CHECK YOUR FINANCIAL QUOTIENT

1. What Is your Present Investment Pattern?

Bank savings account, gold and post office

Mainly in fixed income and a portion in debt and equity mutual fund

Mainly in Equity Mutual Fund

Mainly in Direct Equity and/or Real Estate

Only in fixed income such as bank deposits & PPF

2. Do you prefer learning personal finance online?

b) No

Yes

3. How many Times have you borrowed or rolled over your credit card bills in the past 1-2 years

Around Six to Seven times

Never

Three to Four times

Once Or Twice

All the time

4. Would you like to have the wisdom of personal finance books in small, easy-to-understand
capsules?

Yes

No

5. Your dependents include

No dependents

Only spouse

Parents, siblings, spouse, and children

Parents, spouse, and children

Spouse and children

6. You Invest in Rs.1,00,000 In Stock Market via Mutual Funds & Market Drops by 20% in Value in about Less than a Month’s Time. You Would…….?

Sell & Take a Flight back to Bank FD / Debt Instruments

Wait Till the Loss is Regained & then Exit

Put in Another Rs. 75000-100000.

Sit Peacefully Because You believe that in short term market will be volatile.

Sell part of the Portfolio and invest in debt

7. Your Loan repayments Account for what % of your family income.

No loans Interests and Dividends

Over 50%

10 to 30%

30 to 50%

Less than 10%

8. Your total income comes from

Salary/business, rent, interest, and dividends

Only business/salary

Business/salary and rent

Salary/business of self and spouse, rent, interest, and dividends

Salary/business, rent, and interest

9. How much of your income are you able to save?

10-20%

Less than 5%

20-30%

Over 30%

5-10%

10. What do you think is a reasonable amount you can spend per month for financial wellness?

Rs. 500/-

Above Rs.1000/-

Rs. 500/- to Rs. 1000/-

11. How many years left for your Retirement?

Already retired

10-20

Less than 10

20-30

More than 30

12. Would you like to have a financial coaching session to crystallize your financial goals?

Yes

No

13. Given your current financial status, can you achieve your financial goals?

On track to reach achieve all goals

Planning for goals already done

All goals achieved

Many goals may be missed

Will be a bit of struggle

14. Which of these best describes your financial Situation?

Reasonably sound

Well Planned & Very much in Control.

Average

Needs improvement

Very unstable

15. How stable is your job/business/profession?

Doing well and may raise my marginal rate.

Don’t foresee any change

May need to change soon

Excellent chances of High growth in Salary

Not sure if it will last

CHECK YOUR FINANCIAL QUOTIENT

Check Your Financial Quotient

Small Savings Schemes in India

Debt Instruments – Fixed Deposits

Asset Classes – How do we choose the right ones?

Money Goals for Life