What does my score mean?
1 – 1.5
Money management is a bit foreign to you…and that’s OK! It’s not your fault, but it is still your responsibility. Although you’re foggy on how to spend and save money, you’re ready to learn. Unexpected bills (like the car breaking down) would cause undo stress on your bank account. You might be just surviving. It’s time to gain control and learn how to make your situation better!
2 – 3
You’re a survivor~getting by one day at a time financially or living paycheck to paycheck. You decide how and when to spend your money based on the all-telling “how much is in my bank account” thermometer. You’re okay today…but what about tomorrow? It’s time to gain control and learn how to make your situation better!
3.5 – 4
You know how to manage your money. Although you’re not perfect, you get by with what you do know. Unexpected expenses usually deal a blow to the bank account. You DO have money left over in your bank account after payday, and that feels darn good. You are eager to improve upon your situation with some sound advice and implementation.
4.5 – 5.5
You’re one smart cookie when it comes to your money. You’ve made wise decisions in the past when it comes to saving, spending and living. You are well-ahead of others and have prepared yourself quite well for the future. You’re on a great path and want to continue to make sound financial decisions.
6 – 7
Money baller! That’s you…highly skilled at managing your money. Friends and family turn to you for advice. You know exactly how to earn, save and spend your money. You are prepared for almost anything life throws at you; expected or unexpected. Congratulations on your success. You got this!