We have put together a short financial quiz.
The questions are based on common day-to-day events, like socializing, spending, borrowing and your views on money in general.
There are no right or wrong answers. Remember, everyone is different. Money is a tool. How you use it will be up to you. But the insights offer an opportunity to understand your financial personality a little better.
Money Personality (Student)
We have put together some basic questions to help you assess whether or not you are more High Roller, Hunter or Stealthy Prowler.
Our Three Personality Types
High Roller
People in this category enjoy money. They view it as something that needs to be used. Savings are for later, like when they secure a real job, with a good income. For now, life is to be enjoyed where possible.
Hunter
People in this category find a degree of balance when it comes to their money. They enjoy having some fun, but also know that they need to plan ahead for lean times also.
Stealthy Prowler
People in this category have a respect for money. They know that they, or someone else, has to work for it. They understand it is a resource that is not limitless. So they take a more cautious approach. They are open to having some fun and deriving value from money. Yet, they are careful not to waste it.
10 things to remember:
- Planning is important.
- Borrowed money needs to be repaid.
- Debt normally comes with interest charges.
- Inflation erodes the value of money over time.
- Emergency funds are a necessity, not a luxury.
- Diversification is consideration for investing decisions.
- Compound interest is financial magic.
- Your personal credit profile is very important, protect it!
- Your ability to earn money will be your greatest asset.
- There is never a wrong question when it comes to managing your money!
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