## RoLesia Holman

HowMoneyWorks Educator

Kirtland, OH 44094

## Are youFinancially Literate?

43% of all Americans can't answer the most
basic questions about how money works.

Answer the 5 questions below to find out now.
Question #1

## Percentages

If you owed someone \$500 plus interest, which would be higher to pay back?

Question #2

## Inflation

If both your income and the prices of groceries, gas, and other products you buy were to double over the next 20 years, how much will you be able to purchase?

Question #3

## Compound Interest

You have \$1,000 in a savings account earning 1% annually. What would your balance be after 10 years if you never withdrew any money from your account?

Question #4

## Impact of Losses

Suppose you lose 50% of a \$10,000 investment. How much return would you need to get back to \$10,000?

Question #5

## Risk Diversification

Generally speaking, is it more secure to put your money into:

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