Financial Literacy Level

  • Are you financially literate?

  • This is a self-diagnostic tool to assess your current personal finance management status. There are 9 questions in this tool with a maximum score of 100 points.

    Answer the questions as honest as possible. This is not meant as an advice and users take responsibility in using the form and interpreting its results.

  • I am:*

  • Financial literacy self-assessment

  • To your own knowledge, do you think you are financially literate?

  • Question 1

  • Suppose you have some money. Is it safer to put your money into one business or investment, or to put your money into multiple businesses or investments?

  • Question 2

  • Suppose over the next 10 years the prices of the things you buy double. If your income also doubles, will you be able to buy less than you can buy today, the same as you can buy today, or more than you can buy today?

  • Question 3

  • Suppose you need to borrow 100 US dollars. Which is the lower amount to pay back: 105 US dollars or 100 US dollars plus three percent?

  • Question 4

  • Suppose you put money in the bank for two years and the bank agrees to add 15 percent per year to your account. Will the bank add more money to your account the second year than it did the first year, or will it add the same amount of money both years?

  • Question 5

  • Suppose you had 100 US dollars in a savings account and the bank adds 10 percent per year to the account. How much money would you have in the account after five years if you did not remove any money from the account?

  • Interpretation

  • Ayon sa research ang Standard and Poor's noong 2015, 25% lang ng mga Filipino ang financially literate. Handa ka na bang malaman kung financially literate ka?

    Click submit para malaman.

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