Financial Personality Quiz

1. When shopping, I spend more than I expected to.

Strongly agree

Agree

Neutral

Disagree

Strongly Disagree

2. When I make a big purchase, I research other options first.

No, I know what I want.

Not often.

Yes, and I've thought about it for at least 2 days.

It depends how much I want the item.

No, the research would overwhelm me.

3. I'm a sucker for trends in my areas of interest.

Only if I know, for sure, that a trend involves a high-quality product.

There are certain trends that I just can't ignore...

No, trends are often based on misinformation.

My opinion matters more than a trend.

Yeah - trends are indicators of good products.

4. I would rather make my own food than shop at the canteen.

At certain times of year, I can't overlook the canteen.

The canteen is a waste.

I've gotta spend on my favourites! I also need coffee!

They have one item that's worth it. Otherwise, I'll make my own.

No, the canteen stresses me out.

5. I know exactly how much money I have in cash and in my bank account.

Yes? It's my money?

Roughly, but I know it's enough.

Yep! I keep track of it.

Only when I'm running low.

LOL

6. You have a credit card with a $2,500 limit.

Good - I can buy a slightly more expensive item sooner than expected.

I know future me will hate this.

Every time I use it, I pay off the amount I owe almost immediately. Great for reward points, though!

Credit cards are not for me.

I would use it, maybe, once every year to make a big purchase.

7. You have received an unexpectedly high bill (e.g., a phone bill).

Whoops. I'll be more careful next time.

I'll have to actively cut down on my next bill.

This simply would not happen to me, ever.

Call the provider, as it's probably a mistake.

I'd work out why it's so high, then reduce my spending elsewhere to compensate.

8. What would worry you the most?

Not having a fund for emergencies.

Not being able to buy something when it first comes out.

Not being able to spend money with family and friends.

Not being able to buy something I want when it finally goes on sale.

9. You are financially dependent on someone else (e.g., parents).

That's perfectly fine with me.

This is something I want to phase out in the next few years.

I feel guilty about this.

I am, but I try to pay them back as best I can.

10. Which do you consider more important? - Increasing your income or decreasing your spending?

Prioritise increasing your income

Increase my income, but cut my most wasteful spending.

Even mix of both.

Reduce spending and increase income to make up for areas where that isn't possible.

Prioritise decreasing my spending.