Most readers who frequent personal finance blogs/websites must have read about a lot of financial advice by now - some of which is almost repeated to the point of boredom. However, I am not sure if everyone processes all the information they get from such resources - even after reading it several times.
Often, we read about something good, but then we procrastinate, and later, completely forget about it. For those of us who are in a habit of doing this, here is a quick wake-up call.
It comes in the form of a poll with 20 affirmative statements that could be expected of a person who is in decent control of his/her financial situation. See if you can give a resounding “YES” to all the questions. Most of the questions are based on topics that are generally covered (or should I say “ruminated”) on many financial websites.
If you cannot say YES with confidence, don’t despair… at least you will know what you need to work on. Also, you will better appreciate the fact that there is always some financial advice that needs to be repeated over and over again.
The poll results are set to appear in the ascending order of number of votes - that way, hopefully, we will also figure out where people have the most problems when it comes to finances.
By the way, a good personal finance course would have most of the stuff above labeled as “Personal Finance 101″ - so it’s not really rocket science.
Feel free to suggest additions to these statements and/or provide additional explanation to your answers.
[Note: this is the first time I am using this particular poll plugin - if things appear broken, it means I messed up - please shoot me an email and I will look into it]