{"id":1407,"date":"2019-09-16T18:25:59","date_gmt":"2019-09-16T18:25:59","guid":{"rendered":"https:\/\/www.finsafe.in\/financial-wellness\/?page_id=1407"},"modified":"2022-11-18T10:52:34","modified_gmt":"2022-11-18T05:22:34","slug":"financial-risk-assessment","status":"publish","type":"page","link":"https:\/\/www.finsafe.in\/financial-wellness\/financial-risk-assessment\/","title":{"rendered":"Financial Risk Assessment"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1407\" class=\"elementor elementor-1407\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5476bd4f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5476bd4f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20389c0\" data-id=\"20389c0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-75d093a0 elementor-widget elementor-widget-text-editor\" data-id=\"75d093a0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><script src=\"https:\/\/ajax.googleapis.com\/ajax\/libs\/jquery\/1.8.2\/jquery.min.js\"><\/script><\/p>\n<p><!-- wp:html --><\/p>\n<div class=\"header-wrap\">\n<div class=\"container-header\">\n<div class=\"questions\">\n<p>1. Is your spending more than your earning?<\/p>\n<ul>\n<li><input name=\"one\" type=\"radio\" value=\"3\" \/> <label for=\"one\">Yes.<\/label><\/li>\n<li><input name=\"one\" type=\"radio\" value=\"2\" \/> <label for=\"one\">No.<\/label><\/li>\n<li><input name=\"one\" type=\"radio\" value=\"1\" \/> <label for=\"one\">Don&#8217;t Know.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>2. How much do you save per month?<\/p>\n<ul>\n<li><input name=\"two\" type=\"radio\" value=\"3\" \/> <label for=\"two\">More than 30% of my income.<\/label><\/li>\n<li><input name=\"two\" type=\"radio\" value=\"2\" \/> <label for=\"two\">Less than 10% of my income.<\/label><\/li>\n<li><input name=\"two\" type=\"radio\" value=\"1\" \/> <label for=\"two\">Don\u2019t know.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>3. Where does your money get spent?<\/p>\n<ul>\n<li><input name=\"three\" type=\"radio\" value=\"3\" \/> <label for=\"three\">Basic expenses, EMI\u2019s&amp; Investments.<\/label><\/li>\n<li><input name=\"three\" type=\"radio\" value=\"2\" \/> <label for=\"three\">Shopping , EMI\u2019s and regular expenses.<\/label><\/li>\n<li><input name=\"three\" type=\"radio\" value=\"1\" \/> <label for=\"three\">Don\u2019t know.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>4. Do you have emergency fund &amp; how long the expenses would cover?<\/p>\n<ul>\n<li><input name=\"four\" type=\"radio\" value=\"3\" \/> <label for=\"four\">Yes and for 6 months.<\/label><\/li>\n<li><input name=\"four\" type=\"radio\" value=\"2\" \/> <label for=\"four\">Yes and for 3 months.<\/label><\/li>\n<li><input name=\"four\" type=\"radio\" value=\"1\" \/> <label for=\"four\">No. I don\u2019t have.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>5. Do you pay your credit card bills?<\/p>\n<ul>\n<li><input name=\"five\" type=\"radio\" value=\"3\" \/> <label for=\"five\">Full due amount on time.<\/label><\/li>\n<li><input name=\"five\" type=\"radio\" value=\"2\" \/> <label for=\"five\">Only pay minimum amount due.<\/label><\/li>\n<li><input name=\"five\" type=\"radio\" value=\"1\" \/> <label for=\"five\">Pay only when I can.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>6. How much is your debt?<\/p>\n<ul>\n<li><input name=\"six\" type=\"radio\" value=\"3\" \/> <label for=\"six\">I am debt free.<\/label><\/li>\n<li><input name=\"six\" type=\"radio\" value=\"2\" \/> <label for=\"six\">40 \u2013 50% of my income goes to clear my debt.<\/label><\/li>\n<li><input name=\"six\" type=\"radio\" value=\"1\" \/> <label for=\"six\">My entire income goes to clear my debt and basic expenses.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>7. Do you have a life insurance cover and how much?<\/p>\n<ul>\n<li><input name=\"seven\" type=\"radio\" value=\"3\" \/> <label for=\"seven\">More than 10 times of my annual salary plus all debt obligations.<\/label><\/li>\n<li><input name=\"seven\" type=\"radio\" value=\"2\" \/> <label for=\"seven\">Very small cover.<\/label><\/li>\n<li><input name=\"seven\" type=\"radio\" value=\"1\" \/> <label for=\"seven\">I donot have a life insurance.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>8. Do you have medical cover for you &amp; family?<\/p>\n<ul>\n<li><input name=\"eight\" type=\"radio\" value=\"3\" \/> <label for=\"eight\">Yes I have employer cover&amp; separate family floater.<\/label><\/li>\n<li><input name=\"eight\" type=\"radio\" value=\"2\" \/> <label for=\"eight\">I only have the employer provided cover.<\/label><\/li>\n<li><input name=\"eight\" type=\"radio\" value=\"1\" \/> <label for=\"eight\">No I don\u2019t have health insurance. I will pay from my savings if required.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>9. Do you have enough for your retirement?<\/p>\n<ul>\n<li><input name=\"nine\" type=\"radio\" value=\"3\" \/> <label for=\"nine\">Yes, my investments are in line with my Financial Plan.<\/label><\/li>\n<li><input name=\"nine\" type=\"radio\" value=\"2\" \/> <label for=\"nine\">I don\u2019t have a retirement plan, but have some investments.<\/label><\/li>\n<li><input name=\"nine\" type=\"radio\" value=\"1\" \/> <label for=\"nine\">Currently my income only goes towards paying bills.<\/label><\/li>\n<\/ul>\n<\/div>\n<div class=\"questions\">\n<p>10. Do you have a strategy to plan for your goals, like buying a Home, Child Education etc?<\/p>\n<ul>\n<li><input name=\"ten\" type=\"radio\" value=\"3\" \/> <label for=\"ten\">Yes, I have a financial Plan in line with my goals.