Sunday, May 04, 2008

Financial Health Check: Madurai Finance

Add 10(ten) to every "Yes" answer. Add zero(0) to every "No" answer.
You will get a percentage of your FINANCIAL HEALTH out of 100.
Determine yourself...

Financial Health Check

Q1: Do you have 6 months' salary handy for an emergency?
Yes No
Q2: Do you know exactly how much you spend every month?
Yes No
Q3: Do you save at least 20% of your household income every year?
Yes No
Q4: Do you invest that sum regularly?
Yes No
Q5: Do you know what you earn on your various investments?
Yes No
Q6: Do you review investments at least twice a year?
Yes No
Q7: Do you invest beyond what you have to save taxes?
Yes No
Q8: Do you know how much you will need every month to live on when you retire?
Yes No
Q9: Have you enough life insurance?
Yes No
Q10: Do you have medical insurance?
Yes No

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