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Free online financial check-up launched

Are your finances on their last legs? You can now find out for free with an online financial healthcheck which has just been launched.

The government-backed Money Advice Service takes only 5-10 minutes and is based around a series of multiple choice questions about your finances. It aims to give you a clearer picture of your finances, before going on to offer a tailor made plan which you can save or email to yourself.

While the advice is quite general, it will be a welcome resource for the many millions who struggle each day with high food and petrol prices and uncertainty about their jobs.

'This is the money-equivalent of a reliable sat-nav. We help people to see where they are now, and then we help them get from A to B by the best route for them,' said Gerard Lemos, chairman of the Money Advice Service.

'Most importantly, our advice is free and unbiased and we will not sell them anything. Our new online healthcheck is designed with your attitudes to money and your aspirations for life in mind. In less than 10 minutes the healthcheck identifies the top three things you and your family can do to make the most of your money right now, and to plan for future goals.'

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