Assess your current financial well-being across key dimensions including spending, saving, debt, protection, and investments. This comprehensive evaluation will help identify your financial strengths and areas for improvement.
What Is Financial Health?
Financial health refers to the overall condition of your financial situation. It encompasses multiple dimensions of your financial life and provides a holistic view of your financial well-being.
According to financial experts and research from the Consumer Financial Protection Bureau, financial health includes:
Spending: How you manage your expenses, track spending, and adhere to a budget
Saving: Your emergency fund, saving rate, and approach to saving for goals
Debt: How you manage debt, your debt-to-income ratio, and repayment strategies
Protection: Insurance coverage, estate planning, and risk management
Investment: Retirement planning, portfolio diversification, and investment strategy
A comprehensive assessment of these dimensions provides a clear picture of your current financial situation and identifies specific areas for improvement.
Instructions
Answer each question honestly based on your current financial situation. For numerical questions, provide your best estimate if you don't know the exact figure. The assessment is divided into five sections, each focusing on a different dimension of financial health.
The assessment takes approximately 10-15 minutes to complete
Each section contains 5 questions about different aspects of that financial dimension
You can navigate between sections using the tabs at the top of the assessment
Your responses are used to calculate dimension-specific scores and an overall financial health score
You can save your progress and return later if needed
All calculations are performed locally in your browser
Benefits of Completing the Assessment
Gain a comprehensive understanding of your current financial health
Identify specific strengths and areas for improvement
Receive personalized recommendations based on your responses
Get a prioritized action plan with short and long-term steps
Establish a baseline to track your financial progress over time
Privacy Assurance
Your financial information is encrypted and never stored on our servers. All calculations are performed locally in your browser, and your data remains private.
Section: Spending Habits - Question 1 of 5
Spending
Saving
Debt
Protection
Investing
Do you follow a budget or spending plan?
Yes, I have a detailed budget that I follow consistently
I have a general budget but don't track it closely
I have a rough idea of my expenses but no formal budget
No, I don't use a budget
Your Financial Health Results
Based on your responses, we've assessed your financial health across key dimensions. This comprehensive evaluation provides insights into your current financial situation and identifies specific areas for improvement.
Overall Financial Health Score
70
Your score indicates a Good financial health status
Understanding Your Score
Your overall financial health score is calculated based on your responses across all five dimensions. The score ranges from 0 to 160, with higher scores indicating better financial health.
Critical (0-40): Immediate attention needed to address significant financial challenges
Vulnerable (41-70): Some concerning weak points that require attention
Stable (71-100): Solid financial foundation with room for improvement in specific areas
Secure (101-130): Strong financial health across most dimensions
Thriving (131-160): Excellent financial health with robust practices across all dimensions
Dimension Scores
This radar chart shows your scores across the five key dimensions of financial health. Each dimension is scored on a scale of 0-50, with higher scores indicating better financial practices in that area.
Financial health dimension chart will appear here
Detailed Analysis
Below is a detailed analysis of your financial health across each dimension. This breakdown helps identify specific strengths and areas for improvement.
Spending Habits
Score: 65/100
Your spending analysis will appear here, highlighting strengths and areas for improvement.
Saving
Score: 80/100
Your saving analysis will appear here, highlighting strengths and areas for improvement.
Debt Management
Score: 75/100
Your debt management analysis will appear here, highlighting strengths and areas for improvement.
Protection
Score: 60/100
Your financial protection analysis will appear here, highlighting strengths and areas for improvement.
Investing
Score: 70/100
Your investment analysis will appear here, highlighting strengths and areas for improvement.
Personalized Recommendations
Based on your financial health assessment, here are prioritized recommendations to improve your financial well-being. These recommendations are tailored to your specific situation and focus on the areas where improvement would have the greatest impact.
High Impact: Emergency Fund
Recommendation text will appear here.
Medium Impact: Debt Reduction
Recommendation text will appear here.
Medium Impact: Insurance Coverage
Recommendation text will appear here.
Your Financial Action Plan
Here's a suggested timeline for implementing your recommendations. This structured approach helps you prioritize actions and create a manageable path to improved financial health.
Immediate (Next 30 Days)
Focus on these high-priority actions first to address critical financial needs:
Action item 1
Action item 2
Short-term (1-3 Months)
Once immediate actions are underway, focus on these short-term improvements:
Action item 1
Action item 2
Medium-term (3-6 Months)
These actions build on your initial progress and address important but less urgent needs:
Action item 1
Action item 2
Long-term (6+ Months)
These actions focus on long-term financial growth and stability:
Action item 1
Action item 2
Tracking Your Progress
Financial health is an ongoing journey, not a destination. We recommend:
Reviewing your action plan monthly to track progress
Celebrating small wins as you implement recommendations
Retaking this assessment every 6-12 months to measure improvement
Adjusting your strategy as your financial situation and goals evolve
Next Steps
Now that you understand your financial health, discover your money personality to gain deeper insights into your financial behaviors. Understanding both your financial situation and your money personality provides a comprehensive foundation for financial improvement.