Weichert, Realtors
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Financial I.Q. Test Analysis Results!
Analysis
Score: 0-35 – More Budgeting Required
If you have a budget at all, you’d probably agree that it’s not particularly effective. You might manage your expenses on the fly each month, and although it may work for now, there may come a time when some unexpected expenses will railroad you – or you may simply not realize that you could do more with the money you have. A little more attention to what you spend could be enlightening.
Score: 36-70 — Getting There
You probably make an attempt to budget, but it’s not quite effective, and you may not even realize why or where you’re going wrong. Don’t be too hard on yourself; budgeting requires a lot of discipline, tenacity, and attention to detail. This isn’t easy for everybody. Check out some of the resources below to improve your technique.
Score: 71-100 – Budget Master
Although there’s always room for improvement, you’ve got a system that largely works for you. Take a look at the questions you answered “not sure” or “no” to, and see where you can improve. But for the most part give yourself a pat on the back – you are in the minority of people who have – and stick to – an effective budget. Congratulations!
Resource: This Analysis and Test came from www.Wisebread.com!
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