Financial Literacy Quiz

You keep most of your money:
In my wallet until I see something cool.
In an interest-bearing savings account.
In my day trading account.
In a spending account, with some going toward paying off bills.

Last month, the bulk of your purchases involved:
Things I never knew I wanted.
Food, gas and groceries.
Stocks, bonds, investment properties, etc.
A swipe of my credit card.

Your emergency fund:
Is fair game if I want something badly enough.
Will cover me for at least three months of expenses.
Doubles as a mutual fund.
Is something I'd like to build when I get out of debt.

When it comes to financial goals:
They take the shape of cars, boats, and other cool stuff.
They are written down and cover at least the next 5-10 years.
My investment broker has them in his files.
They consist solely of paying down debt at this point.

If you were to receive a raise at work, you would:
Buy something awesome to celebrate… every month.
Increase the amount of money I put into savings.
Increase my international holdings.
Pay more than my minimum credit card payment to pay off debt more quickly.

When you picture retirement, you are:
Living the good life without a care in the world… somehow.
Carefully living off of my savings, social security and other pre-planned accounts.
Strategically selling my holdings.
Refinancing my home for additional income.

How do you use credit cards?
They come in handy for large purchases and vacations, but I pay them off after a month or two.
I pay off my statement every month and use credit cards to build my credit history.
I only use credit cards that pay me back with rewards or incentives.
I have many, and most of them are maxed-out.

Comparison shopping:
Is something I rarely do; when I find something I want, I buy it.
Is something I often do, using at least three sources.
Is something my investment broker does for me.
Is something I do when comparing credit card offers.

Do you often go shopping just for fun?
Yes!
Yes, when I can do so while staying within my budget.
If you count finding a bargain stock, yes.
If I have enough of a credit line, yes.

Your current net worth:
Is comprised primarily of stuff I can wear, drive, carry or use.
Can be found by adding up my bank accounts.
Fluctuates daily, but is primarily in my investments.
Is in the red.

What's your gender? (Optional)
Hero / Male
Heroine / Female