Quiz

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Answer 8 Questions About Your Money Habits And We'll Give You A Budgeting Tip

Take This 8 Question Money Quiz For A Budgeting Tip

Answer 8 Questions About Your Money Habits And We&#x27;ll Give You A Budgeting Tip

Which of these statements do you relate to?

How do you manage your monthly income and expenses?

If you won $1,000 tomorrow, what would you do with it?

What is your biggest money-management strength?

Which of these situations annoys you the most?

Finally, where do you look for financial information or advice?

If you haven't already, try tracking your spending for a few weeks or months to get a clearer picture of where your money goes. You can set up a spreadsheet and track it by hand or download an app that sorts your transactions automatically. Looking at your spending in this way can be really eye-opening.

Try tracking your spending

Make taking care of your money part of your routine by setting aside some time on a weekly or monthly basis to look over your accounts and see how you're progressing on your money goals. You can also use this time to learn more about finance by reading up on topics that interest you or listening to financial podcasts.

Set a regular money date

When it comes to money management, our habits and everyday actions really do add up over time. Luckily, automation gives us a shortcut to building habits by allowing us to set up deposits to our savings or automatically pay certain bills. Using automation can free you up to focus on other things while keeping your finances consistent.

Try automating your finances

Saving for the future is important, but it's also important to enjoy your life right now. If you aren't already, try budgeting for some fun money to spend just on things that make you happy. Whether it's a coffeeshop latte, a book you've been wanting to read, or an adventure with a friend, earmark those funds and spend them guilt-free. You deserve it.

Budget for fun stuff too

The thing about personal finance is, it's, well...personal. The advice that you see on social media and elsewhere might not really apply to your unique situation, but getting some one-on-one time with a financial planner means you'll get money tips that are tailored to your needs. To make an appointment, see if there are nonprofits or other organizations offering these services near you.

Talk to a pro

You sound like you have a pretty good financial foundation, so why not share the wealth? Strike up a conversation about money management with your friends, and share how you do things and why it works for you. By being more open about money, you could really help someone out, and you just might learn something too.

Share your money knowledge

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Answer 8 Questions About Your Money Habits And We'll Give You A Budgeting Tip

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