Biggest Bossman / Money and Business Quiz Quiz Money and Business Quiz Ten questions drawn from our money and founder guides.Stacks of coins: Kevin Schneider, CC0 1. In the 50/30/20 budget, what is the 20 for?WantsNeedsSavings and debt payoffTaxesAbout 20 percent goes to savings and extra debt payments.2. Which factor counts most in a FICO score?Credit mixPayment historyNew creditLength of historyPayment history is about 35 percent.3. The debt avalanche pays off which debt first?Smallest balanceHighest interest rateOldest debtNewest debtIt minimises total interest.4. What happens to existing bond prices when interest rates rise?They riseThey fallNo changeThey doubleOlder, lower-rate bonds become less attractive.5. What is the 2026 IRA contribution limit?6,500 dollars7,000 dollars7,500 dollars10,000 dollarsPer the IRS, plus a 1,100 dollar catch-up at 50+.6. A product costs 10 dollars and sells for 20. What is the margin?100%50%20%200%Profit of 10 divided by price of 20.7. What must a US franchisor give buyers at least 14 days before signing?A business planA Franchise Disclosure DocumentA tax returnA loanRequired by the FTC Franchise Rule.8. Apple's first big order came from...IBMThe Byte ShopRadio ShackHPPaul Terrell ordered 50 Apple I computers.9. FUBU stands for...Fashion Unites Brooklyn UrbanFor Us, By UsFresh Urban Brand UnlimitedFrom Us, Buy UsDaymond John's brand name.10. At 6% growth, roughly how long does money take to double (Rule of 72)?6 years12 years18 years24 years72 divided by 6 is 12.Score: 0 / 10Try again ShopThe Biggest Bossman collectionTees and hoodies in the Biggest Bossman colors, printed to order in the USA. Use code VIP15 from the newsletter for 15% off your first order. Close The Deal Briefcase Tee$28.00Close The Deal Briefcase Hoodie$50.00Bull Market$28.00Bull Market$50.00 Shop all Biggest Bossman SourcesIRS newsroomFTC: Franchise RuleFacts on this page were checked against these sources (updated Oct 12, 2026). Spot an error? Email hello@fireempireshop.com.
