Financial Wellbeing Quiz

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Quiz Questions

1.
What's your current stress level about your money?
- A.
  I don’t stress about it at all
- B.
  I stress rarely
- C.
  I stress sometimes
- D.
  I stress often
- E.
  It’s my biggest stress
2.
How often do you think about your personal financial situation during a normal working day?
- A.
  Not at all
- B.
  Rarely
- C.
  Sometimes
- D.
  Often
- E.
  All the time
3.
Do you think your financial stress impacts your productivity at work?
- A.
  Not at all
- B.
  Rarely
- C.
  Sometimes
- D.
  Often
- E.
  All the time
4.
How do you feel about your money?
- A.
  I feel good about my money and I’m in control
- B.
  I feel okay about my money
- C.
  I am neutral or unsure about my money
- D.
  I feel bad or worried about money
- E.
  Money controls my life or keeps me awake at night
5.
How empowered are you to change the way you feel?
- A.
  I have the ability and skills to change (and the support)
- B.
  I know I can change but I just don’t know what to do
- C.
  I am neutral or unsure if I could change my situation
- D.
  I am limited by others or my environment to change things
- E.
  I have no control over my money situation
6.
Which statement describes your household income best?
- A.
  I know my exact income and source
- B.
  I have a good knowledge of my income
- C.
  I have some understanding of my income and where it comes from
- D.
  I am unsure of my income or its sources
- E.
  I have no idea of my income amount or sources
7.
Do you feel secure about your household income for the next...
- A.
  12months +
- B.
  6 months
- C.
  3 months
- D.
  1 month
- E.
  1 week
8.
Which statement describes your spending situation best?
- A.
  I know my exact spending and where it goes to each month
- B.
  I have a good knowledge of my spending and where it goes
- C.
  I have some understanding of my spending and where it goes
- D.
  I am unsure of my spending and where it goes to each month
- E.
  I have no idea of my spending and where it goes to each month
9.
Do you spend less than you earn?
- A.
  I am very confident I spend less than we earn and easily save money
- B.
  I am mostly confident, I often have money left over each month
- C.
  I am somewhat confident, the ins and outs are about even and I don’t need to use credit or my savings to get by
- D.
  I am not confident, I probably spend more than I earn because I rely on credit cards or draw from savings or use payment plans to get by
- E.
  I am not confident at all, I don’t even know how much I could be under
10.
Which statement describes your unexpected expenses situation best, such as three months of no income?
- A.
  I have more than three month’s income available (accessible or in a bank account)
- B.
  I have about three month’s income available
- C.
  I have some savings to cover me if there was three months of lost income, but I’m not sure how much there is
- D.
  I have a bit of money available for unexpected expenses but not enough to cover three months of lost income and would need to top up by borrowing from a friend/relative, use of a credit card, or redraw on a loan
- E.
  There’s no way I could make it through three months without income. I would need to borrow from a friend, take out a loan, or use a credit card for the whole amount
11.
Do you have goals and a pathway to acheive them in the next 1 - 5 years?
- A.
  Yes. I have a plan, action steps, and understand what my money needs to do to achieve those goals
- B.
  Kind of. I know what I want but haven't written it down or decided on next steps
- C.
  Slightly. I have a vague idea of what I want, but I am not aligned with my partner
- D.
  Not really. I live month to month, and the years pass quickly without thinking about my bigger goals
- E.
  No idea. I have not thought about how life could be different to what it is right now
12.
Read the statement and indicate how much you understand about credit cards by selecting the answer that best describes you. "I know exactly how credit cards work. I understand the fees and when they are charged. I am confident I can do calculations to forecast what these might be on credit card purchases."
