Free Assessment
Financial Health Check
5 questions. 30 seconds. Know exactly where you stand on savings, investments, insurance, and goals.
Monthly Income & Expenses
We'll calculate your savings rate from this.
Liquid Savings
Savings accounts, liquid funds, FDs you can break — accessible within a week.
Monthly SIP / Investments
Amount going into mutual funds, stocks, or any growth assets each month.
Financial Goals
Retirement, house, education — with specific targets and timelines.
Insurance Coverage
Select all that apply.
Runs in your browser — nothing is stored or sent.
Savings
/ 20
Emergency
/ 20
SIP
/ 20
Goals
/ 20
Insurance
/ 20
Pillar total: → Adjusted to because Savings & Emergency Fund are your financial foundation. Learn more
What Is a Financial Health Check?
A financial health check is a quick self-assessment that evaluates the 5 key pillars of personal finance: savings rate, emergency fund, investment discipline, goal readiness, and insurance coverage. Your score (0–100) tells you where you stand today and — more importantly — what to improve first.
Think of it like a health checkup for your money. A doctor checks your BP, sugar, and cholesterol to flag risks before they become problems. Similarly, this financial health score identifies gaps in your finances before they become crises — like not having an emergency fund when you lose a job, or not having term insurance when you have dependents.
This free version gives you an instant snapshot in under 30 seconds. No login, no account, no data stored. For a detailed, connected plan that tracks your actual cash flows, goals, SIPs, and investments — try the full Financial Planner.
The 5 Pillars of Financial Health
1. Savings Rate
How much of your income are you saving each month? A healthy savings rate is 20–30% of take-home income. Below 10% is a red flag — you're living paycheck to paycheck with no buffer for the future. Above 30% puts you on a fast track to financial freedom.
2. Emergency Fund
Do you have 3–6 months of expenses in liquid savings? An emergency fund protects you against job loss, medical emergencies, or unexpected expenses without breaking your investments. Keep it in a savings account or liquid fund — not FD or equity.
3. SIP / Investment Discipline
What percentage of your surplus is being invested via SIP or other regular investments? Saving in a bank account isn't investing — inflation erodes it. A healthy target: at least 50% of your monthly surplus should flow into SIPs, PPF, NPS, or other growth instruments.
4. Goal Readiness
Have you defined your financial goals — retirement, child's education, house down payment, FIRE? Vague goals produce vague results. Quantified, time-bound goals with dedicated SIPs dramatically increase the probability of achieving them.
5. Insurance Coverage
Do you have adequate term life insurance (10–15x annual income) and health insurance (₹10L+ for family)? Insurance is the foundation — without it, one medical emergency or untimely death can wipe out years of savings and leave your family financially vulnerable.
What Does Your Financial Health Score Mean?
80–100 (Excellent): You're saving well, investing regularly, have an emergency fund, defined goals, and proper insurance. You're in the top 10% of Indian households financially. Focus on optimising — tax efficiency, asset allocation, and estate planning.
60–79 (Good): You have the basics covered but likely have 1–2 gaps — maybe your emergency fund is thin, or you don't have term insurance yet. One focused action (like starting a ₹10,000 SIP or buying a ₹1 crore term plan) can push you into excellent territory.
40–59 (Needs Work): You're saving some money but not investing it effectively, or you're missing a critical pillar like insurance or emergency fund. The good news: the gap between "needs work" and "good" is often just 2–3 actionable changes.
Below 40 (At Risk): Multiple pillars need attention. Start with the basics: build a 3-month emergency fund, get term + health insurance, and start a small SIP — even ₹1,000/month is a start. Small steps compound into big changes over 2–3 years.
How to Improve Your Financial Health
Improving your financial health doesn't require earning more — it requires prioritising better. Here's a recommended order of actions, from most urgent to most impactful:
- Get insured first. Buy a term life insurance plan (₹1 crore cover costs ₹800–1,200/month for a 30-year-old) and a family health insurance plan (₹10L cover costs ₹1,500–2,500/month). This protects your family from catastrophic financial risk.
- Build a 3-month emergency fund. Park 3 months of expenses in a liquid fund or high-yield savings account. This prevents you from breaking SIPs or selling investments during a crisis.
- Start a SIP — any amount. Even ₹500/month in an index fund is better than zero. Automate it so it happens without willpower. Increase the amount by 10% every year as your income grows.
- Define at least one financial goal. "Retire at 50" or "₹30L for child's education by 2035" — put a number and a date on it. Use our SIP Calculator to figure out the monthly investment needed.
- Increase your savings rate. Track your expenses for one month. Most people find 10–15% of their spending is non-essential. Redirect that to investments and watch your score improve dramatically.
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