| Analysis Test |
| People Succeeding Through Business |
| Analysis Test |
| This test is to identify your current financial status and wealth. |
| 1. |
| What is your current career line? a. Professional b. Government Servant c. Business Owner d. Investor e. Technical Worker f. Unemployed g. Self-employed or Others |
| 2. |
| Your daily working hours: a. 8 hours b. 12 hours c. more than 12 hours d. less than 8 hours |
| 3. |
| Your working time: a. Around 5am/6am b. Around 8am/9am c. Around 12pm/1pm d. Around 3pm/5pm e. Around 7pm/9pm f. Around 12am/3am g. Flexible hour |
| 4. |
| Do you work part time? If yes, how long you work and how much you earn? a. No. b. Yes. More than 8 hours and more than $1,000 c. Yes. More than 8 hours and less than $1,000 d. Yes. Less than 8 hours and more than $1,000 e. Yes. Less than 8 hours and less than $1,000 |
| 5. |
| What is the ratio of your monthly saving vs. monthly expenses and liabilities upon all your source of revenues? a. 80% vs. 20% b. 50% vs. 50% c. 20% vs. 80% d. 10% vs. 90% e. 5% vs. 95% f. 0% vs. 100% What is the ratio of your monthly expenses vs. liabilities? a. 80% vs. 20% b. 50% vs. 50% c. 20% vs. 80% d. 10% vs. 90% e. 5% vs. 95% f. 0% vs. 100% |
| 6. |
| What is your age? How long have you been into this workforce and how long will you continue to work? a. i) In 20 year-old group. Less than 5 years and more than 40 years. ii) In 20 year-old group. Less than 5 years and 10 to 20 years. iii) In 20 year-old group. Less than 5 years and 20 to 30 years. iv) In 20 year-old group. Less than 5 years and 30 to 40 years. b. i) In 30 year-old group. More than 5 years and more than 30 years. ii) In 30 year-old group. Less than 5 years and more than 30 years. iii) In 30 year-old group. More than 5 years and 10 to 20 years. iv) In 30 year-old group. Less than 5 years and 10 to 20 years. v) In 30 year-old group. More than 5 years and 20 to 30 years. vi) In 30 year-old group. Less than 5 years and 20 to 30 years. c. i) In 40 year-old group. More than 10 years and more than 20 years. ii) In 40 year-old group. Less than 10 years and more than 20 years. iii) In 40 year-old group. More than 10 years and 10 to 20 years. iv) In 40 year-old group. Less than 10 years and 10 to 20 years. d. i) In 50 year-old group. More than 10 years and more than 10 years. ii) In 50 year-old group. Less than 10 years and more than 10 years. iii) In 50 year-old group. More than 10 years and 5 to 10 years. iv) In 50 year-old group. Less than 10 years and 5 to 10 years. e. i) In 60 year-old group. More than 20 years and more than 5 years. ii) In 60 year-old group. Less than 20 years and more than 5 years. iii) In 60 year-old group. More than 20 years and 1 to 5 years. iv) In 60 year-old group. Less than 20 years and 1 to 5 years. |
| 7. |
| How do you ensure your financial security upon your old age and your disability to work? (You may select more than one option and total up your selected amount to be applied to the formulae provided below). a. Insurance i) More than 500,000 coverage ii) 300,000 to 500,000 coverage iii) 200,000 to 300,000 coverage iv) 100,000 to 200,000 coverage v) Less than 100,000 coverage b. Family Total Annual Household Income? i) More than 1 million ii) 500,000 to 1 million iii) 300,000 to 500,000 iv) 100,000 to 300,000 v) Less than 100,000 b. Saving & CPF i) More than 1 million ii) 500,000 to 1 million iii) 300,000 to 500,000 iv) 100,000 to 300,000 v) Less than 100,000 Total up all the possible source of money and apply it to the following formulae. Presume that everyone have an average lifetime of 80 year-old. Total Amount - Family's Expenses and Libailities 80 - Your age |
For Example Let say you can't find a job from your job lost at your age of 40. Insurance gives you 200,000, your family's annual household income is 200,000 and your saving & CPF is 150,000. Your family's annual expenses and liabilities are 140,000. 200,000 + 200,000 + 150,000 = 550,000 - 140,000 divided by (80-40) = $10,250 is your yearly financial support & financial security which is 10,250/365 days = $28.08 per day. This does not include your medical and consultation fees, travelling and holiday funds. |
 |
|