Only 42% of Aussies got this financial literacy quiz correct. Can you pass?

According to the Household, Income and Labour Dynamics in Australia (HILDA) Survey, more than half of all Australians struggle with financial literacy. The survey asked 17 thousand Aussies and a quiz of 5 basic financial questions and only 42.5% got all 5 questions correct.
In this video, we’re going to test your financial literacy and go through all 5 questions.
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Disclaimer: I am not a financial adviser, I am not an accountant, I am not a tax adviser. This video and my channel is for general information only, as with anything in life you should do your due diligence and seek independent advice.
👋 WHO IS CHRIS CHOW 👋
Hello! My name is Chris, I'm a marketing manager working in Sydney, Australia. I have worked at Apple, Microsoft and HP in a variety of marketing roles. I make videos about personal finance, investing and saving money.
#FinancialLiteracy #PersonalFinance

[@fififinance7469]

Love it 😍

[@ChrisChowShow]

Thank you! 😊

[@klarezhang5226]

No offence but people have basic common sense and primary school math knowledge should pass >

[@ChrisChowShow]

Thanks for watching Klare :)
You would hope so but there's a few surveys and studies that shows otherwise!