Financial Success Map Where are you on the map below and where would you like to be? Click on the boxes to draw your map
Where Are You?	SAVINGS	PENSION	STOCK MARKET	EXPENSES	DEBT
Haven't Started	I have nothing in savings	No Pension	Never Tried it	No Idea how much I spend	I don't know how much debt I have
Thought About It	I have a savings account I put money in sometimes	I have a Company Pension	Looked into it but never started	I know whether or not I spend too much	I know how much debt I have, even if I don't control it
Beginner	I regularly put money into a savings account (preferably an ISA)	I have fully-matched my Company Pension	I use a Trading/Robo-Investing App	I can cover my basic expenses (rent, food, utilities) without borrowing	I pay off some of my debt every month
Improver	I have at least 1 month of basic expenses saved	I have a Company Pension plus my own retirement savings e.g. LISA, SIPP	I regularly contribute to my Stocks Account and feel confident choosing my stocks and funds	I track my expenses and cut them where I can	I structure my debt to maximise how quickly I pay them off
Comfortable	I have 3 months of expenses saved	I have defined an Old-Age lifestyle goal and have started saving towards it	I maximise my returns by using an ISA and minimise my investment charges and fees	My expenses are maximum of 70% of my income, and can support my dependants	I don't take on unnecessary new debt and am paying off my old debts on time
Savvy	I have 6 months of expenses saved plus a curveball account for minor emergences	I fully manage my own pension Account (e.g. a SIPP). I also have a plan for spending my pension	I have set a Stock Market goal and work to reach it	Less than 70% of my income is taken up by my expenses	I choose when I take on debt, for example getting a mortgage to buy a home
Money Ninja	My savings are tax advantageous and I readily use them to invest, e.g. in property, art, land, gold bars etc.	I have a (side) business(es) that can keep paying me even after I retire	I have a portfolio that pays dividends that I can comfortably live on	I can cover all my basic and luxury expenses without borrowing	Eventually, all my debts turn into assets

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The content on WealthSquats are my own thoughts. Consult certified financial experts to get information that is suitable to you.

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