How well do you know your money personality?

26 November, 2010

Now, we're not talking about changing your money persnality - but simply creating new habits to help you make the most of your dollars and cents. Grab a pen and paper and jot down your choices A - D. Then read about your money type. Have fun!

Q1: Having just been told you are being made redundant, your first reaction is to..
A:   Contact the HR Department to see if you can get some more information.
B:   Start thinking about what you could do with a lump sum payment.
C:   Call your best friend to tell her
D:   Think about what you would wear to a job interview

Q2:  When buying a gift for your mother, you...
A:    Usually know exactly what she wants and where to find the best price
B:    Give her a gift voucher using some of your reward points
C:    Go along with what your siblings suggest she would like
D:    Spend more than you should to get something fabulous

Q3:  If you were buying a new car, which of the following would determine your choice?
A:   How economical it is,  not just to buy, but also to run in terms of fuel costs etc
B:   The amount of monthly loan repayments
C:   The recommendation of friends
D:   Whether it is the car of your dreams

Q4:  If you inherited $1,000, you wouild most likely...
A:   Use it to reduce your mortgage
B:   Put it towards your next holiday
C:   Deposit it in the bank while you figure out what to do with it
D:   Buy furniture that's on sale

Q5:  When dividing the bill after dinner out with friends, you are most likely to...
A:   Only pay for what you ordered
B:   Pay it with your credit card
C:   Pay an equal share of the total bill
D:   Pay using cash

Q6:  You chose the investment portfolio for your super according to...
A:   What best suited your risk profile
B:   The one a friend recommended
C:   Whatever the default option was
D:   Which one had the best return

To find out about your money personality, click here.