Initial comments: Excellent. You got a great score for the Financial Fitness Test.
In context: Your score means you got higher marks than 90% of people that have taken this test before.
Marker’s comments: You have a really good understanding of your finances and have great plans in place to make the most of your money. It is likely that you have achieved or are well on track to securing ‘Financial Freedom’ – never having to worry about your money again. You are well in control of almost all aspects of your financial life and are in better financial health than most of your peers. Although you got a great score in the test, you could get your score up to a A+ (the top score) with a little extra effort. A qualified financial planner might just be able to help you take the final step to really bossing your finances and getting top marks. Alternatively, you just need to keep on top of things to ensure your finances stay in great shape.
In summary: Good work. You really know your stuff and have your finances in great shape. Keep it up.
For each question, scores are awarded as follows: 10, 6, 3, 0
The total score for the 24 questions is calculated out of a total of 240 points.
Grades are awarded as follows:
A: 75% – 86%
B+: 65% – 74%
B: 57% – 64%
C+: 50% – 56%
C: 43% – 49%
D+: 35% – 42%
D: 25% – 34%
E: 13% – 24%
F: 0% – 12%
The current average recorded score is 44%.
Disclaimer: The Financial Fitness Test is designed to get you thinking about how well you understand your financial affairs. It is not designed to provide financial advice and nothing within the test or results page should be taken as advice. The test provides generic information only. If you wish to obtain advice, please contact us.
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