Financial Wellness Test

Instructions: Answer all 15 questions below to the best of your knowledge and then click "Grade Me!" to evaluate your financial well-being. Move your mouse over any words highlighted like this to see a definition.

Definitions will appear in a pop-up tip such as this one.

Are you concerned your debts are getting out of control?
- Yes
- No
Do you have a bank account?
- Yes
- No
What percentage of your monthly take-home income goes toward payments to creditors (excluding mortgages)? (calculator)
- 0 – 20%
- 21% – 42%
- 43% – 49%
- 50% or above
How much do you have in all savings accounts?
[Savings would include contributions you make to retirement accounts (IRA, 401k, etc.).]
- Savings? What savings?
- Less than 3 months worth of take-home income
- More than 3 months but less than 6 months worth of take-home income
- More than 6 months worth of take-home income
On average, how often do you withdraw funds from savings?
- Savings? What savings?
- Monthly
- Quarterly
- Less than once a year
- Depends on which savings account
- Only when absolutely necessary
On how many credit cards do you carry balances month to month?
- I don't have any credit cards
- I have credit cards, but don't carry a balance
- 1 – 3
- 4 – 8
- 9 or more
Within the last year, how many new credit accounts did you open?
- None
- 1 – 2
- 3 – 4
- 5 or more
Of the credit cards you carry balances on, are any over 30 days past due?
- I don't carry a balance on any cards
- Yes
- No
Of the credit cards you carry balances on, are any over 60 days past due?
- I don't carry a balance on any cards
- Yes
- No
In the past year, my unsecured debt has:
[Debts that are not tied to any item of property: for instance, credit cards, signature loans, medical accounts, etc.]
- Increased
- Stayed constant
- Decreased
- I don't know
- I don't have any
My credit score is:
- Over 700
- 600 – 700
- 300 – 600
- I don't know
Are you behind on your mortgage or rent?
- No
- Not currently paying rent or mortgage (e.g., own home, paid for by others, etc.)
- Yes, under 3 months
- Yes, 3 – 6 months
- Yes, over 6 months
On average, what portion of your total debt do you pay off each month?
- I pay less than the minimum required payments
- I pay the minimum required payments
- I pay more than the minimum required payments
- I pay balances in full
- I don't have any debt
Within the last year, have you used credit to pay off other debts (including medical debt)?
- No
- Yes, but I pay in full
- Yes, but rarely
- Yes, often
Within the last year, have you used credit to pay living expenses?
[Necessities such as utilities, food, clothing, entertainment, car maintenance, housekeeping supplies, and personal care items.]
- No
- Yes, but I pay in full
- Yes, but rarely
- Yes, often