How strong is your financial house?

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1. How do you handle your credit card payments? *

I pay the full balance every month.

I pay more than the minimum payment but not the full balance.

I pay only the minimum payment each month.

I miss payments or frequently pay late.

How do you track and manage your debt? *

I have a plan and track all my debt regularly.

I’m aware of my debt but don’t actively track it.

I rarely think about or look at my debt.

I’m not sure how much debt I have.

How often do you use debt to cover regular expenses? *

Never—I live within my means.

Rarely, only in emergencies.

Occasionally, when money is tight.

Often—I rely on debt regularly.

What is your plan for paying off debt? *

I have a structured plan to pay off all my debt.

I pay as much as I can when I can.

I pay the minimum and hope for the best.

I have no plan for paying off my debt.

How do you approach taking on new debt? *

I only take on debt if it’s a calculated, necessary decision.

I try to avoid it but sometimes feel pressured to take on new debt.

I often take on debt without much thought.

I don’t consider the consequences before taking on new debt.

How often do you save money? *

Every month, I save a specific amount.

I save when I have extra money.

I rarely save.

I don’t save at all.

Do you have an emergency fund? *

Yes, it’s fully funded for 3-6 months of expenses.

I have some savings, but not enough for 3 months of expenses.

I’m working on starting an emergency fund.

I don’t have an emergency fund.

What is your approach to investing? *

I regularly invest with a clear plan for long-term growth.

I invest sporadically when I think of it.

I have a retirement account but don’t actively contribute.

I don’t invest at all.

Do you save for future expenses (e.g., vacations, holidays, big purchases)? *

Yes, I use sinking funds to plan for future expenses.

I try to save but often end up using credit instead.

I save occasionally but without a plan.

I don’t plan or save for future expenses.

How do you prioritize saving versus spending? *

Saving is a top priority, and I budget for it.

I save when I can but don’t prioritize it.

Spending usually takes priority over saving.

I don’t think about saving at all.

Do you have a monthly budget? *

Yes, and I follow it closely.

I have a budget but don’t always stick to it.

I have a loose idea of my spending but no formal budget.

I don’t have a budget.

How do you track your spending? *

I track every expense and adjust my budget as needed.

I track major expenses but not everything.

I sometimes look at my spending but don’t track it.

I don’t track my spending.

How often do you spend impulsively? *

Rarely, I’m disciplined with my spending.

Occasionally, but I usually stick to my plan.

Often, I find it hard to resist spending.

Very often, I shop without much thought

How do you plan for irregular expenses? *

I budget for them in advance.

I try to save for them when I can.

I use credit or borrow money for irregular expenses.

I don’t plan for irregular expenses.

What happens when you go over budget? *

I adjust and compensate in other areas.

I note it and try to do better next time.

I ignore it and keep spending.

I don’t notice or track overspending.

Do you have life insurance? *

Yes, and it’s sufficient to protect my family’s future.

I have some insurance but may need more coverage.

I’m unsure if I have enough insurance.

I don’t have life insurance.

How do you plan for retirement? *

I have a detailed plan and actively contribute to it.

I’m saving for retirement but don’t have a formal plan.

I’ve thought about retirement but haven’t started saving.

I don’t plan for retirement.

Do you have insurance for your home and other major assets? *

Yes, I’m fully insured.

I have some coverage but may need more.

I’m not sure if my coverage is adequate.

I don’t have insurance for major assets.

How do you plan for major life events (e.g., college, weddings, buying a house)? *

I have savings and a plan for these events.

I’m saving but don’t have a clear plan.

I hope to figure it out when the time comes.

I don’t plan for major life events.

Do you have a will or estate plan? *

Yes, I have a comprehensive estate plan.

I’ve started but haven’t finished setting one up.

I know I need one but haven’t started.

I don’t have a will or estate plan.