Financial Fitness Quiz

Want to improve your personal finances? Start by taking this quiz to get an idea of how well you've managed your money so far. Choose the score that best describes your current financial management practices.

When you're done, click on the "View Results" button to see how you're doing.

Note: By taking this quiz you will be contributing to a study on financial fitness. Your results will be recorded anonymously. We are not collecting any identifying information.

Financial Management
1.	I have a bank checking account (or credit union share draft account) with which to pay bills.
		Yes
		No
2.	I have enough money each month to pay my rent or mortgage payment and other household expenses.
		Always
		Usually
		Sometimes
		Seldom
		Never
3.	I have enough money to pay for an emergency, such as a large car repair.
		Always
		Usually
		Sometimes
		Seldom
		Never
4.	I have written financial goals with a date and dollar cost (e.g., $10,000 for a car in 2008).
		Always
		Usually
		Sometimes
		Seldom
		Never
5.	I have a written plan (budget) for spending and/or saving my money.
		Always
		Usually
		Sometimes
		Seldom
		Never
6.	I keep organized financial records and can find important documents easily.
		Always
		Usually
		Sometimes
		Seldom
		Never
7.	I know my federal marginal tax bracket (e.g., 15%).
		Always
		Usually
		Sometimes
		Seldom
		Never
8.	I calculate my net worth (assets minus debts) annually.
		Always
		Usually
		Sometimes
		Seldom
		Never

Saving and Investing
9.	I save regularly for long-term financial goals, such as education for my children, a house, or retirement.
		Always
		Usually
		Sometimes
		Seldom
		Never
10.	I have at least three months' expenses set aside in a readily accessible account (e.g., money market mutual fund).
		Always
		Usually
		Sometimes
		Seldom
		Never
11.	I increase my savings when I receive a salary increase.
		Always
		Usually
		Sometimes
		Seldom
		Never
12.	I have a personal investment account for retirement (e.g., 401(k), 403(b), IRA) other than a pension funded by my employer).
		Yes
		No
13.	I have money spread across more than one type of investment (e.g., stocks, bonds, mutual funds, CDs).
		Always
		Usually
		Sometimes
		Seldom
		Never
14.	The average after-tax yield of my savings and investments over the long term is greater than the rate of inflation.
		Always
		Usually
		Sometimes
		Seldom
		Never

Insurance and Estate Planning
15.	I have adequate insurance to cover "big" unexpected expenses, such as a hospital bill, disability, or liability for damages to others.
		Always
		Usually
		Sometimes
		Seldom
		Never
16.	I have a current will.
		Yes
		No

Credit
17.	Less than 20 percent of my monthly take-home pay goes to my credit cards, student loans, and car payments.
		Always
		Usually
		Sometimes
		Seldom
		Never
18.	I pay credit card bills in full to avoid interest charges.
		Always
		Usually
		Sometimes
		Seldom
		Never

Shopping
19.	I comparison shop for major purchases by checking at least three sources.
		Always
		Usually
		Sometimes
		Seldom
		Never
20.	I avoid impulse purchases and don't use shopping as a form of recreation.
		Always
		Usually
		Sometimes
		Seldom
		Never

Demographic Data
21.	What is your gender?

22.	What is your current age in years?

23.	What state do you live in? (If you don't live in the U.S., select "Not a U.S. Resident")

24.	What county do you live in? (If you don't live in New Jersey, select "Not a N.J. Resident")

25.	What is the highest level of education you have completed?

26.	What is your income level?

27.	What is your national origin?