Frequently Asked Questions
ABOUT OUR APPROACH
Who is behind Finnostic?
Finnostic was founded by a financial markets professional with over 10 years of experience covering institutional clients across Asian markets. The assessment methodology is built on Singapore data from MOM and MAS, and established financial guidelines. We have no affiliation with any financial institution, product provider, or advisory firm.
Why is this not free?
Free financial tools exist because they are funded by product sales or commissions. We do not do either. The fee is what keeps this independent and conflict-free.
Can I use this to make investment or financial decisions?
This is a financial health check, not financial advice. A good score does not mean you should make any particular investment or financial move, and a lower score does not mean you are in trouble. Use it as a starting point, not a conclusion.
ABOUT THE ASSESSMENT
Who is this for?
Working adults in Singapore who want an independent and structured view of their finances. This is useful if you have never taken stock of your finances before, or if you have a rough sense of where you stand but want an independent benchmark to confirm it.
How is the score calculated?
Each area is scored and benchmarked against Singapore data from MOM and MAS, and established financial guidelines. The methodology is not affiliated with any financial institution or product provider.
How is this different from other assessment tools?
Most free tools are built around a specific purpose: projections, calculators, or product comparisons. They do not give you a holistic picture across income, debt, spending, protection and savings, and they do not benchmark your numbers against Singapore norms and common financial guidelines. This assessment does.
Is the assessment difficult to complete?
Not at all. It will prompt you for the relevant information as you go, with tips along the way to help you locate what you need. Most people finish in 15 minutes and find they learn something about their own finances just by working through it.
Can I retake the assessment?
Each purchase covers one assessment. If you would like to retake it, you can purchase a new assessment at any time.
What if I have issues accessing my assessment?
If you experience any issues with the assessment link, please reach out to us via the contact form and we will assist you promptly.
ABOUT THE CONSULTATION
Who is the consultation for?
Anyone who wants more than a personalised report. This could be useful if you prefer to talk through your finances rather than interpret a document alone.
How is the consultation conducted?
One-on-one, in person at a central location in Singapore. The session runs 60 minutes and is focused entirely on your report and your questions. We may request additional information ahead of the session to make the most of your time together. If you require a virtual session, please get in touch before booking.
Can I buy the consultation without the assessment?
No. The consultation is built around your personalised report, so the assessment must be completed first. You can purchase both together or add the consultation later after receiving your report.
ABOUT YOUR DATA
Is my data kept private?
Your responses are used to generate your personalised report. We may use aggregated, anonymised data for research and analytical purposes. Individual data is never sold or shared with third parties for marketing or advertising.
Do you sell my data?
No, individual data is never sold or shared with third parties for marketing or advertising purposes.