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Published: June 24, 2023

How does your financial IQ stack up to your peers?

A battle of the generations is ON.

And it’s time to pick your horse in this race.

Now, this is a battle between Gen Z, Millennials, Gen X, and Boomers — and it’s over financial knowledge.

Which generation knows the most versus the least about basic finance?

Who would score the highest on a basic financial literacy quiz?

If you picked Gen Z or Millennials as the highest scorers, you’re wrong.1

In fact, these generations tend to score the worst on a simple financial literacy quiz.1

Plus, their scores on this quiz have dropped sharply over the last decade.1

And even though Gen X and Boomers have fared a little bit better, they’re still getting fewer answers correct today than they did roughly 10 years ago.

Why?

And how do you measure up?

Ready to take a basic financial literacy quiz? Click here.

P.S. When was the last time you put your financial knowledge to the test to get out of a sticky situation? What happened and how did it go? Hit “comment” and share your story. I’d love to hear how you used your financial smarts to resolve a challenging situation.

  1. https://www.finrafoundation.org/sites/finrafoundation/files/Why-Is-Measured-Financial-Literacy-Declining.pdf

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