How well do you understand basic financial principles?

Over the next month, JA Africa and Ecobank are undertaking a digital campaign dubbed "Banking on Africa's Youth" that will mobilize and educate over 200,000 African youth with financial literacy knowledge.

The campaign will cover basic financial principles of Earning, Saving, Spending, Banking and Investment.

Share with us what you already know about these principles by completing this short quiz.

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* 1. Full name (eg. Steven Thompson)

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* 2. I am a student

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* 3. Country

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* 4. Email (Or your parent/guardian's email if you don't have one)

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* 5. Sex

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* 6. Age 

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* 7. Social Media Handles

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* 8. For each statement below, choose the response that best reflects what applies to you. There is no right or wrong answer.

  Yes No Not sure
Only adults are allowed to have bank accounts 
Young people do not earn money so they do not have to save
If I want to be able to afford nice things, my parents must be rich
I can save part of my pocket money to buy myself something nice for Christmas

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* 9. Is it necessary to have a bank account?

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* 10. I can open a bank account at my age

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* 11. I don't have a job so I cannot have a bank account

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* 12. I need to have a lot of money in order to open and maintain a bank account

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* 13. I need a lot of money to start an investment

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* 14. What do you think is the correct order for managing any money you earn?

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