Consumer Measures
Committee
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You and Your Money (2)
So How Do You Spend Your Money?
| 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? |
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.
