How Financially Fit are You ?

Are you doing a good job of managing your money? or do you spend more than you make? to see how financially fit you are take this financial fitness test. Just answer yes or no to the following questions:

• Do you usually pay your bills late?
• Are you using more and more of your income to pay off debts?
• Are you paying your bills with money you had set aside for other things?
• Are you paying only the minimum on loans and credit card balances?
• Are you at or over the credit limit on your credit cards?
• Are you borrowing money or using credit cards on things you normally would have used cash for?
• Are you using your savings to pay bills?
• Have you been called by a collection agency concerning overdue bills?
• Have you put off going to the dentist or buying prescriptions because you couldn't afford them?
• If you or your spouse lost your job, would you be in financial trouble immediately?
• Are you uncertain about exactly how much money you owe?

Total the number of "yes" answers to determine how financially fit you are.

0: You are the picture of financial health.

1-2: You are in good shape but keep an eye on your budget and priorities.

3-6: You could be headed for financial trouble.

7+: WAKE UP! you are likely in financial trouble and need to get help.