General guidance based on common rules of thumb. Your situation may need a different plan.
Take this free Financial Health Check to see how healthy your money life is. Answer a few simple questions and get a score out of 100, a breakdown across four areas, and a few suggested next steps. The scoring rules are shown openly below, so you can see exactly where every point comes from. Your answers stay on your phone. Nothing is sent or saved.
What the score measures
Just as a doctor checks your blood pressure, sugar and weight, this check-up looks at four vital signs of your finances. Each carries 25 points.
| Area | What we check | Healthy sign |
|---|---|---|
| Savings | How much you save, and your emergency fund | Saving 20%+ of income; 6 months of expenses kept aside |
| Debt | EMIs compared with income; credit card habits | EMIs under 20–35% of income; card bills paid in full |
| Insurance | Health cover and life cover | Own health policy; term cover of 10× yearly income if others depend on you |
| Retirement | Retirement savings for your age; regular investing | Retirement savings growing steadily with age |
How your score is calculated
The score is a simple, rule-based check out of 100. Each of the four areas carries 25 points. It is not a credit score and is not calculated by any bank or bureau.
| Area | What we check | Points |
|---|---|---|
| Savings (25) | Monthly savings ÷ take-home income: 20%+ = 15, 10–19% = 10, 5–9% = 5, below 5% = 0 | 0–15 |
| Emergency savings ÷ monthly expenses + EMIs: 6+ months = 10, 3–5 = 7, 1–2 = 3, under 1 = 0 | 0–10 | |
| Debt (25) | EMIs ÷ take-home income: up to 20% = 15, 21–35% = 10, 36–50% = 5, above 50% = 0 | 0–15 |
| Credit card: no card or full bill paid = 10, minimum or part paid = 0 | 0–10 | |
| Insurance (25) | Health cover: own family policy = 13, employer only = 7, none = 0 | 0–13 |
| Term life cover: 10× yearly income or no dependants = 12, less than 10× = 6, none = 0 | 0–12 | |
| Retirement (25) | Retirement savings compared with a simple age-based guide (about 3× yearly expenses at 35, 6× at 46, 10× at 60): full match = 20, less in proportion | 0–20 |
| Saving or investing something every month | 0–5 |
Limits of this check
- It uses broad rules of thumb, not your full financial picture: assets, pension, family needs and goals are not included.
- The age-based retirement guide is a rough benchmark; your real target depends on your expenses and pension. Use the Retirement Calculator for a personal number.
- It is an educational estimate, not professional financial advice. For decisions about loans, insurance or investments, speak to a qualified advisor.
What your score means
- 80–100: Excellent health. Keep going and review yearly.
- 60–79: Good, with a few gaps. Fix the weak area first.
- 40–59: Needs care. Focus on your emergency fund, insurance and debt before investing more.
- Below 40: Needs urgent attention. Start with the first step in your prescription today.
The right order to fix your finances
From my years in banking, I have seen that the order matters. Investing while carrying credit card debt, or without insurance, often undoes all the good work. Follow this sequence:
- Stop costly debt: clear credit card balances and expensive personal loans.
- Build a starter emergency fund: at least one month of expenses.
- Get insured: health insurance for the family and term life cover if anyone depends on your income.
- Complete the emergency fund: 3–6 months of expenses.
- Invest for goals: RD/FD for short-term goals and SIPs for long-term goals like retirement.
- Review every year and increase investments with every increment.
Tips to answer accurately
- Take-home income is the amount credited to your account after tax and deductions. Add your spouse’s income if you manage money together.
- Household expenses include rent, groceries, bills, fees, transport and insurance premiums, but not EMIs.
- Emergency savings means money you can use within a day or two: savings account, sweep-in FD or liquid FD. Do not count PPF, EPF or equity funds.
- Retirement savings include EPF, PPF, NPS and investments kept only for retirement.
Frequently asked questions
Is my data saved or shared?
No. The score is calculated inside your browser. Nothing you enter is sent to us or stored.
How often should I take this check?
Once every 6–12 months, or after a big change such as a new job, a new loan, marriage or a child.
Is this financial advice?
No. It is a simple educational self-check based on common rules of thumb, with the scoring shown openly above. It does not consider your full situation. For personal advice, speak to a qualified financial advisor.
Is this the same as my CIBIL score?
No. This score is only calculated on this page from your answers. It is not a credit score and is not shared with any bank or credit bureau.