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Getting financially fit

Find out about what being financially fit means

If you feel financially secure and can achieve your financial goals, then you may consider yourself financially healthy. People who are financially healthy tend to share several characteristics:


Even if you already practice many of these healthy habits, there’s always room to improve and you may even increase your financial health.

Healthy

  • I rarely feel stressed when I think about my finances.
  • I live within my means.
  • I feel confident to talk openly with friends and loved ones if money becomes a concern.
  • I could handle a major unexpected expense without any hardship.
  • I am proactively planning for my future and retirement.
  • I find it easy to access reliable advice and support.

Coping

  • I can meet my day-to-day bills and expenses most of the time.
  • I occasionally feel stressed when I think about my finances.
  • I am able to save a little from time to time.
  • I’m able to talk openly with friends and loved ones if money becomes a concern.
  • I could handle a major unexpected expense without any hardship.
  • I know where to find some reliable financial advice and support.

Struggling

  • I find it hard to talk openly with friends and loved ones if money becomes a concern.
  • I often have to borrow money to pay for needs, like food and utilities.
  • I often feel stressed when I think about my finances.
  • I don’t have a plan for my future or retirement.
  • I couldn’t handle a major unexpected expense, it would cause some hardship.
  • I find it hard to find reliable financial advice and support.

Unwell

  • I always feel stressed when I think about my finances.
  • I would never talk openly with friends and loved ones if money becomes a concern.
  • I have credit card and other debt that I cannot manage.
  • I couldn’t handle a major unexpected expense, it would be a significant hardship.
  • I have no idea where to find reliable financial advice and support.
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Financial wellbeing
HSBC offers these articles for educational purposes only and they should not be considered professional or investment advice. While HSBC is pleased to offer these articles as an educational service to our customers, HSBC does not guarantee, warrant or recommend the opinion or advice or the product and/or services offered or mentioned in these articles. Any opinions, judgments, advice, statements, services, offers or other information presented within an article are those of a third party and not HSBC. For a comprehensive review of your personal finances, always consult with a tax or legal advisor. Neither HSBC, nor any of its representatives may give legal or tax advice.