What Is Your Spending Style Quiz
Spending and Debt Questionnaire
Instructions: Circle the number which comes closest to representing how true the statement is for you right now - 1 for less true and 5 for more true. Then, score yourself, using the key at the bottom of the page.
1 2 3 4 5 This month's bills come in before I've paid last month's bills.
1 2 3 4 5 I receive at least one cutoff/past due notice per month.
1 2 3 4 5 I have a stack of unopened bills/notices.
1 2 3 4 5 I keep a negative running balance in my checkbook.
1 2 3 4 5 I search for products I can buy with minimal down payments.
1 2 3 4 5 I get excited about how much credit line I have left.
1 2 3 4 5 I get a least one cash advance per month from my credit card.
1 2 3 4 5 I am frequently short a few dollars and borrow from friends, etc.
1 2 3 4 5 I get high from telling the clerk to "charge it".
1 2 3 4 5 I am always interested in getting new charge cards.
1 2 3 4 5 I feel inordinately good when I pay routine bills like the
phone or the rent.
1 2 3 4 5 I am reticent to discuss the subject of money and walk away from
social conversations about it.
1 2 3 4 5 I've had an account closed in the last 6 months and am angry
about it or have blamed others.
1 2 3 4 5 When my paycheck or loan money comes in, I experience a great
sense of relief.
1 2 3 4 5 I rarely keep a running balance in my checkbook.
1 2 3 4 5 My credit card balances run near the maximum credit line.
1 2 3 4 5 I have little or no savings, investments or assets; nothing
available for contingencies.
1 2 3 4 5 I bounce more than 3 checks per year.
1 2 3 4 5 I have only a vague idea of my various financial obligations.
1 2 3 4 5 Money is tight, but there is always someone I keep turning to who
won't let me starve _________ Total Score (add up all numbers)
SCORING KEY
20 - 35 Doesn't look like a problem.
36 - 50 Get on a budget!
51 - 75 Borderline situation. It maybe time to read some financial books such as How to Get Out of Debt, Stay Out of Debt & Live Prosperously by Jerrold Mundis.
76 - 100 Clearly a problem. Please go to a Debtors Anonymous meeting TODAY
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© 2012 Elevating Your Business. An unstoppable entrepreneur, Maria Marsala is a business strategist, financial advisor coach, speaker, and author. Her clients are independent accounting, financial, and insurance advisors. She guides them to increase their productivity and profits, growing their businesses to serve their lives — not the other way around. Download her free Business Evaluator to quickly learn which areas of your business are screaming for your immediate attention and which areas deserve a big hurrah! Visit www.ElevatingYourBusiness.com
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