Financial Health Check

Financial Health check is a way to evaluate overall financial well-being.  It involves assessment of an individual’s personal finances on various parameters such as age, employment status, emergency funds, income, expenses, savings, goals, assets, liabilities etc.

Financial well-being is not strictly aligned with the affluent status. It is being satisfied with own financial situation. Individuals with high level of financial well-being are in control of their day to day finances, have the capacity to absorb financial shock, are on track to meet financial goals and have the financial freedom to make choices that allow them to enjoy life.

Financial health check is an integral part of financial coaching and planning process. Just like you go to the doctor for regular medical check-ups for your physical wellness, a check should be conducted once on annual basis for your financial wellness. It will give a clear picture where you stand financially and help in identifying areas where you need to improve.  

Detailed analysis through questionnaire and ratios.