14 Personal Finance Facts and Myths: Do You Know the Difference?

POP QUIZ

When it comes to things like the cost of raising a child or how much to spend on housing, do you know your stuff? In a recent issue of AARP The Magazine, personal finance expert George Mannes provides a wealth of eye-opening information designed to help Americans get a handle on their finances. In an interview with Cheapism, Mannes expanded on his list of insights, presented in the form of a “Family Financial Exam.” Don’t worry — it’s true or false.