The economy is booming but few of us know the simply basics of handling money.
According to the six question National Financial Capability Study Quiz, compound interest and basic investing are baffling some of us. Certified Financial Planner Doug Horne tells KTRH even younger workers whose only investment is their 401K don't realize they need to get some professional help putting a financial strategy together.
For young people, if you quit your job and you roll your 401K into an IRA, that's a good time," Horne said.
You can take the quiz right here.
You can hear Doug Horne on Smart Money Radio Sunday afternoons at 3pm on KTRH.