What Is a Financial IQ Score?

Your FIQ Score is a composite measure of your financial health and knowledge that updates as you use the platform. Unlike a credit score, which focuses narrowly on your borrowing history, the FIQ Score considers your savings behaviour, debt management progress, budget adherence, engagement with educational content, and how consistently you review and adjust your financial plan.

The score is not designed to judge you. It is designed to show you momentum. A rising score means you are building better habits, learning new concepts, and making progress on your goals. A flat or declining score is a signal to check in: maybe your budget needs refreshing, maybe a debt payment lapsed, or maybe there is new educational content that could help you through a stuck point.

We deliberately made the scoring methodology transparent. You can see exactly which factors contribute to your score and how much weight each carries. If your budgeting consistency is strong but your debt payoff progress has stalled, the score breakdown shows you that clearly. The aim is actionable insight, not a mysterious number that leaves you guessing about what to improve.