1. I have a Saving Bank / Credit Card account with which to pay bills.
(Click on only Always or Never).

2. I have enough money each month to pay my rent/mortgage and other household expenses.

3. I have enough money to pay for an emergency, such as a large car repair.

4. I have written financial goals with a date and Rupees cost (e.g., Rs 6,00,000 for a car in four years).

5. I have a written plan (budget) for spending and/or saving my money.

6. I keep organized financial records and can find important documents easily.

7. I know my income tax bracket (e.g., 15%, 25%).

8. I calculate my net worth (assets minus debts) annually.

9. I save regularly for long-term financial goals, such as education for my children, a house, or retirement.

10. I have at least three months’ expenses set aside in a readily accessible account (e.g., money
market mutual fund).

11. I increase my savings when I receive a salary increase.

12. I have a personal investment account for retirement (other than an employee pension)

(write “Always” for “yes” and “Never” for “no” for this question).

13. I have money spread across more than one type of investment (e.g., stocks, bonds, mutual funds, FDs).

14. I have insurance to cover “big” unexpected expenses, such as a hospital bill or disability.

15. I have a current will (write “Always” for “yes” and “Never” for “no” for this question).

16. Less than 20 percent of my monthly take-home pay goes to my credit cards, student loans, and car payments.

17. I pay credit card bills in full to avoid interest charges.

18. I comparison shop for major purchases by checking at least three sources.

19. I avoid impulse purchases and do not use shopping as a form of recreation.

20. The after-tax yield of my savings and investments is greater than the rate of inflation.