A recent Gallup poll found that Americans are the most positive about their financial situation in a long time. Fifty two percent reported that they feel good about their finances. That’s a big jump from the 41 percent who felt the same five years ago.
It’s easy to see why so many more of us are feeling better about our finances. A strong bull market in stocks and rising home prices indeed are good for our balance sheets and our confidence. But rising 401(k) and home values aren’t a guarantee that you are in good financial shape.
Are you ready to take my Financial Strength test to see if you are indeed in good shape?
Answer YES to every item below and you have my congratulations for not just feeling more positive, but having taken all the key steps to in fact be on the road to financial freedom.
Suze’s Financial Strength Test
Answer Yes or No to the following statements
So how did you do? If you answered yes to every item, congratulations. If you are working on improving on a few items, I say congratulations as well. As long as you are committed to truly creating financial security, I applaud you. If that means you are paying down your credit card balances, or are building up your emergency fund with automated payments, that’s more than fine. You are on your way! But if you found yourself saying No to any of those questions, and you’re not working on moving to Yes, then I want you to stand in your truth. No matter how good you feel, you have some work to do before you can honestly know that you are on solid financial ground.