So you think you're a knowledgeable consumer?
What do you know about charitable giving or protected investments?
How about testing your knowledge by answering a couple of questions.
It's just a short quiz because I know if it's too long, you won't even try. The answers are on the next page...
Charities have to give what percentage of donations to their cause?
-There is no requirement
Which investments are not insured by the government?
Before giving any money to any charity, make sure you check out that charity.
If you get a call from a charity and they want your credit card number, ask for information to be sent to you before giving.
You want to see how much the charity gives to the cause and how much they keep for their own salaries, fundraising and expenses.
Charitywatch, GuideStar, Charity Navigator and BBB Wise Giving Alliance can all help you with your search for a reputable charity.
1. There is no requirement
2. Mutual funds