Comments on: Are You Financially Stable? Take This Test.

By: RealMoney

RealMoney — Fri, 14 Aug 2015 12:41:12 +0000

Fun quiz. Depending on mood, I can get 20 or deduct 5 (am hard on myself).

I married late, and most of that -5 I would ascribe to “what to do if something crazy happens to her”. But she is a high net-worth individual, while I’m squarely in the solid category. On my own, I don’t have any concerns.

So I’m always aiming to get her covered in some way. Like life insurance, and spare emergency funds. But this doesn’t keep me from doing what I do to save for the future.

By: caleb

caleb — Thu, 13 Aug 2015 19:57:13 +0000

In reply to Jayson. It can absolutely be advantageous. I always felt like I was living in fear of something happening that was going to 'break the bank'. Now that we are prepared, we know that we can handle any emergency situation or something unexpected.

By: J. Money

J. Money — Wed, 29 Jul 2015 14:22:00 +0000

In reply to Laura Harris. Oh wow - that IS incredible! You guys set yourself up nicely over there for this change in employment. Hope those commissions only rise over the years! :)

By: J. Money

J. Money — Wed, 29 Jul 2015 14:18:08 +0000

In reply to Justin. Haha... thank goodness there's someone there to represent that precious money! :)

By: Cathy

Cathy — Wed, 29 Jul 2015 12:36:27 +0000

In reply to J. Money. Ah, that makes sense! So they weren't asking about the zombie apocalypse then :)

By: Jayson

Jayson — Wed, 29 Jul 2015 08:24:21 +0000

Most of my answers are also YES! It means I am somehow stable as well. One that got an answer NO is the “You have a plan for the unexpected.” This is what I and my wife are working on as we know being prepared can mean something very advantageous in our case.

By: Laura Harris

Laura Harris — Tue, 28 Jul 2015 21:09:36 +0000

I earned a 14, which is really great for us. My husband started a 100% commission-based job this year, which has a history of earning less than $35,000 its first year. For a family of four to be living debt-free on $35,000, not totally behind or panicking at every mistake is truly a blessing. Can’t wait til we’re a 20!

By: Justin

Justin — Tue, 28 Jul 2015 18:51:22 +0000

19. My wife and kids not as frugal as me. I tell them I shop at Walmart so that they can shop at high end stores

By: J. Money

J. Money — Tue, 28 Jul 2015 17:56:58 +0000

In reply to steveark.

Interesting insight, steveark. I hadn’t thought about the “hard to say not to high paycheck” part when you’re probably at your peak during those years. I catch myself saying “yes” to projects I don’t want to do myself just cuz I can’t get over how much it pays, haha… Hell. I won’t even write a blog post for anyone for under $500 which is ridiculous! There was a time I’d gladly accept $5.00 :)

By: J. Money

J. Money — Tue, 28 Jul 2015 17:55:13 +0000

In reply to Mrs. Crackin’ the Whip.

Haha… that would actually make a great tagline for a blog – “The Cosmopolitan For Money”