Kaila Lopez

You got to keep us updated.

I totally agree.

I don't think I've ever been to an all-inclusive resort, at least not in my working memory.

But there is something really enticing about not having to worry about anything, whether it's deciding to get dessert or doing an extra drink.

There are so many areas of uncertainty in this era that could impact the price of my upcoming vacation.

I'd rather like lock in this price now.

And when over 90% of Americans plan to travel this year with half prioritizing vacations over other financial decisions, it makes sense that if you're reaching the top of your budget to vacation, that you would want that number to be locked in.

In fact, to make it happen, 17% of people say they would go into debt for a vacation, borrowing an average of $2,500.

Wow.

You know what?

It sounds pretty great.

If you have $20,000 to spare for a week, you might as well try an all-inclusive.

Yeah, I mean, I don't think basic financials are too hard to grasp with the right education, but I think the wins are against us, especially as we're inundated with misleading or confusing information about finances online, paired with, as you mentioned, the increasingly complex financial products entering the market.

I actually have one of the questions that are included in the test.

And Ray, I'm curious if you think you can get the answer.

Well, let's see.

So at home also, let us know if you got the right answer here.

So Ray has $1,000 in savings that earns a 2% rate of return over the course of the year.

The inflation rate during the year is 3%.

Which statement is true?