Financial Health Test

• The document is a financial health test comprising 30 questions
• The questions are designed to assess various aspects of an individual's financial situation

Test Questions

• Do you have stable income every month?
• Do you earn money from more than one income source?
• Do you have a defined monthly budget and follow it?
• Is income sufficient to comfortably cover expenses and save?
• Do you have an emergency fund with at least 3–6 months' worth of expenses?
• Has income grown in the last 2 years?
• Can you cover a $1,000 emergency without going into debt?
• Do you have a strategy to actively increase income?
• Have you automated savings and investments?
• Do you pay the total balance of your credit card each month?
• Do you have a plan to eliminate debts in a reasonable time frame?
• Does your total debt (mortgage, loans, cards) account for less than 30% of your income?
• Do you avoid using credit cards for unnecessary expenses?
• Do you have a healthy credit score (without delays or defaults)?
• Could you maintain your lifestyle if you lost your primary income for 6 months?
• Do you save at least 10–20% of your income each month?
• Do you have investments that generate passive income?
• Do you have a clear and diversified investment strategy?
• Do you regularly invest in assets that increase in value over time (stocks, real estate, businesses)?
• Do you know and understand the investment products in which you participate?
• Have you started planning for retirement?
• Have you considered ways to optimize taxes on your investments?
• Do you read books, take courses, or regularly educate yourself in financial education?
• Do you understand the difference between assets and liabilities according to Robert Kiyosaki?
• Do you have a mentor or reliable financial advisor?
• Have you established clear and measurable financial goals for the next 5–10 years?
• Do you believe you can improve your financial situation with education and action?
• Do you live below your means without feeling deprived?
• Do you have adequate insurance (health, life, home, auto) to protect your assets?
• Do you feel in control of your finances and without stress about money?

Interpreting Results

• Individuals can be categorized into four levels based on responses: "Financial Master," "Financially Stable," "At Moderate Risk," and "Financial Alert."

25-30 Affirmative Answers: "Financial Master"

• Financial health is excellent with solid control over income, savings, and investments
• Recommendation: Explore more advanced investments to increase passive income, optimize taxes, protect assets with insurance, and consider sharing knowledge as a mentor.

18-24 Affirmative Answers: "Financially Stable"

• Have a good financial health, but there are areas for improvement
• Recommendation: Diversify your income, strengthen investments, review your budget to optimize unnecessary expenses, and continue your financial education to improve long-term decisions

10-17 Affirmative Answers: "At Moderate Risk"

• Have decent financial habits, but there are warning signs
• Recommendation: Focus on reducing debts and increasing savings, automate finances to improve saving and investment discipline, and learn more about investments and assets to generate passive income

Less Than 10 Affirmative Answers: "Financial Alert"

• Need to take urgent action to avoid long-term problems
• Recommendation: Create a budget and follow an expense plan, prioritize debt elimination and build an emergency fund, start financial education with basic books and courses, and consider seeking a financial mentor to guide you