Welcome Savvy Financial Besties

1

How would you rate your current level of debt compared to your income?level of debt compared to your income" refers to the ratio of your total debt balances (such as credit card debt, loans, mortgages, etc.) to your annual income. It's about understanding how much debt you have relative to your earning capacity.

My debt is significantly higher than my income.

My debt is manageable, but I have some outstanding balances.

I have minimal or no debt compared to my income.

2

Do you have an emergency fund set aside for unexpected expenses?

No, I do not have an emergency fund.

I have started building an emergency fund but it's not fully funded yet.

Yes, I have a fully funded emergency fund covering at least 3-6 months of expenses.

3

What percentage of your income do you save or invest each month?

I don't save or invest regularly.

I save or invest less than 10% of my income.

I save or invest 10% or more of my income consistently.

4

How often do you review and adjust your budget or financial plan?

Rarely or never.

Occasionally, when I feel the need to make changes.

Regularly, at least once a month or quarter.

5

Have you considered your long-term financial goals and have a plan to achieve them?

No, I haven't thought much about long-term financial goals.

I have some long-term goals in mind but haven't fully developed a plan.

Yes, I have clear long-term goals and a detailed plan to achieve them.

6

Type a Are you actively working on improving your financial knowledge and skills?

No, I don't actively seek financial education or learning opportunities.

I occasionally read or learn about financial topics but not consistently.

Yes, I regularly educate myself and stay updated on financial matters.