Test your financial fitness!

Do you prefer to save or spend your money? Why not try our quiz to test your financial fitness.

The quiz aims to get you thinking about your current spending and saving habits and offers friendly guidance to help you improve your finances.

Q1: Without checking, do you know roughly how much is in your current account at the moment?

Yes

You don’t have to be glued to your statements, but keeping an eye on your account balance can help guide your spending decisions and ensure you keep track of your progress towards a savings goal. It will help you avoid drifting into your overdraft and give you confidence to spend what you can afford.

Q2: Do you budget?

Yes

Having a budget and sticking to it is great. Consider a Budget Planner like this one to help you understand what comes in and what goes out of your account, so that you can set some new rules and kick start your savings habit.

Q3: Would you be able to replace your phone or laptop if it broke?

Yes

Hopefully, you won’t need to dip into your rainy day fund very often, but we’ve all been there when an unexpected cost, such as fixing a broken phone or laptop, spoils our plans. Building a savings pot over time gives you peace of mind that you can handle life’s financial hurdles with less stress.

Q4: Have you ever set a monthly savings target?

Yes

Day in and day out, having defined targets can help motivate savings habits. It’s also helpful to build a picture of what you’re saving for, whether it’s a holiday, clothes, or better financial fitness.

Q5: Do you stop and think before spending money?

Yes

While casual spending habits often feel good ‘in the moment’, managing these habits is key. You can treat yourself to nice things, but remember not to spend too freely in between checking your balance and catching up on your budgeting progress.

Q6: Do you always shop around for the best rates and prices?

Yes

We all want to get the most value out of our hard-earned money and make our pounds and pennies stretch further. It’s great to find small savings on things like your groceries or bills, but the bigger the purchase that you’re facing, the bigger the potential savings by comparing prices and shopping around.

Q7: Do you typically have any money left over at the end of the month?

Yes

If you have cash left over at the end of the month, putting this money away into savings can be a great way to build your savings pot further, and help you to reach your savings goals even more quickly. It’s a great feeling when we see some pounds left over in our accounts at the end of the month, but it can be all too tempting to treat that money as an opportunity to spend.

Q8: Do you save regularly?

Yes

It's quite tricky to save if money is tight, but if you can tuck away a little bit, and regularly, saving soon becomes a habit. Your savings are your safety net, so learn more about what type of saving account may work best for you.

Now add up how many questions you answered 'Yes' to and view your results.

View your results

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Back of the couch to financially fit

Now’s a fantastic time to start work on your financial fitness!

Test your financial fitness!

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