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Financial Stability Quiz Print E-mail

How financially secure are you? Do you need more financial stability? Take this quiz to find out. This quiz will help expose the security and stability of your finances as well as your financial weaknesses.

 

Do you know your current net worth? Would you consider yourself financially secure?

  • YES
  • NO

Do you have enough money to pay for an emergency (car repair, replace an appliance, etc)? Is the stability of your finances enough to pay for any of these emergencies?

  • YES
  • NO

Do you have a checking account to make money deposits and pay bills from?

  • YES
  • NO

 Do you keep written budget with all your income and expenses? Are your money transactions consistently recorded?

  • YES
  • NO

 Do you have the money to pay your credit cards in full each month to avoid finance charges?

  • YES
  • NO

 Do you have the money for at least 3 months of living expenses put aside in an accessible and secure account?

  • YES
  • NO

 Do you have all financial information organized and somewhere you can find it? Is this information secure?

  • YES
  • NO

Do you receive enough income to pay house and living expenses? Does your income have the stability to finance these expenses on time?

  • YES
  • NO

Do you have a personal investment account for your retirement to ensure the stability of your future finances?

  • YES
  • NO

Do you save money regularly for large purchases (college, house, vacation)?

  • YES
  • NO

Give yourself 10 points for each "YES" you answered on this quiz. 

If you scored an 80 or higher on this quiz, you are more financially secure than the average American! A score of 40 or more on this quiz shows you have a good start to gaining financial stability and security. If your score is less than 30, you might need to get some professional help with your finances for better financial stability and a more secure financial future.
 
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Money Quote

 
"You can't build a strong corporation with a lot of committees and a board that has to be consulted at every turn. You have to be able to make decisions on your own." ~Rupert Murdoch
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