My Financial Health
Discover Your Financial Wellness Score: A 10-Minute Check-Up
By Fakruddin Shaik, CFP® · July 26, 2026
Your score is not about right or wrong — it reflects where you stand today. Behind every financial decision is a family, a dream, and a future that deserves security. Answer honestly, and use the result as a starting point for meaningful change.
Choose Never (0), Sometimes (1), or Always (2) for each question. Your total (out of 30) will reveal your zone.
1.Do you regularly track your Income and Expenses to understand where your money goes?
2.Do you clearly understand the difference between Savings and Investments, and how to use both effectively?
3.Do you maintain an adequate Emergency Fund (e.g., 3–6 months of expenses) and regularly review its sufficiency?
4.Do you understand the importance of Health Insurance and ensure it's adequate for your family's medical needs?
5.Is your family adequately secured financially in the event of the breadwinner's unforeseen absence, such as through Life Insurance or other safeguards?
6.Have you clearly defined and planned for all your major life financial goals — Education, Marriage, Home, Vehicle, or Vacations — to achieve them without stress?
7.Do you have a detailed Retirement Plan that accounts for your longest life phase without regular income, including estimated needs and income sources?
8.Are you free of High-Interest Debts (like Credit Cards or Personal Loans), or do you have a clear repayment strategy for them?
9.Do you know your current Net Worth (Assets minus Liabilities) and actively monitor if it's growing year over year?
10.Are your assets properly allocated across different types (Deposits, MF, Stocks, Bonds, Real Estate) to match your risk tolerance and financial goals?
11.Do you regularly account for Inflation's impact on your savings and investments to ensure your money retains its value over time?
12.Do you have a strategy for Tax-efficient investing and deductions to maximize your after-tax returns?
13.Do you conduct regular reviews of your entire financial plan, including adjustments for life changes like job shifts or family events?
14.Do you stay updated on personal finance knowledge (Reading, Podcasts, Webinars)?
15.Have you made basic Estate Planning (Nominee updates, Will drafting)?