Sunday, April 27, 2014

What is Your Financial IQ? Take the TCF Bank Financial Quiz #MC #Sponsored

“I participated in an Influencer Program on behalf of Mom Central for TCF Bank. I received a promotional item to thank me for participating.”

     April is National Financial Literacy Month.  What is your financial IQ?  TCF Bank, a Minnesota-based, national bank, wants you to think about your financial habits.  They have created a fun quiz that helps you to find out what your "financial animal" is.  I took the quiz and was not surprised with what I received, you should take it too.  My financial animal is Coyote.

     I'm a Coyote. I’m a crafty scavenger, always on the hunt for a bargain. My ideal day is spent digging in the couch cushions for spare change, clipping coupons and scouring the web for promo codes. It can be a lot of work, but it’s totally worth it for the sense of accomplishment I feel after scoring a killer deal. To learn more about how you can take control of your financial IQ, visit the TCF Bank Financial Learning Center and register to take our interactive financial literacy program.

     This did not surprise me.  I'm the one that heads straight for the clearance rack.  In fact often I only look at items on clearance.  I shop around for the best deal when I can.  I use coupons and coupon codes, although I must admit I often lose track of my grocery coupons and do not use them as much as I should.  I'm also pretty good about saving money.  I don't like to spend money on extravagant things.  I stick to things I need.  I have a savings account of my own and each of the boys have one too.  I feel that it is important to start your children off well.  When I was a child my mom opened my first savings account when I was only a few years old.  That money was so helpful for me in my future.  I want to do this for my boys.  That way when they are old enough they will have money to help them buy a car, go to college, or whatever is important for them.  

     If you understand your finances then  you can better plan and prepare for the future.  TCF Bank's Financial Literacy Resource Center is there to equip you with practical and impartial information about money management.  As much as I know that saving is important I have to admit that I don't know a whole lot about the different types of savings accounts, IRAs, Stocks, Bonds, etc.  The TCF Bank Financial Learning Center makes it all easy to understand by making use of unique technology that incorporates video, animations, gaming and social networking.  This helps to simplify complex financial concepts.  

     Managing your money takes some time and effort.  Although it is not always easy it is important to help with securing your future for yourself as well as your family.  Some of my financial goals are to provide the boys with a solid savings account to help them when they are ready, provide a college fund to help my boys in their future education, pay off all debt of mine and my husbands, and be secure in my finances so I do not feel like I am living pay check to pay check.  I am happy to say that I am on my way to accomplishing these goals.  The boys have bank accounts that are growing, They have a college fund that is growing, all of my personal debt is paid off and we are concentrating on paying off Johns debt now.  I honestly am feeling less stressed with living pay check to paycheck.  I don't feel the need to stop and check my account before spending.  I will continue to work towards my goals and I am happy knowing there are places like TCF Bank to help me complete my financial goals.  

     Don't forget to take the quiz and find out what kind of Financial Animal you are. 


1 comment:

  1. College is so expensive so if there is no plan it may not happen. Great idea to get the finances in order and even think about tax time next year.