What does my score mean?
0 – 39
Financial health scores between 0 – 39 are considered Financially Vulnerable. Individuals with scores in this range report healthy outcomes across few, or none, of the eight financial health indicators.
“Financially Vulnerable” means you probably have a hard time paying your bills and saving for the future. Surprise bills such as car repairs or doctor’s visits are extreme stressors when you’re in this position — you would benefit from the classes, workshops, events and coaching that Summit Financial Wellness offers. Register Today!
40 – 79
Financial health scores between 40 – 79 are considered Financially Coping. Individuals with scores in this range report healthy outcomes across some, but not all, of the eight financial health indicators.
“Financially Coping” means you may be doing great in some areas but struggle in others. Maybe you have a lot of debt but make all of your minimum bill payments on time? Or you manage your debt well but don’t have any savings? Could an unexpected expense completely throw you off course? You would benefit from additional financial education — Register Today!
80 – 100
Financial health scores between 80 – 100 are considered Financially Healthy. Individuals with scores in this range report healthy outcomes across all eight financial health indicators.
“Financially Healthy” means you are successfully managing your financial life. You have good to excellent credit, a handle on debt, a savings fund and are on the right track for retirement. The goal for you is staying the course and reaching your financial goals. If you’d like help setting financial goals and creating a plan for your journey to the top — Register Today!
Next Steps …
Remember that achieving financial health is a journey. Everyone’s journey is their own — yours may begin during a period of unemployment or low wages, or you may have a good-paying job with benefits, or you may be ready to save for your children’s college fund or maximize your retirement savings? No matter where your journey begins, Summit Financial Wellness is here to help you along your journey to the top.