Test your financial stability…

These 10 questions will help you answer how stable your current financial situation is and how to improve it.

 

q1

Do you have a bank account in the same currency as your income?

q2

Do you spend significant time in other currency jurisdictions, if so do you have another currency bank accounts?

q3

Do you use a currency broker account to move money between accounts or to send money to another currency jurisdiction?

q4

Have you cleared all those debts that have high interest rates?

q5

Do you know the extent of the medical cover you have onboard? Are you covered when you're not aboard?

q6

Have you conceptually planned out different financial pots?

q7

Do you understand your tax residency?

q8

Are you saving at least 25% of your income?

q9

Do you invest time in your own financial education?

q10

Are you open to some advice?