Tuesday, July 22, 2008

Take the Bills IQ Test

I just took the Bills IQ test. I didn't get a very good score. My overall score was a 63%, which is actually a D. I guess I need some help to become more financially fit.

To take the test you answer various questions about how you pay your bills and how much debt you have, etc. After they give you suggestions on how to get Debt help. What I learned about by taking the Bills IQ test is that I need to consider Debt consolidation. By paying off high interest credit cards first I could be closer to achieving Debt relief.

I also learned that I really should have some sort of plan with my finances. I guess a "mental" plan isn't enough. I should have a budget and be more in control of my financial future.

Right now things are a little tight around my house for money, but eventually I would like to save 10% of our take home pay. Bills IQ made me think about saving for the future, both towards my kids college fund, and my husband's and my retirement.

Bills IQ really had some great suggestions on how to turn around my miserable score of 63%! If you want to become financially fit and see how you score on the Bills IQ test head over to their website and see for yourself!
Sponsored by Bills.com