FINANCIAL HEALTH TEST

In these times, preserving your health is the most important thing and we know that you take the necessary measures, but... are your finances healthy? We invite you to take a little test to find out if you are working on them correctly or if you need to make a slight adjustment.

Answer the questions, know the result, and improve your wallet's health.

1. When you buy something and get change back, what do you do with it?

a) I keep it.

b) I buy something, but I don't spend it all.

c) I take advantage of it and spend it all.

2. At the beginning of each month, do you record your payment dates for water, electricity and credit cards, among others?

a) Sure, so I don't forget any payments.

b) I make a mental note, but I do forget a date or two.

c) Not really, and I often end up overpaying.

3. When buying, do you set a spending limit?

a) Yes, this way I avoid unnecessary purchases.

b) It depends. If I like something, I buy it on credit.

c) Limits? There is only one life, and you have to enjoy it to the fullest.

4. If you had an unforeseen expenditure, how would you deal with it?

a) I would use the money in my savings account.

b) I would ask for a bank loan, as I know I have a good credit history.

c) I don't know. I wouldn't be able to solve it on my own.

5. What do you do when you find a good deal?

a) I think about it first and do not overspend.

b) I compare the price in another store.

c) I buy it, as I'm sure it will be useful later.

Results

If most of your answers are A

You are financially healthy. That means you know how to make the right decisions to take care of your finances.

If most of your answers are B

You have good control of your finances, but you must put a safety belt on it. Save constantly to overcome any unforeseen expenditures.

If most of your answers are C

You are not in very good financial health, but this is the perfect time to take measures to put your economy in order. You may be flexible in your spending limits or you may have a spendthrift spirit, but it is important to take certain actions that will strengthen your wallet and allow you to lead a more peaceful life. Consider the following tips:

1. Make a budget that allows you to control your expenses and income.

3. Eliminate incidental expenses, i.e., those small, seemingly harmless expenses that represent a hole in your wallet.

5. Save as soon as you receive your income. Allocate a portion of your salary to a savings fund and don't wait to see what you have left at the end of the month.

2. Take advantage of technology to schedule your payments and keep track of your finances.

4. Evaluate before you buy anything. Even if you see a tempting offer, think about whether it is the right time to make that expenditure.

6. Remember that what matters most is having self-discipline to control your expenses, and a firm commitment to improve your finances.