Knowledge / Trivia tests -» Economics -» Finance

Financial Stability Assessment Test

10 Questions - Developed by: - Updated on: 2013-10-15 - 6,650 taken

Get a chance to win a free financial literacy class by SEDPI (November 9, 2013; 6-9 PM; ADMU)

1. Answer the statements based on your current financial situation. Answer honestly.

2. "Like" the SEDPI page

3. "Like" and "Share" the link of the Test found in the SEDPI page

4. Use your score/results as the caption (Make sure your post is public)

Winners will be chosen randomly. Your score will not affect your chances.

1

I have savings at least equal to six times my monthly income

Often
Sometimes
Always
Never

2

A. accident insurance
b. disability insurance
c. life insurance
d. medical insurance

I have all four
I have two or more
I have one
I have none

3

My net worth is _______ the prescribed level given my age

"far from"
"almost equal to"
I do not know the prescribed level of my net worth
"equal to" or "higher than"

4

I have a/an ________ portfolio that provides me with passive income

I do not have a portfolio
"stagnant"
"increasing"

5

I know the value and status of my retirement fund

I do not have a retirement fund
True
False (I only know the estimated value & status)

6

I know the value of ___ of my personal assets

"all"
"none"
"most"
"some"

7

I prepare budgets and monitor spending

Always
Never
Often
Sometimes

8

I invest in myself to improve my financial knowledge and skills

Always
Sometimes
Never
Often

9

I have monthly debt payment ______ 20% of my monthly gross income

"equal to"
"more than"
"less than"

10

I have _____________ financial goals

"monetized"
"specific"
I do not have financial goals
"specific and monetized"

Comments (0)