QUIZ: Just how financially fit are you?

Posted at 6:05 PM, Jan 04, 2016
and last updated 2016-01-04 18:06:11-05

Just how well are you doing with your money?

The federal agency tasked with consumer protection has designed a simple, multiple choice survey to measure your financial health.

The Consumer Financial Protection Bureau defines financial well-being as a state of being wherein a person can fully meet current and ongoing financial obligations, can feel secure in their financial future and is able to make choices that allow them to enjoy life.

One question asks respondents what statements apply to them, such as their ability to handle a major unexpected expense.

So, why is the government so interested in how you are managing your money? The CFPB hopes millions of Americans take the survey. It will allow financial educators and others working with consumers to use the scale to gauge how well their program works and track people's progress over time.

A similar Gallup Healthways survey issued last year found the average score was a 59 -- an F.

Click here to take the quiz for yourself