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Financial Assessment

Answer each question below. Rate yourself on each statement.

Financial Self-Assessment Quiz

Part 1: Awareness and Tracking

I know exactly how much I spent last month.

Always

Sometimes

Rarely

Never

I track my income and expenses regularly (by writing down real numbers).

Always

Sometimes

Rarely

Never

I set aside time at least once a month to review my financial situation.

Always

Sometimes

Rarely

Never

I know approximately how much I owe (if anything) and to whom.

Always

Sometimes

Rarely

Never

I know approximately how much I have in my savings account(s).

Always

Sometimes

Rarely

Never

I have a general idea of what my credit score is.

Always

Sometimes

Rarely

Never

I avoid ignoring bills or bank statements even when it feels stressful.

Always

Sometimes

Rarely

Never

Part 2: Managing Expenses and Debt

I pay all my bills (rent, utilities, tuition) on time without needing extensions.

Always

Sometimes

Rarely

Never

I do not rely on credit cards for basic living expenses (groceries, gas).

Always

Sometimes

Rarely

Never

If I use a credit card, I usually pay off the full balance every month.

Always

Sometimes

Rarely

Never

I have a plan for any outstanding personal loans or debts I owe.

Always

Sometimes

Rarely

Never

I have not borrowed money from family or friends in the past 6 months to cover basic needs.

Always

Sometimes

Rarely

Never

I feel in control when spending money, not impulsive or regretful afterward.

Always

Sometimes

Rarely

Never

I avoid taking on new debt unless absolutely necessary.

Always

Sometimes

Rarely

Never

Part 3: Planning and Saving

I have a clear idea of what major expenses I need to prepare for in the next few years.

Always

Sometimes

Rarely

Never

I am saving regularly, even if it's a small amount each month.

Always

Sometimes

Rarely

Never

I have money set aside for unexpected expenses.

Always

Sometimes

Rarely

Never

I contribute toward retirement savings, even in small amounts.

Always

Sometimes

Rarely

Never

I take small steps to grow my income when possible (like tutoring, side work, or new opportunities).

Always

Sometimes

Rarely

Never

Part 4: Family and Communication

I discuss major financial decisions with my spouse (or mentor) before spending large amounts.

Always

Sometimes

Rarely

Never

My spouse and I are on the same page about our general financial priorities.

Always

Sometimes

Rarely

Never

I regularly give maaser from my income, even when finances are tight.

Always

Sometimes

Rarely

Never

I feel comfortable saying "we can't afford it right now" when needed, without embarrassment.

Always

Sometimes

Rarely

Never

I plan and save for yomim tovim and other annual expenses instead of scrambling last minute.

Always

Sometimes

Rarely

Never

Part 5: Stress and Mindset

I usually feel calm about my financial situation, not overwhelmed.

Always

Sometimes

Rarely

Never

I feel hopeful and positive about improving my financial situation over time.

Always

Sometimes

Rarely

Never

I can differentiate between wants and needs, luxuries and necessities.

Always

Sometimes

Rarely

Never

I take responsibility to manage the money Hashem gives me carefully and thoughtfully.

Always

Sometimes

Rarely

Never

I am willing to seek advice if i feel overwhelmed or unsure about my finances.

Always

Sometimes

Rarely

Never

Submit

Email Address

Financial Assessment

732-362-7742

info@bseder.org