Money Measure
Answer a few simple questions to see how you are managing your financials
   
  Select the answer that best describes your current situation
 
 
 
GOALS & PLANNING
1. Do you have any financial goals?
 
  Yes, I have set my goals for the next 5 years or so.
  I have some short term goals, ie. saving for a holiday.
  No, I don't.
 
2. Do you have a plan in place for your financial goals?
 
  Yes, I have a plan that tells me how and when I can achieve my goals.
  I have an idea of what to do but don't have a specific plan.
  I don't have a plan at all.
 
3. Are you already implementing your plans and tracking your progress?
 
  Yes, I consistently track and know my progress.
  Yes, but I don't know if I am on track.
  No, I have not.
 
SAVINGS HABIT
1. How often do you save?
 
  Regularly as I make sure I save some of my income.
  Occasionally if I have money left over or if I'm saving for something.
  Not at all.
 
2. Do you think you can maintain your current lifestyle without any income for at least 6 months?
 
  Yes, I have enough savings put aside.
  Yes, but I will need to make some adjustments to my spending pattern.
  Not at all.
 
3. Do you keep to your savings plans?
 
  Yes, very diligently.
  Occasionally, I will sometimes give up halfway.
  I have trouble sticking to a plan as there's always nothing left to save at the end of the month.
 
SPENDING & BUDGETING
1. Do you keep track of your spending?
 
  Yes, I know how much I have spent.
  I have a rough idea of how much I have spent.
  I never know where my money disappears to.
 
2. Do you have enough money to cover your monthly expenses?
 
  Yes, I even have some extra to save.
  Yes, but I don't have any extra to save.
  No, I usually end up running out of money before the end of the month.
 
3. Do you have a budget plan?
 
  I've a detailed budget plan that I follow and track against my actual spending.
  I have a rough idea of where my money should go but not an actual plan that I can track.
  No, I don't have a budget plan.
 
BORROWING / FINANCING
1. Do you have any outstanding debts/financing?
 
  None at all. I pay all my bills in full each month and I have no outstanding debts.
  Yes, I have some outstanding debts/financing, ie. credit card / hire purchase / mortgage / personal financing.
 
 
 
 
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