This was one of the better personal finance quizzes that I have seen out there…Why?

• Comprehensive:  It has 30 questions covering a range of topics
• Numeracy:  It has several questions that require some basic problem solving and numeracy skills in comparing options or best course of action
• Application:  Less focus on conceptual knowledge and more on whether you can use this knowledge to make good decisions
• Open Net:  It encourages students to go out and find the answers if they don’t know them.  This is the way the world works…
• Question type:  for both investing and paying for college questions, it asks test takers to rank order various options going beyond the basic multiple choice
• Motivational:  Once your students have completed the quiz, it shows how they stack up vs. the thousands of other test takers and identifies the concepts that require further study.

Look for the NGPF Question Bank later this summer which will provide teachers with hundreds of assessment questions.  Oh, how did I score on the quiz (I know you were wondering)?  A-. I have an email into the company disputing a few of the questions that I answered incorrectly…

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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