top of page


Money can get complicated. So here at Pineapple, we're simplifying it for you. 


The awesome team at Melbourne Institute: Applied Economic & Social Research at the University of Melbourne have developed a measure of Financial Wellbeing. They have been kind enough to make it available.

Your financial wellbeing score will be formed based on your responses to 10 questions that ask about your perceptions and experiences of money.

You will be asked about:
- how you are meeting your financial obligations
- whether you have financial freedom to make choices 
- whether you are in control of your finances 
- whether you are financially secure

We will email you the results and the optional next steps to get an even more precise score once submitted.

Understanding your Financial Wellbeing Score

You might be surprised to know that mindset is a big factor in how you experience money. It can impact your spending habits and the decisions that you make. 

Financial wellbeing is also the biggest driver in your overall health and wellbeing, impacting people more than work, relationships and health issues. So it’s a very important one to be on top of.

The sorts of things that impact your ability to experience financial wellbeing include;

  • Meeting your financial obligations (paying bills, making repayments etc)

  • Enjoying financial freedom (spending money on the things you enjoy)

  • Staying in control of your finances (knowing exactly where your money is going)

  • Having a sense of financial security (being prepared for the unexpected)

Low score (below 30)

People with low scores tend to struggle to make ends meet, and often live pay check to pay check. They are likely to need help with meeting their financial obligations, such as paying down debt or paying bills on time.

They often have a lack of control over money (where it is, where it’s going, when it’s coming next) which can create stress and often leads to regularly experiencing poor financial outcomes.

People with lower scores tend to require greater support on managing their budget; limiting their non-essential spending; accessing their funds gradually; and making payments on time. 

Helping people to set achievable financial goals and providing them with the tools to take control of their money can start to relieve worry about the future and lead to improved financial wellbeing.


Average score (30 to 70)

People with average scores tend to make ends meet but are often still living pay check to pay check, with little remaining at the end of each month. They usually have limited savings or access to credit and are actively paying down any debts they owe. 

While these people can experience some form of financial freedom when it comes to their  lifestyle and the choices they make, they are still not able to enjoy a complete sense of wellbeing from finances.

People with average scores will usually benefit from advice on sticking to their budget; managing the movement of their money between different accounts; and being on the front-foot when it comes to making repayments and consistently paying bills on time. 

Those with an average score have often been setting financial goals for years, but may have lacked the support they needed or clear steps on how to achieve them. 

Helping these people to take steps towards achievable financial goals within realistic timeframes can empower them to take control of their money and lead to improved financial wellbeing.


High score (over 70)

If you are one of the few who has received this score,  stop what you’re doing immediately and give yourself a high five! 

Unfortunately though, it’s not the case for most. Our goal at Pineapple is to help more people get to where you’re at. And in your case, we want to make it easier and more convenient for you to manage.

People with high scores have no problem making ends meet, and can easily achieve their savings goals with controlled spending habits.  They live a comfortable, secure lifestyle with the financial freedom to spend their money as they choose. 

People who enjoy financial freedom are often working towards their next financial goal with a clear plan in place to achieve it.  Because they keep on top of their money, they find it easier to achieve positive financial outcomes which makes them feel in control and independent from the economic conditions around them.

That’s Financial Wellbeing.

bottom of page