- A.
  I understand all the things mentioned here.
- B.
  I have reasonable understanding.
- C.
  I have limited understanding.
- D.
  I have a little understanding.
- E.
  I have no understanding.
13.
Read the statement and indicate how much you understand about the home loan elements by selecting the answer that best describes you. "I know how interest is calculated and charged, and can forecast this. I know how repayments are distributed between principal and interest. I know how extra repayments work to reduce the loan term. I understand the difference in variable and fixed rates."
- A.
  I understand all the things mentioned here.
- B.
  I have reasonable understanding.
- C.
  I have limited understanding.
- D.
  I have a little understanding.
- E.
  I have no understanding.
14.
Read the statement and indicate how much you understand about the components by selecting the answer that best describes you. "I know what an offset account is and how it differs from a redraw account. If I have one, I optimise my offset account with my income and savings. I can easily calculate my home loan interest savings by using the offset account and know how much it will reduce my home loan."
- A.
  I understand all the things mentioned here.
- B.
  I have reasonable understanding.
- C.
  I have limited understanding.
- D.
  I have a little understanding.
- E.
  I have no understanding.
15.
Read the statement and indicate how much you understand about bank accounts by selecting the answer that best describes you. "I understand that different accounts can charge monthly fees, transaction fees, and ATM usage fees. I know what type of accounts I have, how much I am charged in fees, and when I am charged. I understand the different accounts can earn interest for savings and term deposits. I know what the terms and conditions are for the accounts I hold. I work to maximise the interest I earn on my accounts."
- A.
  I understand all the things mentioned here.
- B.
  I have reasonable understanding.
- C.
  I have limited understanding.
- D.
  I have a little understanding.
- E.
  I have no understanding.
16.
Read the statement and indicate your digital understanding by selecting the answer that best describes you. "I use internet banking and/or my bank phone app to manage my accounts. I can easily set up re-occurring transfers, pay bills and transfer money between accounts. I know my password and log in regularly with my phone or computer."
- A.
  I understand all the things mentioned here.
- B.
  I have reasonable understanding.
- C.
  I have limited understanding.
- D.
  I have a little understanding.
- E.
  I have no understanding.
17.
Read the statement and indicate your understanding of Payday Lenders by selecting the answer that best describes you. (eg. Afterpay, ZIPpay) "I know what Payday Lenders are. I know the terms and conditions of what fees I will be charged and when. I know how using this type of service will impact me if I apply for a loan from a bank."
- A.
  I understand all the things mentioned here.
- B.
  I have reasonable understanding.
- C.
  I have limited understanding.
- D.
  I have a little understanding.
- E.
  I have no understanding.
18.
Read the statement and indicate your understanding of a Credit Score by selecting the answer that best describes you. "I know what a Credit Score is. I know how to access it. I know what information is recorded on it. I understand how it impacts me if I apply for a loan from a bank. I know what things bring my credit score up and down. I know what my personal credit score currently is."
- A.
  I understand all the things mentioned here.
- B.
  I have reasonable understanding.
- C.
  I have limited understanding.
- D.
  I have a little understanding.
- E.
  I have no understanding.
19.
What is your gender?
- A.
  Male
- B.
  Female
- C.
  Non-binary
- D.
  Prefer not to respond
20.
What is your age range?
- A.
  Below 24
- B.
  25 - 34
- C.
  35 - 44
- D.
  45 - 54
- E.
  55 and over

