Personal Finance Calculator – Financial Stress Test
Today, I found a pretty cool personal finance calculator on CNN. This personal finance calculator is designed to allow users to check their individual financial health.
Here is a video from CNN’s Your Money regarding this tool.
When I took the financial stress test, my overall debt load was ok, as well as the amount of debt tied up in my home mortgage. However, I still need to work on my emergency savings fund, retirement savings. Here is a picture of my test results.
Hopefully, next year at this time, if I run this personal finance calculator again, I will be on my way to getting an A.
Please leave a comment below with you own test results. I would love to hear how you did.Tags: Financial Planning Software, Personal Finance Calculator