What is your money mindset?

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You try to figure out what they are up to. You don't trust financial people.You are proud of your ability to save and you are not interested in taking any degree of risk.You spend the appointment explaining all the reasons why you have not started saving for your future.You talk about your dreams and goals in detail and how excited you are to invest to grow your wealth.You ask all the questions. You would not tell someone you just met your financial details in the first appointment.You are happy to discuss your assets and your ability to manage them yourself. You will listen to a second opinion, but prefer the advisor talks about investments.You immediately trust them. You do not understand money and want someone else to deal with it.

Points

You evaluate every detail carefully, search online, compare prices and interrogate the sales people. You are not happy until they are not happy.You hate buying a car. They are depreciating assets and you hate debt. You will save for a car and spend less than you saved.You only live once and you want the car that makes you happiest. You will make your finances work around it.You know you will be doing well in the next few years, so you will lease a nicer car than you would buy. When the lease is up, your income will allow you to buy a nicer car.You go everywhere and check out all the options - including the cars outside of your budget. When you are ready you will make a decision. No one can rush you.You want to purchase a car that aligns with the image you have for success. If you are doing well, you want others to know.If you can avoid making the decision and have someone else do it, you would. You rely on your spouse and the sales person for the best choice.

Points

If you decide to work with a realtor, you will do your research. No detail is unimportant. You will firmly stick to your price and walk away from an uncooperative seller.You save until you have a large down payment. You worry more about the length of the mortgage than the features of the home. You will do anything to pay off the house.You pick the house you want and check the price afterwards. Your home is an investment and you want the best choice now. You will work out the details as they come.Go after your dream home. You will get the maximum you qualify for and borrow money to get the down payment if you need.You just want a house. You do not care about how fancy it is. Having a nice life is more important than a nice house.You want the nicest house on the block. You can afford it and you want curb appeal.Location is important, but financial details are not your area of expertise. You will agree with what your spouse or banker tells you to do.

Points

You make a decision based on fact and math. You will never pay more than you have to.You want a fixed rate so it is predictable. You will try to reduce costs elsewhere.You will take whatever you qualify for. You don't care about how long it takes to pay off the house - as long as the payments are lower.You will take a mortgage higher that you qualify for. If you get approved, it must be because you can afford it.You like the idea of a fixed rate, but you will consider a variable rate. You don't want to deal with multiple people, so you would rather work with a broker.You make a lot of money and rates don't matter as long as it's within normal ranges. You make enough money to pay it off whenever you want.You do not look at the mortgage documents. You have the banker or your partner do it. You don't feel like you are the best person to make those decisions.

Points

I don't make mistakes.It happened once and now you don't take financial risks.Mistakes are good to make. Sometimes it's not your fault, so was it even a mistake?Learn from the mistake and don't let it stop you from trying to achieve your goals.Tell no one. Get over it. Never confide in anyone about the mistake.Sue whomever you believe was responsible. You are not stupid, so you were probably tricked into it.Feel stupid, but validated that you should not be responsible for important financial decisions.

Points

You take no one's advice. You hate fees and prefer to make your own decisions.You don't invest. You save. You don't want the risk of losing any money.You have a pension and group benefits. You don't feel the need for investments.You take all the risks and shoot for the moon. You prefer real estate.You try to make independent decisions even if it means getting advice from one person and buying the products somewhere else. You don't want someone knowing everything you have.You make a lot of money, so you invest large sums of money. You would rather invest than pay down debt.Do what you are told because you don't want to worry about it.

Points

Great tools to build credit and get points. You don't carry a balance but you are not afraid to use them.Horrible. You have them for purchasing parking or travel, but you pay it off right away.Wonderful. Without them, you would have made different decisions. You pay the bill whenever you can, but you are willing to carry a balance.For using. You will pay them off when you are making the big bucks, but for now, you will use them when you need them.To be kept to yourself. You will use them, but not in public. You don't want anyone making judgement about who you are based on the type of card you have.For flashing. Credit cards are a status symbol and you are on a mission to get the most exclusive credit cards offered.For someone else to worry about. You use automatic payments to cover the minimum balance or someone else is responsible for the bill.

Points

Happily tell them everything they should know. You would warn them from financial advisors and fees. You would share your stock picks.You would warn about the dangers in the market, tell them to be frugal, save money and share horror stories about bad financial experiences.You would ask why they were seeking your advice. You would console them and tell them it's not as bad as it seems.You would tell them to follow their dreams and be very encouraging. You would't give them specific ideas, but you would help motivate them.You would make suggestions but not share any personal details about yourself. If they kept asking, you would send them to the bank.You would talk about the firm you were with and who was handling your money. If it is a prestigious firm, you will make sure to mention that as well.You would think they lost their mind. You are not someone who should be giving any financial advice.

Points

Are controlled. You expect your family to keep eating out at a minimum. You keep this under controlThere is a budget. You buy groceries with cash and rarely eat outOff limits. You eat what you want and when you want. You will not compromise your health for money.Are all about enjoyment. You spend less on groceries and more on eating outAre low. You spend on the basics.Just are - you make a lot of money and do not pay attention to how much you spend on foodAre not just food. You do your grocery shopping, food shopping and clothing shopping at the same time. You feel like it save you time and money.

Points

Negotiable. If your child wants to do something, they better stick to it and not waste your money.Limited. You feel the it is important for the children to be active and engaged, but you are not willing to put your family's financial security at risk.Non-Negotiable. The kids must have all their activities even if it means delaying or postponing retirement.Very important. You want to encourage your children. If they want it, you will do it.Acceptable. If you have money left over you will support them, but you are not going into debt or refinancing your house to help them.Part of their social standing is to be involved in sports and activities. You want them to be successful and exposed to the right friends. You make a lot of money and you are willing to spend it to help your kids.A reason for you to chauffeur. You are more worried about getting them to their activities on time than who is paying and how much for their activities.

Points

Money Mindset Score

Score:

7-28 Polly Anna

29 - 35 Masquerader

36 - 42 The Under Cover Agent

43 - 49 The Dreamer

50 - 56 The Justifier

57 - 63 The Bunker

64 - 70 The Brick Wall