Financial health is a composite measurement of an individual’s financial life. Unlike narrow metrics such as credit scores, financial health assesses whether people are spending, saving, borrowing, and planning in ways that will enable them to be resilient and pursue opportunities. We measure financial health using our proprietary FinHealth Score® framework, which is based on eight survey questions that align with the eight indicators of financial health.

Financial health can be measured using eight indicators of financial health.

We calculate an aggregate FinHealth Score based on an individual’s answers to the eight finhealth indicator questions. The graphic below shows how to interpret financial health scores across the spectrum of 0 to 100. 

Individuals who are Financially Healthy are able to manage their day-to-day expenses, absorb financial shocks, and progress toward meeting their long-term financial goals. Approximately two-thirds of people in America are classified as Financially Coping (struggling with some aspects of their financial lives) or Financially Vulnerable (struggling with almost all aspects of their financial lives).

The Financial Health Network uses FinHealth Scores to understand how Americans are faring financially and to see where we should focus our efforts to achieve the greatest impact. We analyze FinHealth Scores across demographic factors, such as race, age, and gender identity, and review year-over-year trends to evaluate our progress and identify persistent inequities.

We also use the FinHealth Score framework to help businesses measure the financial health of their customers and employees. To start measuring, request the FinHealth Score® Toolkit.