What is your Bills IQ?
This is a pretty cool site. I stopped by to check it out after someone sent me an email telling me about it so I figured I would share it. You can go over to Bills IQ and see if you are "financially fit" or not. Yeah, I know it's not quite that easy and there are a lot of different ways to look at how your finances are doing. I scored a B+ on their quiz myself. I am saving more than 10% of my wages for retirement, saving for my kid's college, know my credit score and generally try to pay off my highest interest debt first. The reason it's a B+ instead of an "A"? That's because like quite a few Americans I carry more than my share of debt and credit cards. I know it's not a good thing and my balances are higher than I would like them to be as well. The biggest thing that worries me of course is the fact that I don't have a big enough backup fund available should there be an emergency.
I will have most of the credit cards paid off this year and then start trying to save a bit extra. I could have already done it but we chose to spend a bit extra on vacations this year instead. Yeah, bad decisions but it's one of those things. Work hard, play hard.
If you don't know what your budgets are or what your credit score is, get your tail on over to Bills IQ and get some information. If you are familiar with your finances and know where your retirement is going then you still might want to check it out and see what your score is.
11
I don't need a website to tell me that we're broke. Nevertheless, I took it to confirm that we're screwed.
That's me. I know the feeling Kate.