Quiz Outcomes

1.
out of 90. Which is between 0 - 59%
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This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
2.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
3.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
4.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
5.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
6.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
7.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
8.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
9.
out of 90. Which is between 0 - 59%
Image Source
This is a great start! We find that people in this score range may have some things working for them and can feel okay about their financial situation. But there is so much still to be understood and so much growth possible.Did you know, based on data, 17% of Australians are not confident about their ability to hit a financial goal.Many Australians, particularly young people and women, find dealing with money stressful and overwhelming.---THINGS YOU CAN DO NOW;1) Engage a financial expert. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us now on our website.2) Discover your Money Personality and understand the WHY behind your money habits. Take the Money Personality Quiz in our website Resources.3) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
10.
out of 90. Which is between 60 - 83%
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Great work, now you can see where to make small changes for big impact. It’s time for action. Being passive when it comes to your financial health can cost you in ways that are easily overlooked.It will feel good to get things moving again.Taking action is the key thing for you to maintain and strengthen your financial wellbeing.THINGS YOU CAN DO NOW;1) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.2) Visit our website and complete a free Values and Goals template because you’re 42% more likely to achieve a goal that has been written down.3) Engage a financial expert to understand the financial products you use. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us on our website.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
11.
out of 90. Which is between 60 - 83%
Image Source
Great work, now you can see where to make small changes for big impact. It’s time for action. Being passive when it comes to your financial health can cost you in ways that are easily overlooked.It will feel good to get things moving again.Taking action is the key thing for you to maintain and strengthen your financial wellbeing.THINGS YOU CAN DO NOW;1) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.2) Visit our website and complete a free Values and Goals template because you’re 42% more likely to achieve a goal that has been written down.3) Engage a financial expert to understand the financial products you use. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us on our website.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
12.
out of 90. Which is between 60 - 83%
Image Source
Great work, now you can see where to make small changes for big impact. It’s time for action. Being passive when it comes to your financial health can cost you in ways that are easily overlooked.It will feel good to get things moving again.Taking action is the key thing for you to maintain and strengthen your financial wellbeing.THINGS YOU CAN DO NOW;1) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.2) Visit our website and complete a free Values and Goals template because you’re 42% more likely to achieve a goal that has been written down.3) Engage a financial expert to understand the financial products you use. If you’ve already got someone on your team give them a call, or book a no-obligation free 20 minute call with us on our website.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education .We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
13.
out of 90. Which is between 84 - 100%
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Congratulations! You are already pretty money savvy! You’re in the perfect place to leverage all the hard work you’ve done so far. Just like maintaining anything you own, your finances need your regular attention, and there’s always room for growth and improvement. So, keep it up! Stay agile and flexible. Life throws curveballs sometimes.THINGS YOU CAN DO NOW;1) Visit our website and complete a free Values and Goals template because you’re 42% more likely to achieve a goal that has been written down.2) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.3) Get focused and align your spending with your goals, priorities, values and dreams.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
14.
out of 90. Which is between 84 - 100%
Image Source
Congratulations! You are already pretty money savvy! You’re in the perfect place to leverage all the hard work you’ve done so far. Just like maintaining anything you own, your finances need your regular attention, and there’s always room for growth and improvement. So, keep it up! Stay agile and flexible. Life throws curveballs sometimes.THINGS YOU CAN DO NOW;1) Visit our website and complete a free Values and Goals template because you’re 42% more likely to achieve a goal that has been written down.2) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.3) Get focused and align your spending with your goals, priorities, values and dreams.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
15.
out of 90. Which is between 84 - 100%
Image Source
Congratulations! You are already pretty money savvy! You’re in the perfect place to leverage all the hard work you’ve done so far. Just like maintaining anything you own, your finances need your regular attention, and there’s always room for growth and improvement. So, keep it up! Stay agile and flexible. Life throws curveballs sometimes.THINGS YOU CAN DO NOW;1) Visit our website and complete a free Values and Goals template because you’re 42% more likely to achieve a goal that has been written down.2) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.3) Get focused and align your spending with your goals, priorities, values and dreams.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.
16.
out of 90. Which is between 84 - 100%
Image Source
Congratulations! You are already pretty money savvy! You’re in the perfect place to leverage all the hard work you’ve done so far. Just like maintaining anything you own, your finances need your regular attention, and there’s always room for growth and improvement. So, keep it up! Stay agile and flexible. Life throws curveballs sometimes.THINGS YOU CAN DO NOW;1) Visit our website and complete a free Values and Goals template because you’re 42% more likely to achieve a goal that has been written down.2) Write out where your money is currently going including your income, expenses, spending, and debts. Visit our website to grab a free Spending Review Template in our Resources.3) Get focused and align your spending with your goals, priorities, values and dreams.---At The Money Collective we work with people to improve their financial wellbeing and support them to build their overall financial resilience and education.We want you to feel confident and be empowered when it comes to your money.We are all about practical steps and accountability to help you achieve your goals.CONNECT WITH US ON OUR WEBSITE.If you’re already working with our team, ask us about building your financial resilience and education today.---Learn more about who we are, what we do, and grab some free resources to help you on your money journey.

Financial Wellbeing Quiz

Understand your overall level of general financial wellbeing by exploring your resilience and education, so you can get started transforming your relationship with money.You will be asked to enter your email address to see the result.

Quiz Questions

Quiz Outcomes