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Quiz: What Kind of Saver Are You?

What's your savings plan?

A) I deposit extra money from my cash budget every month into a savings account
B) I have automated withdrawals for savings set up otherwise I'd spend the money
C) My plan is stuck on "spend!"

What best describes how you save when you have to spend?

A) I always look for sales and discounts and never shop without a budget in mind
B) I buy things when I need them and make sure to stay out of debt
C) I often don't know where the money goes

When it comes to saving with my banking...

A) I scour my statements (credit cards, debit cards, checking, savings, etc.) for fees every month and call to get any waved
B) I look at my statements every so often to make sure there are no strange charges
C) I rarely look at my banking statements

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Type A: A dime couldn't leave your home without a search mission. You're in total control of your money and everyone could learn from you. Just try to loosen up once a month or so and spend a bit on something small you enjoy or save up for something bigger, like a vacation. Remember, we work hard to not only make money, but to live!

Type B: You pay attention but maybe could pay a little more. Shop with more of a mind toward saving a few bucks here or there--you can finance your next vacation with all the money you can save between budgeting out shopping trips, searching for sales and nixing banking fees. Give yourself the motivation (a goal) and super-savings will be yours!

Type C: You're like a money faucet on full blast! Your hard-earned dollars are pouring out and through your fingers. Know why you're unable to save and fix that leak. Is it that you're too wrapped up in today and not enough in what-about-tomorrow? Think about what you want from your money (a future? security?) and then make it work for you. Sign up for automated saving withdrawals and pull together every receipt and credit card and banking statement for one month. Tally up every total and find out where your money is going--then, you can plug that leak and get out from underwater.