Paul Ferraresi

Financial Personality Worksheet

This study was conducted by Allianz Insurance Company. Although it was created for women it is okay for men to take the quiz. If you are married then each person should take it separately.

When done compare your points with your personality type and then with your partner.

This questionnaire was designed to help identify your financial personality. Understanding your particular needs also will allow your financial professional to better understand your decision-making process and personal approach to planning for your financial future. Please take your time and carefully answer each of the following eight questions.

Using the following scale how much do you agree or disagree with the following statements?

Strongly Agree (5 pts)
Somewhat Agree (4 pts)
Neutral (3 pts)
Somewhat Disagree (2 pts)
Strongly Disagree (1 pt)

1)_____ I feel I am confident when it comes to managing money and investing.
2)_____ I feel I have adequately planned for retirement savings/security.
3)_____ I feel I am educated when it comes to managing money and investing.
4)_____ I feel I have sufficient knowledge about money and investing, and I am very involved in the management of my long-term savings, and investments.
5)_____I feel I am clear about my financial goals and my plans to achieve them.
6)_____ I feel I am highly responsible and take initiative when it comes to money and investing.
7)_____ It is very important to me that I always have a complete understanding of my household financial situation.
8)_____ When in a relationship, I like to collaborate with my partner in financial decisions.

_____Total Points

Total Points Financial Personality
35-40 Financial Initiator
27-34 Financial Analyzer
20-26 Financial Collaborator
14-19 Financial Avoider
8-13 Financial Dreamer

The Emerging Roles of Financially Empowered Women

Now that you have completed the financial personality worksheet you will have a better understanding of your unique financial personality. You can become more in tune with your behaviors as they relate to money and finances. This knowledge will position you to take the next step of working with a financial professional, and will help you assume control of your financial future.

When interpreting your results, please keep in mind that you are the best judge of the accuracy of a personality description that reflects your financial behavior. If your point score falls toward the end of a range of points for a particular financial personality, and you feel that behavior description does not adequately portray you, read the personality that follows it to determine if it’s a better fit.

Percentage of Respondents

Financial Dreamer “Cinderella” 8%

You haven’t had a confident history with money. In fact, you may not have had the opportunity to be responsible for your own money and investing in the past, and as a result may feel intimidated when it comes to managing your own finances. Because you lack experience and knowledge, you may feel helpless and hope that someone else will “take care of you”. In fact, if you’re in a relationship, you usually defer all financial matters to your partner. You have the most to gain by consulting a financial professional with whom you feel comfortable and can trust.

Financial Avoider “Alice in Wonderland” 17%

You’re concerned about your current finances and your financial future. However, you don’t feel confident enough with your financial knowledge to make informed, independent decisions to resolve your financial problems. You often feel overwhelmed by all the choices and potential solutions available to you. You know that you would benefit by seeking the help of a financial professional. You just have trouble taking the first step.

Financial Initiator “Wonder Woman” 8%

You’re self-assured, empowered and optimistic in most of your endeavors. Specifically, you’re extremely sophisticated in your financial knowledge and confident in your ability to make independent, informed financial decisions. You’re quite clear about your financial goals and typically know how to achieve them. You take the initiative to work with a financial professional who you feel has the necessary industry experience to provide you exceptional advice and guidance.

Financial Collaborator “Belle” (from Beauty and The Beast) 17%

You’re extremely balanced in your life. When in a relationship, you’re healthy, happy, and cooperative. You provide your family financial comfort and stability. You are confident with your ability to understand and resolve financial issues. However, you prefer not to be the primary decision-maker. Even though you may not always choose to be in the forefront, you and your partner share equally in all financial decisions and actions, including working with a financial professional.

Financial Analyzer “Goldilocks” (Comparison shopper) 35%

You have a good understanding of household finances and take initiative in thoroughly researching investment opportunities and tracking financial results. You’re a comparison shopper, an avid saver, and rarely purchase something you can’t afford. Your behavior is reflective of an analytical and disciplined approach to making decisions. Chances are you’ve worked with a financial professional in the past. However, when selecting a financial professional, it’s important to you to work with someone who is inclusive and collaborates with you.

Now you know who you are. It is time to get on track, or, will you be like Scarlett O’Hara … “I’ll think about it tomorrow”.