I missed the bond
question. The rest were easy.
The accompanying article from WSJ
Although many respondents were short on financial education, they didnít lack confidence about managing their books. Researchers said they found ďa disconnect between self-perceptions and actions in day-to-day financial matters.Ē Many people who gave themselves high marks for managing their finances also were using non-bank borrowing methods, such as payday loans, or had overdrawn their checking accounts.
Classic American attitude to be confident without know wtf we're talking about.