What Kind of Money Saver Are You? Take a Test and Find Out!
Updated: May 12
Let’s be frank: saving money would be a lot easier if we all had the same money habits. However, people have vastly different views and approaches to personal finance and budgeting – which makes it difficult to make the most out of the advice we receive and the experiences others share. What works brilliantly for one might be completely unattainable for another!
Do you personally know what kind of money saver you are? Do you consider yourself to be a money-saving expert, or do you struggle with keeping money from flying out of your pocket every month? The Honeygain team has prepared a simple test for you to discover your money saver personality and help you make better financial decisions in the future!
1. What did you do when you were given a handful of candy as a kid?
a) Eat them all at once
b) Eat one and save the rest for later
c) Put them away for when I get a craving
d) Exchange some with other kids to get more of my favourite kind
2. Do you prefer shopping online or in physical stores?
a) In physical stores – it’s an experience!
b) Online – it’s easier to compare prices and find deals
c) In physical stores – I tend to spend less when I need to plan a trip
d) Online – I can track price changes in time and make the best decisions
3. What would you consider to be the perfect first date?
a) An unforgettable experience – let’s say, skydiving!
b) A dinner that is both a treat and a great chance to talk
c) Getting to know each other on a long walk
d) Working together to solve the clues in an Escape Room
4. You notice a banner online advertising a great deal on smartwatches. You weren’t planning to get one, but you always fancied the idea. What do you do?
a) Of course, I get one – a great deal is not to be missed!
b) Check my finances and see whether I can afford it right now
c) It’s out of the question – I don’t even click on the banner
d) Research prices elsewhere and see whether it’s worth investing
5. You find a $20 bill in a jacket you haven’t worn for a while. What do you do with it?
a) Treat myself to a yummy takeaway dinner
b) Put it away for the night-out I have planned on Friday
c) Stuff it into my money-saving piggy bank
d) Invest it in the cryptocurrency market
6. How do you go about your summer vacation?
a) Pick my dream destination – it’s my holiday, after all!
b) Predefine a vacation budget and try to stick to it
c) A staycation is fine by me, as long as I get a ton of sleep
d) Plan in advance so I can save up and take advantage of the best prices
7. A friend’s wedding is just around the corner, and you feel like you have nothing to wear. How do you deal with this issue?
a) Go shopping, of course!
b) Re-evaluate my closet and see whether I can only buy a part of the outfit
c) Make do with what I have – no need to splurge for just one night!
d) Plan a clothing swap with your mates and try to benefit everyone
8. Do you use shopping lists?
a) Never – I know what I like, and I have no trouble buying it
b) I do, but I don’t necessarily stick to it 100% of the time
c) Always – it’s actually quite a money saver for me
d) Yes, I prepare it based on the weekly deals and loyalty saving opportunities
9. Do you ever shop for groceries when hungry?
a) Of course – this way, I can always get exactly what I’m craving!
b) Sometimes – I know it’s not recommended, but my plans don’t always work out
c) No – and even if I did, I only shop for items on my list
d) Sometimes, but I limit the number of unplanned purchases
10. A brand new restaurant opens in town, and your friends who went there on the opening night swear it’s fantastic. Do you go?
a) As soon as I can – in fact, I might ask my friends to take me there straight away!
b) I make it a point to remember the place next time I’m planning a night out
c) No thanks – those places tend to be pricey, and I’ve got food at home
d) I wait a few weeks so the crowds subside and pop in for a lunch deal
11. Christmas is just around the corner! How many gifts are you getting?
a) The more, the merrier – I love to see everyone smiling!
b) I get something for my family and my closest friends
c) I try to make no-gift arrangements with people in advance
d) I already have all of mine – I shop throughout the year so I can leverage sales
12. Which of the following personal finance books would you be the most likely to add to your reading list?
a) The Year of Less: How I Stopped Shopping, Gave Away My Belongings and Discovered Life Is Worth More Than Anything You Can Buy in a Store
b) Why Didn't They Teach Me This in School?: 99 Personal Money Management Principles to Live By
c) Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence (& how to get started!)
d) Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrencies
13. You hear your favourite video streaming service is raising its subscription price by $5. What do you do?
a) What can I do? It’s their decision to make, and I’m not just going to stop watching my favourite shows!
b) Consider dropping another service I use less and use the savings here
c) Impossible – I don’t waste money on paid streaming services
d) See if I can get a cheaper plan or share the price with my roommates
14. Do you use loyalty cards?
a) I take all the cards they offer – now whether I remember to use them is a different story
b) I use cards in the grocery stores I visit the most often, but nowhere else
c) I have a separate wallet to store all my loyalty cards in alphabetical order
d) I only get the ones that are actually useful and offer real savings
15. Your bicycle broke, and you need a new one to commute. How much research do you do before finalising a purchase?
a) Barely any – ain’t nobody got time for that!
b) I read some reviews so I can make sure my new purchase will last me a long time
c) I compare prices in different stores and see if someone I know is selling a used one
d) I rise the bus for a while and then make the most out of the next seasonal sale
Get ready – it’s time for the results!
