver.
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