Get the latest from TODAY

Sign up for our newsletter
/ Source: Weekend Today

Think you know all there is to know about handling your personal finances? Find out if you're up to snuff with this debt-busting quiz. Then scroll down for financial expert Suze Orman's answers to these questions and more!

Here are the correct answers:

1. When paying off delinquent debt, pay off what is most overdue first. False.

2. When paying off debt, you should also save cash in a rainy day fund. False.

3. All debt should be treated equally.  True