What do you know about Money?

When it comes to saving money:

• A. I know I should save, but I never seem to be able to

• B. I really enjoy saving. I spend a lot of time thinking about how to save

• C. I have troubles saving money and this bothers me sometimes

• D. I spend only on the things I really need

• E. Saving comes naturally to me. I save regularly

As far as credit cards are concerned:

• A. I often forget to pay my credit card bills. I get a lot of warning notices

• B. I don’t mind charging a lot of things if I know I can pay off my credit card quickly

• C. I tend to use credit cards often, but I always make the minimum payment

• D. I prefer not to have a credit card at all. I use mine as little as possible

• E. I always avoid using credit cards. I prefer to use cash or debit

When I want a certain item, but it costs more than I have:

• A. I buy it and figure out how to pay for it later

• B. I save for it first, then buy it

• C. I’ll buy it or charge it, even if I can’t afford it

• D. Most of the things I want are not luxury items, so I can afford them

• E. If the item is important enough to me, I’ll figure out how to adjust my budget to buy it

When I’m feeling down:

• A. Spending money does not cheer me up

• B. Thinking of plans to make more money makes me feel better

• C. Spending money always cheers me up

• D. Spending money makes me feel worse. Spending money has nothing to do with happiness

• E. Putting money into savings would lift my spirits

If I won the lottery, my first reaction would be:

• A. Overwhelmed. I have no idea how to handle it

• B. Very happy. I would immediately think about how to make my money grow

• C. Wildly excited. I would be able to buy anything I wanted

• D. Guilty. I would think about people who have nothing and try to help them

• E. Shocked. I would be relieved that my future is secure

1. According to this quiz, what kind of spender are you? 

• Avoider

• Collector

• Spender

• Thinker

• Miser

Do you agree with the results?

• I completely disagree with the results.
• I slightly agree with the results

• I completely agree with the results

• I slightly disagree with the results

Think of, and List a specific example that demonstrates that you are the kind of spender described.

1. The quiz labels you as either a(n): Avoider, Collector, Spender, Thinker, or Miser. Based on the title, do you think you are a different kind of spender or a combination of two? Explain. 

1. Is there a kind of spender you would like to be more like? If so, name two ways you could change some of your money habits. If not, why not?