Money

Money Personality Quiz

Take this test to see how you measure up with your money!

Get a pencil and add up your scores as you go along.

1. It’s the start of term and your student loan has just arrived. What do you first?
   (a) Pay your rent (score 2)
   (b) Shop ‘til you drop: just want to spend! (score 4)
   (c) Work out what you have to spend out on essentials during the term (score 1)
   (d) Enjoy the first couple of weeks of term, worry about the budget later. (score 3)


2. You’re having a bad week, how would a shopping trip change your mood?
   (a) You feel *so* much better for a shop (score 4)
   (b) Shopping isn’t something that would cheer you up so you wouldn’t go (score 1)
   (c) Shopping takes your mind off your problems for a while (score 3)
   (d) You needed to go shopping anyway and it might make you feel better (score 2)


3. How often do you borrow money from friends or family?
   (a) You are the person who lends them money! (score 1)
   (b) Never (score 2)
   (c) Only for the odd emergency (score 3)
   (d) This how to you manage and you’re not sure how much you owe and to whom (score 4)


4. What is your attitude towards credit cards?
   (a) I use them every month and rarely pay off the balance (score 4)
   (b) I never use them (score 1)
   (c) I use them if I need to and try to clear the balance each month (score 2)
   (d) I use them more than I’d like to (score 3)


5. When buying a mobile phone, what would you consider?
   (a) You would only go for a contract phone so that you can get the latest model (score 4)
   (b) You would go for Pay As You Go to keep on top of your spending (score 1)
   (c) You go for the cheapest call charges (score 2)
   (d) You choose a contract with a good bundle of texts (score 3)


6. Thinking about food shopping, do you:
   (a) See things and buy them as you go (score 3)
   (b) Plan your meals, make a list and stick to it in the supermarket? (score 1)
   (c) Make a list but allow extras to treat yourself (score 2)
   (d) Stick to ready meals and easy to cook items (score 4)


7. Your group of friends are all short of cash but decide to do something together one evening. Do you:
   (a) End up having a big night in town; everyone has money problems so one more night won’t make a difference? (score 4)
   (b) Decide to have a cheaper night out, and head off to the students’ union? (score 3)
   (c) Have a DVD night in where everyone brings something to eat? (score 1)
   (d) Have a night in and get a take away? (score 2)


8. How would you describe your attitude to money?
   (a) As soon as you finish Uni you’ll be able to make your millions! (score 1)
   (b) Don’t worry about it and spend as you go (score 3)
   (c) You always have what you want regardless of the price (score 4)
   (d) Plan what you need to spend, stick to your budget and save where you can (score 2)

Did you score mostly 1, 2, 3 or 4? Check the answers below to see which money personality you have.

Mostly 1
You are money focussed and are in control rather than it controlling you. You have good habits but need to remember money isn’t everything!

Mostly 2
You take budgeting seriously but sometimes worry about how to manage unexpected costs. You are doing a good job at managing your money so try to encourage others around you to do the same.

Mostly 3
You sometimes worry about money but continue to spend while you’re in the moment. You need to think more about the future and would benefit from some basic budgeting tips.

Mostly 4
You know deep down your finances are causing you problems. You are living beyond your means which is likely to end up in problem debts. You need to take control and get a handle on your money!

For help, advice and support about your money

Contact the Student Advice Centre on tel: 0113 380 1290 or email: advice@luu.leeds.ac.uk.