I thought it would be kind of fun to try a couple of money quizzes that can be found online. These are just for fun – I’m sure they are not a concise report of your spending habits, although they nailed me pretty good. Try this one at Money Harmony. Olivia Mellan is the author of this website. I took her quiz and it told me I was a hoarder. Embarrassing, but not too far off the mark. The other money types are amasser, money monk, avoider and spender. Try it and let me know your money type.
Then there’s another money quiz from Dr. Oz. I’m called a justified spender. That sounds much better than a hoarder, doesn’t it? A justified spender always has a reason to buy something and will “rationalize every splurge and purchase”. Basically saying that I have to have a reason to buy an item and if I’m going to buy that item I might as well buy the best so that it lasts over time. Yeah, kind of sounds like me.
Here’s a fun one from Seventeen magazine http://www.seventeen.com/life/life-quizzes/a27147/smart-money-quiz/ for some younger savers or spenders. This one told me I “resist impulse buys and wasteful spending”, but I need to have fun too. Sounds like I’m a money Grinch.
Have fun with these quizzes and let me know your results!