Review your answers and see which of the options – A, B, C, or D – you chose the most often, then read the corresponding description below!
If most of your answers were A….
You’re a Hero of Today!
Let’s face it: you’re far from a money-saving expert – and not because you couldn’t do it. You simply don’t want to postpone your best life till tomorrow, and you believe everything that can be enjoyed should be experienced as soon as possible. You savour spontaneity and prefer experiences to material things – but when you do buy stuff, your purchases tend to be unplanned and emotion-driven. You strive to live every day like it’s your last, and that’s admirable… to a certain degree. You should still remember tomorrow will most likely come – and you probably won’t want it to be worse than today, so thinking a little ahead will most certainly do you more good than it will harm.
If you’d like to make the change but don’t want to think about earning and saving money too much, consider taking up a passive income source like Honeygain: it allows you to earn effortlessly: your devices will generate you income while you enjoy your day as usual, and the more time passes, the more free money you make!
If most of your answers were B….
You’re a Cautious Preparer!
You might not have a detailed 20-year plan prepared for your and your family’s future, but you certainly have the nearest days and weeks mapped out – including your finances. You’re not the person who finds themselves surprised by an empty bank account at the end of the month: even if it seems like you might end up with too little money before your paycheck comes, you’re able to foresee and prevent it. You’re far from a Scrooge who saves up every penny they see, but you make sure the money you do have allows you to live comfortably without experiencing any significant crashes.
If you haven’t tried passive income sources to supplement your regular income yet, you really should: it’s way easier to make sure you’re always prepared when you have money coming in from various sources at different times. For example, you might look into passive income apps like Honeygain – while they won’t cover your living expenses, they do let you earn extra cash on the side while barely requiring any effort!
If most of your answers were C….
You’re a Saving Guru!
As a money saver, you’re unmatched: chances are, you are still holding on to that $10 you got from your grandma on your birthday fourteen years ago. In fact, we could bet your money-saving piggy bank is bursting at the seams! If you can avoid spending money, you will most probably take the chance – and if someone’s looking for the best saving tips, tricks, or hacks, they typically come to you. You don’t understand people who see shopping as a hobby or even a type of therapy: for you, any unnecessary expense is first and foremost a cause for anxiety, and there’s no better feeling than knowing you’re fully prepared for all the rainy days ahead (or even early retirement).
While we are certainly proud (and, to be frank, a little jealous) of your money-saving expertise, we also believe you should sometimes relax a little. All work and no play makes Jack a dull boy, after all! If you don’t want to spend any of your hard-earned money on non-necessities like entertainment, try a passive income source like Honeygain: it allows you to earn extra money effortlessly, so you can treat yourself to a streaming platform subscription or a game and let off some steam!
If most of your answers were D….
You’re a Smart Strategist!
If being a money saver was a multi-level game, you’d certainly be at the top: not only are you familiar with money-saving techniques, but you also know how to invest and grow your capital by using smart personal finance methods and tools. You have diversified your income so you’re never dependent on a single source, and you’re making the most out of passive income tools like Honeygain – needless to say, you’re at the top of your game as a referee for new Honeygainers, and you’ve never once skipped the daily Lucky Pot.
Your smart approach to money management means you don’t have to put a lot of time and effort into actively earning, which leaves you with even more time to explore your options and come up with new ways to grow your net worth. Kudos to you!
Let’s be honest: whether you’re a skilled money saver or not, you could surely benefit from some free money. Who wouldn’t? By using Honeygain, you can make money effortlessly by simply (and safely!) sharing your extra bandwidth with a crowdsourced web intelligence network. Companies all around the world use it to gather publicly available web data and perform vital business processes – but all You need to do is run the app on your Windows, macOS, Linux, or Android device when it’s connected to the Internet!
Curious? Try it yourself! Sign up by clicking the link below and get your first $5 instantly so your earning journey can start with a bang!