Have you ever wondered how frugal you really are? This fun and engaging quiz comprises 40 insightful questions designed to uncover your true penny-pinching prowess. Each question asks about a different habit or practice that could indicate frugality.
For every ‘yes’ answer, award yourself one point. Keep track of your score as you go along. At the end of the quiz, tally up your points to see where you stand on the frugality scale. Are you ready to find out if you’re the master of savings or if there’s room to tighten up your budget? Let’s get started!
Test How Frugal You Are
For each statement that applies to you, give yourself a point. The more points you accumulate, the more frugal you might consider yourself. Let’s get started!
You track every expense down to the cent.
Do you keep meticulous spending records in an app or a spreadsheet?
You’ve mastered the art of couponing.
Are you the one always armed with a coupon for just about every purchase?
Secondhand shopping is your go-to.
Do you prefer thrift stores, garage sales, or online marketplaces for used goods over retail stores?
DIY is your middle name.
Whether it’s repairs, gifts, or decorations, if you can make it yourself, you will.
Meal planning is part of your routine.
Do you plan your meals weekly to save money and reduce waste?
You’re still picking up a penny off the street.
Every cent counts, right?
You comparison shop for everything.
Do you spend time comparing prices and reviews to ensure you’re getting the best deal possible?
Utilities are an area of constant vigilance.
Are you always the one turning off lights and adjusting the thermostat to save on utility bills?
Your car is older but paid off.
Have you resisted the temptation of a new car to avoid monthly payments and higher insurance rates?
You’ve mastered the 30-day rule.
Do you wait 30 days before making a non-essential purchase to see if you really need or want it?
Library cards are more valuable than credit cards.
Do you utilize your local library for books, movies, and magazines instead of buying them?
You’re an expert at finding free entertainment.
Do you know all the free days at museums, parks, and events in your area?
Water bottles and coffee cups are always reusable.
Do you avoid buying bottled water and coffee to save money and the planet?
You’re not loyal to brands, only to deals.
Will you switch brands in a heartbeat if another is cheaper or on sale?
Vacations are planned around deals, not destinations.
Do you choose your vacation based on where you can go cheaply rather than where you necessarily want to go?
Gift-giving involves a lot of thought and, sometimes, crafts.
Are homemade gifts your specialty?
You have a savings goal for practically everything.
Is your savings account divided into categories like “emergency fund,” “vacation,” or “new car?
You’ve negotiated bills down at least once.
Have you ever called a service provider to negotiate a lower rate?
Your phone isn’t the latest model, but it works.
Do you resist the urge to upgrade your phone every year?
Bulk buying is your favorite shopping strategy.
Do you buy in bulk to save money in the long run, even if it means more upfront?
You’ve traveled overnight or at odd hours to save on tickets.
Have you ever chosen a less convenient travel time because it was cheaper?
You know the best times of year to buy certain items.
Do you plan your purchases around seasonal sales or tax-free weekends?
You’ve cut the cord with cable.
Have you ditched cable TV for cheaper streaming services or free TV?
Energy efficiency is a significant consideration in your home.
Do you invest in energy-efficient appliances or bulbs to save on long-term costs?
You’re skilled in the art of bartering or trading services.
Have you ever traded skills or items with others to get what you need without spending money?
You’re all about maximizing credit card rewards.
Do you use credit cards strategically to earn cash back or travel rewards, then pay them off in full each month?
Your investment strategy is long-term and fee-conscious.
Do you opt for investments with low fees and a long-term growth perspective?
Repairing before replacing is your default.
Do you try to fix things before deciding to buy new ones?
You’re an advocate for potlucks over dining out.
Do you prefer hosting or attending potlucks instead of going to restaurants?
You’ve mastered the art of regifting.
Do you keep a stash of generic gifts or repurpose gifts you’ve received but can’t use?
Your wardrobe is timeless, not trendy.
Do you choose classic clothing pieces that last for years over fast fashion?
Public transportation and biking are your preferred methods of commuting.
Do you take public transit, bike, or walk rather than drive to save on gas and maintenance?
You’re a master of the staycation.
Do you find relaxation and enjoyment in taking time off at home or exploring local attractions instead of traveling far?
Gardening is a hobby and a grocery strategy.
Do you grow your own vegetables or herbs to save money on groceries?
You’re only swayed by sales if it’s an item you already needed.
Do you resist the temptation of a sale unless it’s something you were planning to buy anyway?
Your hobby is finding new ways to save or make money.
Do you enjoy the challenge of finding new savings strategies or side hustles?
Gift cards are spent wisely, only some at a time.
Do you stretch gift cards as far as possible, using them to buy gifts for others?
You prefer experiences over material gifts.
Do you request or give experiences (like concert tickets or classes) instead of physical items?
Homemade meals are your default, not the exception.
Is dining out a rare treat rather than a regular occurrence?
You understand the value of time as well as money.
Do you balance saving money with spending time efficiently, recognizing that sometimes time is more valuable?
How Frugal Are You?
Tally up your points! How frugal are you based on your score?
- 0-10 Points: You’re frugal-curious. You’ve dipped your toes in the waters of frugality, but there’s plenty more you can explore!
- 11-20 Points: Moderately frugal. You’ve mastered saving money and making smart financial choices, but there are still some new strategies you might enjoy.
- 21-30 Points: Frugality is second nature to you. You’re well-versed in saving and always looking for ways to stretch your dollar further.
- 31-40 Points: The frugal master! You’re not just saving money but making it an art form. Your habits save you money and often lead to a more sustainable and thoughtful lifestyle.
Where do you stand on the frugality scale? Tell us in the comments below!
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