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Quiz: How Do Relationships Affect Finances?

Test your knowledge of close relations and money

May 03, 2021

7 Questions

9e96e56b-f707-4477-ad1f-e2ede9609a62

Quiz: How Do Relationships Affect Finances?

[ {
  "question" : "True or false? About 35 percent of married couples in the U.S. make their household financial decisions as a team.",
  "answers" : [ {
    "answer" : "True",
    "correctAnswer" : true
  }, {
    "answer" : "False",
    "correctAnswer" : false
  } ],
  "multiSelect" : false,
  "explanation" : "In a 2018 study by UBS Wealth Management, about 88 percent of millennial women said they want to participate equally.",
  "hint" : "",
  "hintLink" : "",
  "questionImgCaption" : "",
  "questionImgCredit" : ""
}, {
  "question" : "What percentage of women married or living with a partner earned more than their spouses or partners, according to a 2020 TD Ameritrade survey?",
  "answers" : [ {
    "answer" : "15 percent",
    "correctAnswer" : false
  }, {
    "answer" : "18 percent",
    "correctAnswer" : false
  }, {
    "answer" : "21 percent",
    "correctAnswer" : true
  }, {
    "answer" : "45 percent",
    "correctAnswer" : false
  } ],
  "multiSelect" : false,
  "explanation" : "Another 26 percent said they earned the same as their spouse or partner.",
  "hint" : "",
  "hintLink" : "",
  "questionImgCaption" : "",
  "questionImgCredit" : ""
}, {
  "question" : "According to the Federal Reserve Board’s Survey of Consumer Finances, inheritances were received by about 22 percent of families of parents without college degrees who died in 2019. What was the median value of those inheritances?",
  "answers" : [ {
    "answer" : "$28,300",
    "correctAnswer" : false
  }, {
    "answer" : "$51,800",
    "correctAnswer" : false
  }, {
    "answer" : "$68,400",
    "correctAnswer" : false
  }, {
    "answer" : "$76,200",
    "correctAnswer" : true
  } ],
  "multiSelect" : false,
  "explanation" : "The median value for families in which at least one parent had a college degree was $92,700, and 27 percent of those families received an inheritance.",
  "hint" : "",
  "hintLink" : "",
  "questionImgCaption" : "",
  "questionImgCredit" : ""
}, {
  "question" : "How much did the Tooth Fairy, on average, give to U.S. kids in 2020, per tooth, according to insurance provider Delta Dental?",
  "answers" : [ {
    "answer" : "$0.97",
    "correctAnswer" : false
  }, {
    "answer" : "$4.70",
    "correctAnswer" : true
  }, {
    "answer" : "$3.12",
    "correctAnswer" : false
  }, {
    "answer" : "$7.32",
    "correctAnswer" : false
  } ],
  "multiSelect" : false,
  "explanation" : "The “Original Tooth Fairy Poll” says the figure is a record.",
  "hint" : "",
  "hintLink" : "",
  "questionImgCaption" : "",
  "questionImgCredit" : ""
}, {
  "question" : "True or false? American families spend, on average, about a third of their budgets on housing.",
  "answers" : [ {
    "answer" : "True",
    "correctAnswer" : false
  }, {
    "answer" : "False",
    "correctAnswer" : true
  } ],
  "multiSelect" : false,
  "explanation" : "Families in the lowest 20 percent of income spent 41.2 percent from July 2019 to July 2020, according to the U.S. Bureau of Labor Statistics; families in the highest 20 percent spent 31.6 percent.",
  "hint" : "",
  "hintLink" : "",
  "questionImgCaption" : "",
  "questionImgCredit" : ""
}, {
  "question" : "According to a 2018 AARP survey, what percentage of grandparents contribute to their grandchildren’s school or college tuition?",
  "answers" : [ {
    "answer" : "3 percent",
    "correctAnswer" : false
  }, {
    "answer" : "15 percent",
    "correctAnswer" : false
  }, {
    "answer" : "21 percent",
    "correctAnswer" : true
  }, {
    "answer" : "25 percent",
    "correctAnswer" : false
  } ],
  "multiSelect" : false,
  "explanation" : "They chipped in an average of $4,075 annually, the survey said.",
  "hint" : "",
  "hintLink" : "",
  "questionImgCaption" : "",
  "questionImgCredit" : ""
}, {
  "question" : "According to Bankrate.com, how many Americans said they did not plan to take a summer vacation in 2019 because they couldn’t afford it?",
  "answers" : [ {
    "answer" : "22 million",
    "correctAnswer" : false
  }, {
    "answer" : "28 million",
    "correctAnswer" : false
  }, {
    "answer" : "34 million",
    "correctAnswer" : false
  }, {
    "answer" : "39 million",
    "correctAnswer" : true
  } ],
  "multiSelect" : false,
  "explanation" : "For Americans who could afford a vacation, the average expense was $1,979.",
  "hint" : "",
  "hintLink" : "",
  "questionImgCaption" : "",
  "questionImgCredit" : ""
} ]

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Quiz: How Do Relationships Affect Finances?

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Health & Wellness

AARP Online Fitness powered by LIFT session

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