Your Financial Personality Quizwhich questions do you answer YES to?

1. By the end of a pay period do you wonder where all the money went?

2. Do you have a budget plan that you try to stick to?

3. Is a regular savings plan part of your financial strategy?

4. Are you only paying interest on some credit card debt?

5. Do you ever hide the bills when they show up?

6. Is impressing others more important than reducing debt?

7. Do you plan a purchase carefully rather than impulse buying?

8. Do you buy things you want even though you don’t need them?

9. Do you make a list and stick to it at the grocery store?

10. Have you planned ahead to insure your loved ones will be financially secure?

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Your Score

YES answers to questions 2,3,7,9 and 10 indicate you are proactive

YES answer to questions 1,4,5,6 and 8 indicate you tend to be reactive

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Your Child’s Financial Personality Quizwhich questions do you answer YES to?

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1. If you give your child money, does he or she save it? 2. Does your child lose or misplace money often? 3. Do you often hear, “I want, I want” when you go shopping with your youngster? 4. If you ask your child, “why do you want this?”, does he or she often say, “because

Johnny has one”, or “I saw it on TV”? 5. Is your child reluctant to spend any of his or her own money? 6. Does your child get pleasure in seeing a bank account grow? 7. If your child sees a penny on the ground, will he or she go out of his way to pick it up? 8. Does your youngster decide to save for a special toy, and then later choose not to

buy the toy? 9. If you say “No” to stopping for ice cream or pizza, does your child ask, “Can we if I

pay for it” ? 10.When you travel, does your child want to bring presents back to all of their friends?

Your Child’s Score

How to Score

YES answers to questions 1,5,6,7and 8 indicate that you have a saveron your hands.

YES answers to questions 2,3,4,9and 10 indicate that you have a full-fledged spender in the family.

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Chances are, your child will tend to follow your lead since most kids learn their money habits at home

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What Teens and Young Adults Need to Know about Money Before they Leave the Nest

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1. Do you know how to open a savings account? 2. Do you know to do a stop payment on a check or on other types of electronic payments? 3. Do you know how to read your online bank statement and understand its fees? 4. Can you explain how to use a debit card and its fees? 5. Do you regularly donate to charity? 6. Do you know how to get a credit card? 7. Do you know how to check for the best rates? 8. Can you explain why paying your credit card on time is so important? 9. Do you know what the repercussions are if you are late or fail to pay the minimum payment on a credit card?10. Do you pay your balance in full each month? 11. Do you know about the credit rating agencies and how they work? 12. Do you know your FICO score and why it’s so important? 13. Do you know what to do if you lose your credit card or if charges show up that are not yours? 14. Could you formulate a livable budget that meets all of your expenses, after taxes?15. Have you stayed on your current budget for at least 6months without having to ask a parent for financial help? 16. Do you know how to read a lease and what to look for before you sign it? 17. Do you know how to take out and renew car insurance? 18. Do you know what to do if you are in a car accident?19. Do you know how and when to file a state and federal income tax form? 20. Do you pay your taxes on time?