Money Personality Quiz
1. You’ve just received your student loan. What is the first thing you do?
(a) You pay your rent (2)
(b) You’ve never had so much money before so you go on a spending spree (4)
(c) You work out what you need to spend on essentials during the term so that you know how much you have left to play with (1)
(d) You spend what you need to enjoy yourself during the first week or two of term, as there is lots going on, and worry about your budget later (3)
2. You’re feeling really fed up. What effect does a shopping trip have on your mood?
(a) You instantly feel better once you start spending money so you keep on going (4)
(b) You wouldn’t go on a shopping trip just because you were upset (1)
(c) You buy one or two things to distract yourself (3)
(d) You had to go shopping at some point anyway, so you go ahead as it might cheer you up (2)
3. How often do you borrow money from friends or family?
(a) Never. In fact they always want to borrow money from you (1)
(b) Never (2)
(c) Sometimes when you’re really strapped for cash (3)
(d) Always. You have lost track of how much and who you owe (4)
4. What is your attitude towards credit cards?
(a) You use them all the time and you aren’t worried if you can’t pay off the monthly balance (4)
(b) You never use them (1)
(c) You use them sometimes and always try to pay off the balance at the end of every month (2)
(d) You use them more than you are comfortable with (3)
5. You decide to buy a mobile phone. When choosing, which of the following is most important to you?
(a) A contract phone with as many features as possible (4)
(b) A pay-as-you-go phone rather than a contract (1)
(c) A phone that has the cheapest call rates (2)
(d) A contract phone with a tempting deal on text and call bundles (3)
6. When you go food shopping:
(a) You buy whatever you fancy (3)
(b) You stick to your list of foods for the week that is within your budget (1)
(c) You take a list but allow yourself some treats (2)
(d) You only really buy convenience food and ready meals (4)
7. You and your friends are making plans for the evening but you are all short of money. You:
(a) Go out for a big night anyway. You think that because you already have money problems a bit more debt will not make much difference (4)
(b) Suggest a night out but all stick to a budget (3)
(c) Suggest a DVD night where you all contribute some food and drink (1)
(d) Suggest a night in with a takeaway (2)
8. What sums up your aim in life when it comes to money?
(a) You’ll be a millionaire once you finish university (1)
(b) You spend today and worry tomorrow (3)
(c) You buy what you want when you want it (4)
(d) You save hard, plan, and budget (2)
Did you score mostly 1s, 2s, 3s or 4s? Check the answers below to find out your money personality:
Mostly 1s - You like to make your money work for you. You are clever with your finances. Your aim is to make lots of money.
Mostly 2s - You are planned and controlled where money is concerned. Unexpected expenses cause you concern, so you are happier when you are budgeting and managing your money.
Mostly 3s - You tend to live for today but worry for tomorrow. You often get tempted, but a little planning and budgeting could help you avoid debt.
Mostly 4s - Where do we start?! You borrow and lose track of your finances. You shop beyond your means. Your care free approach to spending will lead you to debt. It’s time to take control!
No matter what your score, if you need help or just a little advice, get in touch. Debbie, your Money Management Adviser is here and happy to help!