Financial Independence Score
33
⚠️ Financially Fragile
Living on the edge — one setback could cause serious hardship.
Emergency fund not configured — set sources in
Planning → Emergency Fund
🚨 Critical⚠️ Fragile🌱 Starting🔵 Stable🌟 Building🏆 Independent
Your score: 33/100
Cash Flow (Planning Estimates)
✏ edit
No budget transactions yet — add transactions in Budget to see rolling averages, or manually set values in Data Sources.
| Metric | Planning Estimate | ||
|---|---|---|---|
| Income | $0/mo | ||
| Expenses | $0/mo | ||
| Net Savings | $0/mo | ||
| Savings Rate | 0.0% | ||
| Debt Payments | $0/mo | ||
Score Components
Financial Resilience
12/35
CF: 0pt · EF: 0pt · Passive: 12pt
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Cash Flow
SR: 0.0%
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Emergency Buffer
None detected
✗
Passive Income
No passive income recorded
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Retirement Accounts
No RRSP/TFSA/LIRA/Non-Reg recorded
Debt Burden
15/15
Debt-to-income: 0.0%
FI Progress
0/25
No expense data
Protection (Insurance)
2/10
Coverage score: 25/100
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Life Insurance
Not recorded
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Disability Insurance
Not recorded
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Health / Dental
Not recorded (optional)
Income Diversification
4/10
4/10 income streams diversified
Estate Planning
0/5
No will · No life ins
Top Ways to Improve Your Score
- Build toward 1-year, then 5-year, then 10-year expense buffers. Use the Scenarios tab to model how reducing expenses changes your timeline.
- Create a will and ensure your insurance has up-to-date beneficiaries.
- Fill insurance gaps — especially life and disability. If you have coverage not yet recorded, use the Insurance Overrides in Settings to mark types as covered.
⚡ Smart Alerts
⚠️ No life insurance detected. Your family would have no income protection if something happened to you.
⚠️ No disability insurance. 1-in-3 Canadians are disabled for 90+ days before age 65 — your income is at risk.
💡 No dedicated emergency fund configured. Your TFSA/investable accounts ($41,313) provide 41313+ months of indirect coverage. Mark a TFSA as an EF source in Planning → Emergency Fund for accurate tracking.
⚠️ Savings rate is 0.0% — below the recommended 15–20%. Review expenses to find savings opportunities.
💡 No RRSP/TFSA contributions detected. Even small monthly contributions grow significantly over time.
💡 No will detected. Without a will, provincial rules decide who gets your assets — often not what you'd choose.
💡 No travel insurance on file. Medical emergencies abroad can cost $50,000+.
Net Worth Breakdown
💸 Spending Breakdown
Total recorded: $0
📂
No spending transactions recorded yet.
Import your bank or credit card statements in the Budget module to see your category breakdown here.
→ Open Family Budget
Import your bank or credit card statements in the Budget module to see your category breakdown here.
Groceries
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