Published January 1, 2012 | January 2012 issue
The National Foundation for Credit Counseling (NFCC), the nation's largest network of nonprofit credit counseling organizations, has launched a free, secure, online tool designed to help consumers assess their financial health. At MyMoneyCheckUp.org, a user first creates an account and answers a series of questions about his or her personal money management. The site then generates a customized assessment of the individual's financial health in four categories: budgeting and credit management, saving and investing, planning for retirement, and managing home equity. After receiving the initial assessment, members can use the site to track their progress in meeting financial goals. The NFCC's implementation of MyMoneyCheckUp was made possible by a contribution from Citi Community Development.