Take the YFL 3-Minute Financial Clarity Quiz to Get a Snapshot of Your Financial Situation
You'll get a detailed report and know exactly where to start to strengthen your finances.
Quiz Questions
1.
Q1: How well do you know your numbers?
A.
a. Like the back of my hand - I track everything weekly and always know where I stand.
B.
b. We're well acquainted - I check in monthly and have a pretty good handle on things.
C.
c. We're casual acquaintances - I look when I remember or when something comes up.
D.
d. We're strangers - I rarely track my money and don’t know my numbers.
2.
Q2: Do you track your monthly cash flow? (money in and out)
A.
a. Yes, I track my money carefully - it's all accounted for.
B.
b. I have a pretty good idea, but don't track everything.
C.
c. I know what comes in, but not where it all goes.
D.
d. Not really sure about either.
3.
Q3: Does your spending align with your values and goals?
A.
a. Yes! I’m intentional about my spending. Every dollar has a purpose and supports my bigger picture.
B.
b. Getting there - I do think about some priorities, but I'm working on being more intentional.
C.
c. Sometimes - but mostly I spend without a real plan.
D.
d. Nope - I just spend as I go without thinking about my goals and values.
4.
Q4: How's your Emergency Fund looking?
A.
a. Strong and ready - I have 4+ months of living expenses saved.
B.
b. Getting there - 2-3 months of expenses saved.
C.
c. Just starting - 1 month of expenses saved.
D.
d. Neglected. I don’t have an Emergency Fund.
5.
Q5: Are you consistently saving money?
A.
a. Yes! My savings are on autopilot - easiest habit ever.
B.
b. Usually - though some months are better than others.
C.
c. Only when there's extra money floating around (which is not as often as I’d like).
D.
d. Savings? What savings? We need to talk…
6.
Q6: If an unexpected expense popped up tomorrow, such as an expensive car repair or high vet bill, how would you feel?
A.
a. Cool as a cucumber - I've got plenty set aside.
B.
b. Unhappy about the expense, but I could handle most surprises as long as they’re not too big.
C.
c. Pretty anxious - it would be a struggle.
D.
d. Total panic mode - I'm not prepared at all.
7.
Q7: Let's talk debt (not including a mortgage). Where do you stand?
A.
a. Debt-free and loving it!
B.
b. Some debt, but I have a payoff plan and I’m crushing it.
C.
c. It's hanging around longer than I'd like. I can’t seem to get rid of it.
D.
d. The amount I owe is stressing me out - I need help.
8.
Q8: Which types of debt are you dealing with?
A.
a. This question doesn’t apply to me. I’m debt-free.
B.
b. I only have a mortgage - no other debt.
C.
c. I do have debt (excluding a mortgage), but not credit card debt or Line of Credit debt.
D.
d. I do have credit card debt and/or Line of Credit debt.
9.
Q9: How much do you owe? (excluding mortgage)
A.
a. Under $5,000
B.
b. $5,001 - $10,000
C.
c. $10,001 - $50,000
D.
d. Over $50,000
10.
Q10: How would you rate your investing knowledge?
A.
a. Pretty solid - I know how to invest using an evidence-based approach and I can explain my choices.
B.
b. Getting there - I know some stuff, but there are gaps in my knowledge.
C.
c. Basic level - please don't quiz me!
D.
d.. What's a stock market? (asking for a friend)
11.
Q11: Are you currently investing for your future?
A.
a. Yes, regularly and intentionally. I have a plan and am following it.
B.
b. On and off, when I have money to invest.
C.
c. Only through my employer's retirement plan.
D.
d. No, I haven't started investing beyond having a savings account or GICs.
12.
Q12: Picture retirement - how's it looking given the financial path you’re currently on?
A.
a. Champagne dreams with a solid plan to match. I’ll be free to fully enjoy my life when I choose to stop working.
B.
b. Decent portfolio but unsure if it's enough to pay for the life I want.
C.
c. Some savings but definitely worried about having enough money to last through retirement. I don’t think I’ll be financially secure.
D.
d. Future me is giving present me the side-eye. At this rate, I may never be able to retire.
13.
Q13: When you think about money and your finances, how do you feel?
A.
a. Confident and in control - bring it on!
B.
b. Pretty good - just a few things to figure out and strengthen.
C.
c. A bit anxious - not super solid, but ready to make changes.
D.
d. Total stress fest - can we change the subject please?
14.
Q14: How do you feel about reaching your money goals?
A.
a. Totally confident - I've got this! I’m on track to achieve them.
B.
b. Making progress - I’m moving forward, but need to push past some blocks.
C.
c. Need a GPS - I know where I want to go but I have no idea how to get there.
D.
d. Stuck in neutral - I feel like I’m on a financial hamster wheel, working hard but not getting ahead. It’s time for a money mindset makeover.
15.
Q15: How would you describe your relationship with money?
A.
a. We're besties - I see money as a powerful tool to reach my goals. I’m comfortable with it.
B.
b. We're friendly - but sometimes things get awkward.
C.
c. It's complicated - we need counseling.
D.
d. Total frenemies - pretty sure money's ghosting me.
Quiz Outcomes
1.
Below 34 points: INTENSIVE SUPPORT NEEDED
One-on-one coaching recommended before group programMultiple critical areas need attentionMay have complex situations requiring personalized guidance
2.
35 - 75 points: FOUNDATION FIRST
Recommend Foundation to Financial Freedom ProgramHas good basics but needs strengthening in key areasWould benefit from structured approach and guidance to shore up foundations
3.
76 -105 points: INVESTMENT READY
Ready for Investing Made Simple ProgramHas strong enough foundation across all areas to start investingMay need tweaks and guidance in some parts, but fundamentally solid