Siddhesh Jain 
If you want to know where you’ll be in ten years, use this basic finance quiz to figure out if you’re a mansion or a dumpster kind of guy!
We live in a world where everything is getting more expensive and fewer people are able to do things that were once taken for granted, such as buy a house.
In order to get ahead and live a comfortable life you should have, at the very least, a basic understanding of finance.
Luckily for you we’ve made this quiz, so now you can figure out whether you have work to do or if you’re a smarty-pants already!
Let’s begin!
- Question of
Hooray! You just inherited a fortune from that aunt you never heard of! Do you…
- Invest most of it
- Buy a house
- Buy a speedboat
- Casino, here I come!
- Question of
You’ve gone and got yourself some hefty credit card debt. What do you do each month?
- Pay off as much as I possibly can
- Pay off more than the recommended amount
- Pay off the recommended amount
- They’ll never catch me!
- Question of
Are you putting aside money for retirement?
- Yes, a lot and regularly
- Yes, some
- Not as much as I’d like
- I have nothing
- Question of
You have $1000 in savings, and earn 2.5% annual interest. How much do you have after 5 years?
- $1076.89
- $1065.36
- $1047.66
- $1025.25
- Question of
Which of these is most important to you?
- Saving for my future
- My credit card rating
- Getting out of debt
- Partying!
- Question of
Your laptop is looking a little dated. You…
- Wait until it’s completely bust. No point wasting money!
- Wait until I save a little money for it
- Get a new one and set up a payment plan I can afford
- Get a new one ASAP even if I have to borrow for it
- Question of
Your friends invite you on a night out, but you’re low on money. What do you do?
- Stay home. Got to be responsible!
- Let them talk you into it, you can have fun without spending lots!
- Go! Borrow some from a pal
- Go! put it on your credit card!
- Question of
It’s taxes time. What do you do?
- I do them! It’s easy
- Struggle, but manage
- Pay someone else to sort it out
- Cry
- Question of
Do you set a monthly budget?
- Always, and stick to it!
- Always, though I often go over
- Not usually, and when I do it’s very loose
- What’s the point?
- Question of
Do you always pay your bills on time?
- Sure do!
- I’ve fallen behind once or twice
- I’ve fallen behind quite a few times
- Let’s not talk about that…
