Money Quiz

[Denny]

You scored 100%!

Age 28.

I can only assume that slow99 scored a 1500. lol.

No, the questions ask him!

[Tx Redneck]

I gots uh hunnerd.

Shush lush!

[juiceweezl]

I gots uh hunnerd.

Nice! It amazes me that people would miss more than 1 question. I don't consider myself a financial genius/planner extraordinaire at all, but I try to think of everything. I've got tons of life insurance on myself, my wife, and both of my kids (investments for them rather than policies that I hope to never use). I try to keep multiple retirement accounts active and follow mortgages to keep my rental property in line as well as our current home. I guess it boils down to wanting to know that I have some security for the future and also want to get the most for my buck along the way.

[racrguy]

28 (29 next month) 100% I have a 401k, but I suck with money, see sig for reasoning.

[Denny]

Nice! It amazes me that people would miss more than 1 question. I don't consider myself a financial genius/planner extraordinaire at all, but I try to think of everything. I've got tons of life insurance on myself, my wife, and both of my kids (investments for them rather than policies that I hope to never use). I try to keep multiple retirement accounts active and follow mortgages to keep my rental property in line as well as our current home. I guess it boils down to wanting to know that I have some security for the future and also want to get the most for my buck along the way.

There are so many people older than us that don't have one dime saved for the future. I'm around people in their 50s that have worked out in Iraq since day one and don't have any money saved and nothing to show. Un-freaking-believable.

28 (29 next month) 100% I have a 401k, but I suck with money, see sig for reasoning.

I would have to disagree. You're doing more with your money that YOU want to do than most. Most people spend beyond their means on things they think they want, yet end up miserable and in debt. Now, if you had a family, I'd side with your rationale a little more (just a little).

[racrguy]

I would have to disagree. You're doing more with your money that YOU want to do than most. Most people spend beyond their means on things they think they want, yet end up miserable and in debt. Now, if you had a family, I'd side with your rationale a little more (just a little).

I'm picking up what you're putting down, but if I get hurt or lose my job for more than a month or so, I'm fucked. But I am working on fixing that issue. One hard fast rule that I've always stood by is to NEVER have a credit card. I have expensive hobbies and impulse issues concerning said hobbies. If I were to get some plastic I'd have it maxed out in no time, I'm afraid.

[fordracing19]

31-100%

[91CoupeMike]

20 80%

[Denny]

I'm picking up what you're putting down, but if I get hurt or lose my job for more than a month or so, I'm fucked. But I am working on fixing that issue. One hard fast rule that I've always stood by is to NEVER have a credit card. I have expensive hobbies and impulse issues concerning said hobbies. If I were to get some plastic I'd have it maxed out in no time, I'm afraid.

Same here. As soon as I stop this global travel on a regular basis, my one credit card is gone. I can control it while I'm out here, but at home it gets nuts. LOL

[FATHERFORD]

27 - 100%

[Sean88gt]

100% 34.

[Denny]

100% 34.

Because you looked at my answers.

[Fastlane]

39 and 100%

[BigTitan21]

29 You scored 90%!

[GrayStangGT]

Yep, you're statistically far more likely to sustain a work-ending injury than a life-ending injury.

And if your halfway decent with your money there is no reason for life insurance if you don't have kids or a wife. If I kicked the bucket today nobody would be out a dime, there is enough in my savings to cover a funeral, only debt is my house and truck both of which are worth more than whats owed and the camaro and mustang are paid for.