Do You Know Your Financial Health?

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Quiz Questions

1.
How secure are you with your annual income?
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- A.
  Extremely secure
- B.
  Somewhat secure
- C.
  Somewhat insecure
- D.
  Extremely insecure
2.
How has debt impacted your personal finances in the past 5 years?
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- A.
  Almost no impact on finances
- B.
  A fairly manageable impact
- C.
  Somewhat unmanageable impact on personal finances
- D.
  Immense impact on personal finances
3.
How often do your monthly expenses exceed your income?
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- A.
  This never happens.
- B.
  This happens one to two months out of the year
- C.
  This happens three or four months out of the year
- D.
  This happens five or more months out of the year.
4.
Do you prepare a personal monthly or weekly budget?
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- A.
  Yes I always prepare and stick to a budget.
- B.
  I try to keep up with a budget but occasionally lapse.
- C.
  I have tried to keep a budget but find it difficult to follow.
- D.
  I do not prepare a personal budget at all.
5.
How easy or difficult do you find it to stay within a monthly budget?
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- A.
  It is very easy for me.
- B.
  I occasionally lapse.
- C.
  I seem to struggle with this more than others.
- D.
  I find this very difficult or impossible to do.
6.
Do you feel like you have sufficient money for entertainment?
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- A.
  Yes I have a lot of fun.
- B.
  Yes I enjoy the basics.
- C.
  I rarely can afford entertainment.
- D.
  I can’t afford entertainment.
7.
Do you set aside money regularly for future/emergency requirements?
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- A.
  Yes on a consistent basis.
- B.
  Frequently but not consistently.
- C.
  Sometimes if I have any extra money.
- D.
  I don’t or can’t afford to set aside money.
8.
How many credit cards do you have?
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- A.
  I don’t have any credit cards.
- B.
  I have one or two credit cards.
- C.
  I have three or four credit cards.
- D.
  I have more than four credit cards.
9.
Do you borrow money or use a credit card to pay off debts?
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- A.
  I have never done anything like that (and would not ).
- B.
  I am seriously considering this as a practical option.
- C.
  I have already done this in the past once or twice.
- D.
  I have done this several times.
10.
Do you have and follow a strict regimen to maintain your budget?
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- A.
  Yes I always prepare and stick to a budget.
- B.
  I try to keep up with a budget but occasionally lapse.
- C.
  I have tried to keep a budget but find it difficult to follow.
- D.
  I do not prepare a personal budget at all.
11.
Have you ever lied to your creditors or made unrealistic promises to them?
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- A.
  I have never done this.
- B.
  I have done this once or twice.
- C.
  I have done this more than a few times in the past.
- D.
  This is something I frequently do.
12.
Is the stress of your personal finances affecting your health or relationships?
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- A.
  Financial stress has not affected my health/relationships.
- B.
  Financial stress has had a slight affect on my health/relationships.
- C.
  My health and relationships are affected by the stress of my personal finances.
- D.
  My health and relationships are affected by the stress in bad ways.

Quiz Outcomes

1.
Let's get on track!
Your financial situation is in need of immediate and comprehensive review. You’re at the point where you will need to seek advice from a qualified professional. The good news is that if you’re looking for a solution, you’re in the right place!
2.
We have some work to do...
You are doing a few things well and moving in the right direction. However, with your financial situation your quality of life is affected at times. Paying off all of your debt off will be challenging, but it can be done! If you are looking for relief through practical solutions and trustworthy advice. You’ve come to the right place!
3.
You're in good standing!
Things aren’t perfect, but they're definitely manageable! With some thoughtful planning, you will be able to pay off any remaining debt, invest in the stock market and be in a more comfortable financial situation. You have some adjustments to make of but once you focus on tackling it, you will get yourself back on track with relative ease. Extreme measures are not always necessary. Let’s chat about your options.
4.
You're killing it!
101 - 120 is a perfect or near perfect score. You have made thoughtful decisions about your money and it has paid off! It is unlikely that you are truly struggling at this point Though you have gotten this far on your own, you might consider pursuing financial education that will continue to help you build your new worth and protect yourself from potential financial pitfalls.

Do You Know Your Financial Health?

To determine your financial situation start by honestly answering a few important questions.

Quiz Questions

Quiz Outcomes