Financial products are getting increasingly complicated, and it's getting tougher to stay on top of the regulations that govern what can happen to your money, as well as your rights and responsibilities.
ASIC'S Moneysmart website and Financial Counselling Australia have teamed up to write a quiz for News Breakfast to help you identify gaps in your financial knowledge.
Sumeya Yussuf and Rukaya Elmoustafa, both in year 12, scored eight out of 10. Can you beat them?
Take the quiz then check out Moneysmart to fill in the gaps, or visit the National Debt Helpline for free financial counselling.
