What's Your Spending Style?

2. Your favorite clothing store is having a one-day sale. What do you do?

• I buy one or two items I've had my eye on.
• I buy as many things as I can get my hands on! It's a sale!
• Why would I buy new clothes when my old ones - from 10 years ago - still look fine?

3. What's your attitude toward saving for retirement?

• I pinch every penny and think only of the future.
• I contribute regularly to a retirement plan, such as a 401(k) or a Roth IRA.
• Why save for retirement? I could die tomorrow.

4. Which most closely describes your approach to making a major purchase, such as a new car or television?

• I'll go to the ends of the earth to find the best deal on anything. Price is the most important consideration.
• I'll buy quality, but only if the price is right. I'll spend some time researching brands and shopping for a good deal.
• I want the best - cost be darned!

5. You find yourself out for drinks after work. Which is more likely to be your attitude?

• I'll buy a round.
• Drinks are on me!
• I'll just buy a ginger ale and nurse it all night.

6. Do you carry a credit card balance?

• I use a credit card, but typically pay my balance in full each month.
• I don't even have a credit card.
• I have multiple credit cards, all with some outstanding balance.

7. Do you have a set monthly budget for different categories like bills, shopping, and entertainment expenses?

• I've got my expenses planned out to the penny.
• It's not hard and fast, but generally I have a spending plan each month.
• I don't have a clue what I'm spending my money on.

8. How many recurring fees do you pay each month - for things like cable television, Netflix, and DSL?

• None! Those things are money drains.
• A couple, but they're comfortably within my budget.
• Well, there's the gym, and TiVo, and my "Bacon of the Month Club" membership, and...