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November 26, 2004


Are you financially healthy?

Or are you in a soup?

Take this quiz to get a reality check.

We have come up with 10 situations. Depending on whether or not you identify with it, tell us if we are right or wrong.

Note: Scores are on a scale of 0 to 10.
The less you score, the higher your financial acumen.

1. You spend more than you earn.
False
True

2. Recently, your cheques have been bouncing.
False
True

3. You only pay the minimum on your credit card every month.
False
True

4. You sometimes borrow money from your family or friends.
False
True

5. You pay bills with money set aside for other things.
False
True

6. You have no savings for a rainy day or emergencies.
False
True

7. If you lost your job, you would be in trouble right away.
False
True

8. You do not save regularly.
False
True

9. You never increase your savings when you get a raise.
False
True

10. You do no tax planning.
False
True

   

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Last quiz: Are you made for each other?


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