WISE Financial Fitness Score

Do you consistently contribute to a retirement account?

Do you consistently meet with a financial advisor?

Have you started a college fund for your children?

Have you opened an IRA account?

Your debt balances have not increased within the past three months.

You’ve taken action to not carry a balance on your credit cards.

Have you designed a debt elimination strategy?

You maxed out your retirement account contributions for the year.

You contributed enough money to your retirement account to meet the employer match.

Is your side hustle business making enough profit to increase your household income?

I have monthly finance meetings with my partner or spouse.

I use a money tracking system to monitor my spending.

Does your housing cost 28% or less of your income?

Do you consistently create and use a household budget?

Do you consistently check your account balance before making a purchase?

Do you pay your bills on time?

You’ve purchased the appropriate amount of life insurance.

You’ve purchased health insurance.

You’ve purchased property and casualty insurance.

You’ve purchased short-term and disability insurance.

Have you opened a savings account for an emergency fund?

Do you save money consistently?

Do you take actions to cut costs?

How much progress have you made with your emergency fund?

How much of your income goes towards saving?

Do you create financial goals for each year?

Do you create a visual reminder of your goals?

Do you actively work on increasing your financial literacy?

Do you actively try to buy more assets than liabilities?