Excerpt
from You Don't Have to Learn the Hard Way: Making It in the Real World: A Guide for Graduates
by J.R. Parrish
QUIZ: How Big a Risk-Taker are You?
a. Quit my job and take off for a year because I may never get that chance again.2) I would change jobs if . . .
b. Keep working and spend the extra cash on fun stuff.
c. Try to save most of it.
a. I thought the new job would be something I would like to do more and would be much better at.3) I envy people who are richer than I am and I want to be one of them one day.
b. The new job title would sound cool to my friends, even though the money is no better.
c. The new place offered me more money, even if I didn't really like the job.
a. Strongly agree.4) I planned a great vacation and then find out I lost my job. I . . .
b. Not sure.
c. Disagree.
a. Go anyway because I figure I'll feel more like looking for a new job after I've had some fun.5) Here's how I feel about debt:
b. Go on a vacation that doesn't cost as much but still will be fun.
c. Cancel the vacation plans and start job-hunting.
a. All my friends have some, for college loans and stuff, so it doesn't bother me.6) If I see something I like, I . . .
b. I don't want to have credit card debt but I realize that sometimes that's what happens in life.
c. I don't like the idea of owing anybody anything.
a. Try to talk myself out of it because I often regret buying stuff afterward.7) When I am facing a big money decision, I . . .
b. Shop around to see if other stores have the same thing for less.
c. Buy it -- it's not worth the time to come back later and it might be gone by then.
a. Do some research on the Internet, call friends, and even see what my parents or some other expert-types have to say.SCORE: Count up your points
b. Call my friends to see what they would do.
c. Flip a coin -- these things even out.
1) a. 3; b. 2; c. 1
2) a. 1; b. 2; c. 3
3) a. 3; b. 2; c. 1
4) a. 3; b. 2; c. 1
5) a. 3; b. 2; c. 1
6) a. 1; b. 2; c. 3
7) a. 1; b. 2; c. 3
What your score means:
If you scored between 19 and 21 points, you are willing to take a lot of risks. Sometimes risks pay off -- but if you don't also start trying to weigh your choices more carefully, you could find yourself in financial trouble.
If you scored between 11 and 18 points, you seem able to balance some risk with common sense. That's just what you'll need to succeed in your career.
If you scored between 7 and 10 points, you don't seem comfortable taking a lot of risks. While you don't want to play it completely safe all of your life, you're probably on the right path to financial security.
The above is an excerpt from the book You Don't Have to Learn the Hard Way: Making it in the Real World: A Guide for Graduates by J.R. Parrish. The above excerpt is a digitally scanned reproduction of text from print. Although this excerpt has been proofread, occasional errors may appear due to the scanning process. Please refer to the finished book for accuracy.
Copyright © 2009 J.R. Parrish, author of You Don't Have to Learn the Hard Way: Making it in the Real World: A Guide for Graduates