Are your finances healthy? Take test to find out

It's prudent to do a stock-take of what you have and owe

Very few people will bother to keep tabs on how money flows out every month.
Very few people will bother to keep tabs on how money flows out every month.PHOTO: ST FILE

Do you know how much you spend on your family every month? If your answer is "yes", you are probably wrong unless you run a tight ship in keeping every receipt and monthly bill.

This is perhaps the most difficult question for most working adults because very few people will bother to keep tabs on how money flows out every month.

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A version of this article appeared in the print edition of The Sunday Times on May 31, 2020, with the headline 'Are your finances healthy? Take test to find out'. Subscribe