Financial literacy quiz

Ten true or false statements on saving, borrowing, investing and UK tax, each explained, to check how strong your financial knowledge is.

Question 1 / 10
The annual ISA allowance is £20,000.

About this tool

The Financial Literacy quiz is made up of 10 true/false statements covering personal finance, saving, credit, investments and taxation. Each answer comes with a short educational explanation so you learn while playing. According to the OECD, financial literacy is crucial to good day-to-day decisions — choosing a loan, comparing investments, avoiding scams, planning for retirement.