How Financially Fit Are You?
Do you think you're doing a good job at managing your money? Or do you feel your spending is out of sync with your income? To see what kind of shape you're in, take a few minutes to fill out this Financial Fitness Test.
Answer yes or no to the questions below.
- Do you usually pay your bills late?
- Are you using more and more of your income to pay debts?
- Are you paying your bills with money planned for other things?
- Are you paying only the minimum amount on your loans and credit cards every month?
- Are you at or over the limit on your credit cards?
- Are you borrowing money or using credit cards to pay for things previously bought with cash?
- Are you using your savings to pay bills?
- Has a collection agency recently called about overdue bills?
- Have you put off visiting the dentist or buying prescriptions because you can't afford them?
- If you or your spouse lost your job, would you be in financial trouble right away?
- Are you uncertain about the exact amount of money you owe?