Could You Survive a

Financial Emergency?

Please answer the following questions by choosing the option that best describes your current situation. Each response will help us gauge how prepared you are to face a sudden financial emergency. At the end, you’ll receive a customized result with actionable steps to improve your financial resilience.

1. How many months’ worth of expenses do you have saved in an emergency fund? *

A. I don’t have an emergency fund.

B. Less than 1 month’s worth of expenses.

C. 1–3 months’ worth of expenses.

D. 3+ months’ worth of expenses.

2. If you lost your primary source of income tomorrow, how would you manage your bills? *

A. I’d rely on credit cards or borrow from friends/family.

B. I’d sell personal items or withdraw retirement savings early.

C. I’d tap into a small savings account.

D. I’d rely on a well-funded emergency fund or side income.

3. How do you handle unexpected expenses (e.g., a car repair or medical bill)? *

A. I typically ignore it or pay it late.

B. I’d put it on a high-interest credit card.

C. I’d pay cash if possible, but it might strain my finances.

D. I have a dedicated fund specifically for such expenses.

4. When was the last time you reviewed or updated your budget? *

A. I don’t have a budget.

B. Over a year ago.

C. Within the past 6 months.

D. I review it monthly (or more frequently).

5. How diversified is your income? *

A. I only have one job, no other income sources.

B. I have a part-time/side hustle, but it’s inconsistent.

C. I have multiple streams of income, but rely heavily on one.

D. I have a stable primary income plus consistent secondary streams.

6. How is your debt situation? *

A. I only make minimum payments and often miss or am late.

B. I make minimum payments on time but have no plan to pay off quickly.

C. I pay extra when I can and am actively trying to reduce debt.

D. I either have no debt or a well-managed payoff strategy.

7. Do you have insurance coverage (e.g., health, life, disability) to protect against major emergencies? *

A. I have no insurance coverage.

B. I only have partial coverage for some needs.

C. I have basic coverage, but I’m not sure if it’s enough.

D. I have comprehensive coverage and regularly review/update it.

8. How prepared are you for a major home repair (e.g., broken furnace, roof leak)? *

A. I’d likely put it off or need a loan.

B. I’d pay partially with savings, partially with credit.

C. I have some savings, but it would still be stressful.

D. I have funds specifically set aside for home repairs.

9. If you faced a large medical bill, what would you do? *

A. I’d be overwhelmed and might ignore it or go deep into debt.

B. I’d ask for a payment plan or borrow from family/friends.

C. I’d use my HSA or savings, but it might be tight.

D. I have a robust emergency fund/HSA to cover major expenses.

10. How regularly do you track your monthly expenses and income? *

A. I don’t track them at all.

B. I do it roughly in my head or check my bank account occasionally.

C. I keep some records, but not consistently.

D. I track all income/expenses meticulously.

11. In the event of sudden job loss, do you have a plan for job searching or freelance work? *

A. I have no plan; I’d start looking from scratch.

B. I have an updated resume, but no fallback options.

C. I have a network or side hustle I could lean on temporarily.

D. I have a robust network and a backup plan ready to go.

12. What’s your approach to building savings for long-term goals (e.g., retirement, education)? *

A. I have no savings set aside for long-term goals.

B. I contribute occasionally, but there’s no set schedule.

C. I contribute a set amount each month, though inconsistently.

D. I have automated contributions and regularly assess my progress.