Financial Health Test | Saksham Financial Services

Your Details

Your report will be generated instantly. We may contact you to discuss it.

Full Name * Mobile Number *

Email Address *

Gender * Age (optional)

Answer Yes or No

11 questions · takes about 3 minutes

1
Budgeting
Have you prepared a budget for your household expenses?

Yes No
2
Emergency Fund
Do you have enough cash in hand or in the bank to handle a sudden situation such as a loss of job or income?
Adequate means at least 6 months of regular expenses.

Yes No
3
Life Cover
Do you have life insurance cover of at least 15 to 20 times your annual income?

Yes No
4
Health Cover
Do you have adequate personal health insurance for yourself and all your dependants?
Employer-provided cover is not counted as personal health insurance.

Yes No
5
Savings
Do you save more than 25% of your monthly take-home income?

Yes No
6
Debt Management
Are your total EMIs (home, car, personal loans etc.) less than 40% of your monthly take-home pay?

Yes No
7
Goal Planning
Have you identified your financial goals and started working towards them?
This means knowing the amount required for each goal and the time remaining.

Yes No
8
Diversification
Are your investments diversified across asset classes such as equity, fixed income, real estate and gold?

Yes No
9
Portfolio Review
Do you review and track the performance of your investments periodically?
This includes reviewing fund performance and realigning with changing conditions.

Yes No
10
Retirement Readiness
Do you know how much money you will need after retirement to maintain your desired lifestyle?
Consider inflation on expenses for you and your dependants.

Yes No
11
Estate Planning
Do you have a detailed written will?
A will ensures your assets are distributed as per your wishes.

Yes No