What’s your attitude to money? Are you a penny-pincher, a spendthrift, a daredevil, or on the right track? Take this quiz and find out.

Circle the letter corresponding to the answer which best applies to you.

1 Saving
A When you receive a gift of money. You don’t even consider saving it. Instead, you buy something extravagant.
B Every month you save as much money as you can, even when it means doing without ‘luxuries’ such as some new clothes, a new CD or a movie.
C You have no money in savings, you owe people money and you have no savings account.
D You save a manageable amount of money every month, and you have specific ideas about what you are going to do with it.

2 Spending
A You buy what you want, when you want it – on credit if necessary – because you just know that you’ll earn the money to pay for it.
B You often put off buying the essential things you need, although you can easily afford to buy them.
C Shopping is a competitive sport for you. If a friend buys the latest watch, jacket or trainers, you have to have them, too. Your wardrobe is full of clothes you’ve hardly ever worn.
D You buy what you need. you aren’t often tempted by what you don’t need, and most importantly you understand the difference between ‘need’
and ‘want’.

3 Bills and records.
A You can’t be bothered to look at records of what you spend and don’t spend. Shouldn’t the banks keep track of your money?
B You check all your account statements frequently, either by phone or online, to make sure your records match exactly. You keep your cash point receipts, credit card vouchers and cancelled cheques for years.
C Because you don’t pay your bills on time, you often owe a late fee, and sometimes you can’t even find your bills amid the clutter on your desk. You pay the minimum amount due on your credit cards.
D Your accounts are balanced and your bills are paid as soon as they come in.

4 Giving
A When it comes to giving things to people, you tend to be impulsive and you’re likely to give more than you can afford.
B You give things to people but you give relatively small amounts compared to what you can afford to give.
C You repeatedly give away large amounts of money, especially for social events and raffles, even though you don’t have any savings.
D Every month, you donate the same affordable amount to the causes of your choice. You’ve carefully budgeted your money and your time to support the causes that are important to you.

Count how many of each letter you have circled and record the number below. The biggest number will reveal your attitude to money.


A.............. B.............. C.............. D..............


Interpreting the results