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About This Quiz
Who would have ever thought opening a checking account could have so many options? All the gifts aside, a checking account can either help you build a nest egg or save you from wasting money. Factors such as income, age and how you spend your money all play a role in which checking account is right for you. Take this quiz and find out which kind of account you should open.
What non-essentials are you likely to spend money on?
Hanging out with friends.
Restaurants.
Investing.
Books or movies.
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How would you likely invest extra money?
Vintage "Star Wars" items.
My buddy's new business.
A mixed portfolio.
Depends on what my spouse says.
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Do you trust others?
Depends on the person.
Nope.
Well, I am not distrusting.
I trust those I am close to.
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How well do you budget your money?
Budget. Hmmm, yeah, I'll get right on that.
I cringe and pray every time I swipe my card.
I follow a strict budget.
I try, but I am not perfect.
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Are you open about how you spend your money?
When I need to borrow money I am.
Sometimes when my spending habits are funny.
I am financially private.
Yes, with my spouse.
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What type of balance do you usually keep in your checking account?
Less than $100
$100 to $500
Over $2,500
Always over $10,000
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What do you think of when someone brings up money?
I wish I had more.
I'd better not spend more.
Oh! I love my portfolio.
I hope my wife doesn't see that I went to Dunkin' Donuts for lunch today.
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What is one money topic you wish you knew more about?
What kind of checking account I should open.
How to budget.
How to invest wisely.
How to talk about money with my partner.
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What is your most difficult problem with money?
Making money.
Spending habits.
Having too much and being afraid to spend it.
Sharing it.
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How would you determine an investing strategy?
I would guess.
I would read up on it.
I would hire someone.
I would take classes.
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What is most important to you in choosing a checking account?
Not spending money to have an account.
That the overdraft protection doesn't cost much.
Making money off the account.
That it has easy mobile use.
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Do you use direct deposit?
No, I manually deposit money.
Yes.
Yes, all money is used electronically.
I do, but my spouse doesn't.
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How many checks do you write in a month?
Three to five.
One for rent.
Checks?
I might write a check a couple times a year.
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How are you most likely to spend money in your account?
I withdrawal cash from a teller.
I use an ATM.
My bank card.
I get cash back from stores whenever I can; otherwise I use a card.
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If you have a checking account minimum, do you think you can keep the minimum balance every month?
No way.
Most of the time.
Always.
Me, no? My spouse probably would though.
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If you really want something but know it will overdraft you, what do you do?
Borrow money.
Buy it anyway.
Go home and evaluate how much I should put aside to buy the item over the next few paychecks.
Nothing. My spouse would kill me.
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What is your financial outlook?
I've got time - I think.
If now is an indicator, I'm in trouble.
It looks great.
I think I'll be fine.
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Is your spending indicative of your wealth?
Yep.
I wish.
No. People have no idea I have so much.
Probably.
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You're at dinner and no one is grabbing the bill. What do you do?
Go to the bathroom, hoping someone pays for the meal I don't have money for.
Grab the bill, acting like a big shot, while I secretly cry inside.
Start up a conversation with someone and pretend I didn't see the bill come. No one makes money by spending money.
Start dividing the bill and pay my share.
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When the economy tanks, are you affected?
Nah, I don't have anything anyway.
Only if I lose my job.
Yeah, but that's also time to buy.
Yep.
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How do you decide on a bank?
I go to the closest one.
I choose the bank my parents use.
I do a lot of research.
No idea. I've been at this bank forever.
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How do you pay your bills?
I don't.
I pay them online and often late.
I use my bank's bill pay.
I let my spouse handle it.
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Have you ever been surprised by how much money is or isn't in your account?
Every time I look.
Nothing surprises me anymore.
No. I'm on top of that stuff.
Sometimes, but I'm usually in the ballpark.
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What is the first thing you can do to get a grasp on your money?
Start a budget.
Pay off my bills first.
Nothing. I'm good to go.
Learn more about my spending habits.
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What kind of home do you live in?
A dorm room.
A studio or one-bedroom apartment.
I own a small home or condo.
I own a larger home.
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How will you open a checking account?
With my parents.
Online.
Probably online, but not sure.
I'll go into the bank.
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Do you use your past spending to improve future spending?
Umm, how would I do that?
I've thought about it.
Religiously.
I glance at past spending, but more for curiosity.
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How do you carry cash?
In a worn wallet.
Balled up in one of my pockets.
In the bank.
My cash is all over the place - pants pockets, drawers, countertops, etc...
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You Got: