My Financial Health Score
Get a complete picture of your finances in one place — net worth, debt burden, savings rate, retirement readiness, and insurance gaps. Free and instant.
💼 Income
~22% tax estimated → net R 27 300
💳 Expenses & Debt
Rent/bond, food, transport, utilities
Loans, credit card minimums
💰 Savings & Retirement
Liquid, accessible savings
🏠 Assets
🛡️ Insurance
Target: 10× annual gross (R 4 200 000)
Financial Health Score
63
/100
Fair
Score Breakdown
1.1 months — build urgently
DTI 18.3% — healthy
15.8% saved — push to 20%
10% of 35-year benchmark — target R 840 000
Life cover: 12% of R 4 200 000 target | Medical aid: ✅ | Income protection: ❌
Net worth: R 190 000
Net Worth
R 190 000
Assets R 310 000 − Liabilities R 120 000
Debt-to-Income
18.3%
target: ≤30%
Savings Rate
15.8%
target: ≥20%
Emergency Fund
1.1 mo
target: 6 months
Retire On Track
10%
2× salary target
Get personalised financial advice
Your Priority Action Plan
Ranked from most urgent to least — fix these to improve your score
🛡️ Insurance
Score: 10/20 — Life cover: 12% of R 4 200 000 target | Medical aid: ✅ | Income protection: ❌
Compare Insurance →Your Personal Balance Sheet
Assets
- Emergency FundR 30 000
- SavingsR 50 000
- RetirementR 80 000
- VehicleR 150 000
- Total AssetsR 310 000
Liabilities
- Total Outstanding DebtR 120 000
- incl. Credit CardR 15 000
- Total LiabilitiesR 120 000
SA Financial Health Benchmarks
| Metric | Your Figure | SA Avg (est.) | Target | Status |
|---|---|---|---|---|
| Debt-to-Income Ratio | 18.3% | ~45% | ≤30% | ✅ |
| Savings Rate | 15.8% | ~4% | ≥20% | ✅ |
| Emergency Fund (months) | 1.1 | ~1.2 mo | 6 months | ⚠️ |
| Retirement On Track | 10% | ~30% | ≥100% | ⚠️ |
| Life Cover Adequacy | 12% | ~60% | ≥100% (10× income) | ⚠️ |
| Net Worth | R 190 000 | ~R180k | Positive + growing | ✅ |
SA averages are estimates based on SARB, Stats SA, and industry research. Your situation may differ significantly.
Financial Health FAQ
What is a financial health score?
A composite rating of your overall financial position across six pillars: emergency savings, debt burden, savings rate, retirement readiness, insurance coverage, and net worth. Each pillar is scored out of 20, giving a total out of 100.
What is a good net worth for my age in South Africa?
A rough benchmark: net worth = (annual gross income × age) ÷ 10. At age 35 on R35,000/month, that's roughly R1.5M. Most South Africans fall well below this — any positive and growing net worth is a foundation to build on.
How do I improve my financial health score quickly?
The highest-impact actions are: (1) build 3 months emergency fund, (2) pay down high-interest debt (credit cards first), (3) automate savings to a separate account on salary day, (4) ensure you have adequate life and income protection cover.
Why is income protection insurance important in South Africa?
South African disability rates are high and most employers offer limited sick leave. Income protection pays 75–100% of your salary if illness or injury stops you from working. Without it, one health event can erase years of savings.
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