Image: Shutterstock
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.
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.
Do you trust others?
Depends on the person.
Nope.
Well, I am not distrusting.
I trust those I am close to.
Advertisement
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.
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.
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
Advertisement
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.
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.
What is your most difficult problem with money?
Making money.
Spending habits.
Having too much and being afraid to spend it.
Sharing it.
Advertisement
How would you determine an investing strategy?
I would guess.
I would read up on it.
I would hire someone.
I would take classes.
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.
Do you use direct deposit?
No, I manually deposit money.
Yes.
Yes, all money is used electronically.
I do, but my spouse doesn't.
Advertisement
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.
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.
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.
Advertisement
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.
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.
Is your spending indicative of your wealth?
Yep.
I wish.
No. People have no idea I have so much.
Probably.
Advertisement
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.
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.
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.
Advertisement
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.
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.
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.
Advertisement
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.
How will you open a checking account?
With my parents.
Online.
Probably online, but not sure.
I'll go into the bank.
Advertisement
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.
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...
Advertisement
You Got: