Archived — You and Your Money (2)

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So How Do You Spend Your Money?

Complete the following questionnaire to learn more about your spending habits.
Your Financial Check-Up Yes No
1) Do you plan ahead and save for large expenditures?    
2) Are you planning so that you are not broke before you get your next paycheque?    
3) Do you think that you spend a reasonable amount of money on personal items (eating out, clothes, etc.)?    
4) Are most of your purchases needed?    
5) Are you self-supporting? Do you find yourself needing to borrow money from family or friends, getting a cash advance on a credit card or using a line of credit?    
6) Do you know how much money you spend monthly on food eaten away from home?    
7) Do you make it a habit to go to more than one store to compare prices and quality before deciding on a big purchase?    
8) Can you resist buying items you don't need even though they're on sale?    
9) Are you debt free?    
10) Do you know what your usual monthly expenses are?    
Source: Adapted from Making Your Money Count, Level 2, Manitoba Agriculture. Used with permission.

If you answered "No" to any of the questions in the above questionnaire, it may be time to start taking steps to managing your money more wisely.