<\/label><\/li>\n<li><input name=\"ten\" type=\"radio\" value=\"2\" \/> <label for=\"ten\">I don\u2019t have a financial plan, but have some investments.<\/label><\/li>\n<li><input name=\"ten\" type=\"radio\" value=\"1\" \/> <label for=\"ten\">I have not started planning yet.<\/label><\/li>\n<\/ul>\n<\/div>\n<p><button class=\"submit\" type=\"submit\">Submit<\/button><\/p>\n<\/div>\n<\/div>\n<div class=\"financial_cnt\">\n<h3>How did we assess your financial health?<\/h3>\n<ul>\n<li>a) 3 point<\/li>\n<li>b) 2 points<\/li>\n<li>c) 1 points<\/li>\n<\/ul>\n<div class=\"fn_div\">\u00a0<\/div>\n<\/div>\n<div class=\"pop\">\n<div id=\"risk-popup\" class=\"popup\">\n<div class=\"title\">\u00a0<\/div>\n<p>\u00a0<\/p>\n<div class=\"score\">\u00a0<\/div>\n<\/div>\n<\/div>\n<p><!-- \/wp:html --><!-- wp:paragraph --><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n<p><script type=\"text\/javascript\">\n\n    $(\".submit\").click(function(){\n            var check = true;\n            $(\"input:radio\").each(function(){\n                var name = $(this).attr(\"name\");\n                if($(\".questions input:radio[name=\"+name+\"]:checked\").length == 0){\n                    check = false;\n                }\n            });\n            \n            if(check){\n                var total = 0;\n                $.each($(\".questions input[type='radio']:checked\"), function(){            \n                    total += parseInt($(this).val());\n                });\n                $(\".pop\").fadeIn();\n               $(\".popup .title\").text(\"Your score is\");\n                $(\".popup p\").html(total + \" \/ 30\");\n                    if(total < 15){\n                \t$(\".score\").text(\"You need to buck up to have a good financial life. \");\n                }\n            \n                else if(total >= 15 && total <=25){\n                    $(\".score\").text(\"You can do a bit more to have a better financial health.\");\n                }\n                else{\n                \t$(\".score\").text(\"Your finances are on track.\");\n                }\n            }\n            else{\n                alert('Please select one option in each question.');\n            }\n        });\n    $(\".pop\").click(function(){\n        $(\".pop\").fadeOut();\n    });\n<\/script><\/p>\n<p><style>.title{text-align: center;font-size: 20px;text-transform:uppercase;padding: 30px 0px 0px;}#risk-popup{    max-width: 450px !important;max-height: 250px; !important}.popup p{padding: 0px; !important;}.score{    text-align: center;font-size: 20px;text-transform: uppercase;}<\/style><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a1d2c0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a1d2c0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ca966d4\" data-id=\"ca966d4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-431431c elementor-widget elementor-widget-text-editor\" data-id=\"431431c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p style=\"color: #2db1a6; font-size: 17px; font-weight: 600;\">The articles are from various news publications &amp; some of the articles may need a subscription.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-128cbff elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"128cbff\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3b29f57\" data-id=\"3b29f57\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3bed11 elementor-widget elementor-widget-text-editor\" data-id=\"a3bed11\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p style=\"font-size: 16px;\"><b>Disclaimer :<\/b> The purpose of the Training Materials and the resources is to encourage you to plan for \u00a0investments based on \u00a0goals and is solely meant for education purposes. There is no guarantee that \u00a0goals will be achieved. The workforce are advised to consult their investment \/ financial advisor, prior to taking any investment decisions. While, every care has been taken in preparing the Training Materials and the Documentation to ensure accuracy at the time of publication and creation, however, FINSAFE India Private Ltd assumes no responsibility for any errors, which despite all precautions may be found herein. Finsafe India Private Limited shall not be liable under, or in connection with:<\/p>\n\n<ul style=\"padding-left: 0; font-size: 16px; list-style: square;\">\n \t<li>loss of income;<\/li>\n \t<li>loss of business profits or contracts;<\/li>\n \t<li>business interruption;<\/li>\n \t<li>loss of the use of money or anticipated savings<\/li>\n \t<li>loss of information<\/li>\n \t<li>loss of opportunity, goodwill or reputation;<\/li>\n \t<li>loss of, damage to or corruption of data; or\nany indirect or consequential loss or damage of any kind howsoever arising and whether caused<\/li>\n<\/ul>\n<p style=\"font-size: 16px;\">All intellectual property rights in the Training Materials and the resources (whether registered or not) anywhere in the world belong to Finsafe India Private Limited.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>1. Is your spending more than your earning? Yes. No. Don&#8217;t Know. 2. How much do you save per month? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/1407"}],"collection":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/comments?post=1407"}],"version-history":[{"count":33,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/1407\/revisions"}],"predecessor-version":[{"id":7759,"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/pages\/1407\/revisions\/7759"}],"wp:attachment":[{"href":"https:\/\/www.finsafe.in\/financial-wellness\/wp-json\/wp\/v2\/media?parent=1407"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}