What is
Financial Fitness?
Financial fitness is the ability to understand, manage and make confident decisions about your money.
Just like physical fitness, financial fitness is not about being perfect or having a certain level of income. It’s about building healthy habits, improving your confidence, staying in control and having the resilience to deal with life’s ups and downs.
MoneyFit uses the UK Financial Fitness Score to measure financial fitness.
Based on the UK Money and Pensions Service Financial Fitness tool methodology, the Financial Fitness Score provides a simple measure of financial fitness and helps track improvement over time. It takes less than 3 minutes to complete; there are no right or wrong answers and it's 100% anonymous.
A weighted points system is applied to each of your answers to the 9 questions to provide a Financial Fitness Score where:
Low
Financial Fitness
Medium
Financial Fitness
High
Financial Fitness
How is the Financial Fitness Score calculated?
Using statistical analysis and reliability testing, researchers reduced 80+ potential indicators to 9 core questions.
The questions assess key financial behaviours and outcomes including saving, use of credit and retirement planning.
Why DoesFinancial Fitness Matter?
of UK employees cite financial pressure as their leading cause of stress outside work.
Money affects every part of our lives - our choices, relationships, health, confidence and sense of security.
Financial stress can impact our mental wellbeing, productivity and ability to focus. When people feel more financially confident and in control, they are better equipped to make financial decisions, handle challenges and plan for the future.
Financial fitness is not about becoming wealthy. It’s about helping people feel more capable, confident and in control of their finances every day.
Small steps, positive habits, greater confidence and a healthier relationship with money.
