financial-health-check

name	financial-health-check
description	Comprehensive financial health assessment — 8-dimension scoring (0-100), Canadian benchmark comparison, red/yellow/green status flags, prioritized action plan ranked by dollar impact, and quarterly trend tracking. Run at onboarding and at the start of each quarter.
triggers	["health check","financial checkup","how am I doing","financial score","benchmark","assessment","onboarding","score my finances","quarterly review","financial grade"]
tier	core
dependencies	["accounting-advisor","financial-planning","income-tier-monitoring"]

Financial Health Check

A doctor's full-body checkup — for money. Produces a composite score across 8 financial dimensions, compares against Canadian benchmarks, flags urgent issues, and delivers a prioritized action plan with dollar-value estimates. Run at onboarding for new users. Run at the start of Q1/Q2/Q3/Q4 for CC.

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When to Run

Trigger	Cadence
New user onboarding	Once (first session)
Quarterly CFO review	Q1 (Jan), Q2 (Apr), Q3 (Jul), Q4 (Oct)
Major life event	Income jump, new debt, job change, relocation
CC asks "how am I doing"	Immediately

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Step 1 — Data Collection Protocol

Before scoring, collect or retrieve the following. Check brain/USER.md first — never ask CC for information that is already documented.

Pull from brain/USER.md (no questions needed)

• Age, province, citizenship
• All income sources and current MRR
• Asset balances (TFSA, RRSP, FHSA, Kraken, Wise, Wealthsimple)
• Liabilities (OSAP balance, credit card debt)
• Tax filing status and compliance notes
• Business structure (sole prop vs incorporated)
• Equipment and deductible assets

Ask CC only if not documented

Data Point	Why Needed	Estimate if Unknown
Monthly take-home after tax	Savings rate calc	Use gross income - 20% tax
Monthly expenses (total)	Emergency fund coverage	Use $2,500/mo CAD default
Insurance policies held	Insurance dimension	Assume none if not mentioned
Outstanding debt balances and rates	Debt health dimension	Use OSAP balance from USER.md
Investment account growth YTD	Net worth trajectory	Use current balances

Calculate from available data

• Total net worth = sum of all assets - all liabilities
• Monthly savings = monthly income - monthly expenses
• Savings rate = monthly savings / monthly gross income
• Emergency fund ratio = liquid savings / monthly expenses
• Debt-to-income = total debt / annual gross income

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Step 2 — Financial Health Score (0-100)

Score 8 dimensions. Sum equals the composite Health Score.

Dimension 1 — Emergency Fund Coverage (0-15 pts)

What it measures: Months of expenses covered by liquid, non-investment savings.

Coverage	Points	Status
0 months	0	RED
< 1 month	3	RED
1-2 months	6	YELLOW
3 months	10	YELLOW
4-5 months	12	GREEN
6+ months	15	GREEN

Formula: liquid_savings / monthly_expenses = months covered Liquid savings = chequing + savings + Wise (exclude crypto, trading accounts, RRSP)

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Dimension 2 — Debt Health (0-15 pts)

What it measures: Debt-to-income ratio, interest rate burden, good vs bad debt mix.

D/I Ratio	Base Points	Notes
0% (no debt)	15	GREEN
1-15%	12	GREEN
16-30%	9	YELLOW
31-50%	5	YELLOW
> 50%	2	RED

Adjustments:

• All debt is student loans (0% interest via RAP): +2 pts (low-rate, income-protected)
• Any high-interest debt (credit card > 15%): -3 pts per account
• All debt is tax-deductible (Smith Manoeuvre, business loans): +2 pts

Formula: total_debt / annual_gross_income

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Dimension 3 — Savings Rate (0-15 pts)

What it measures: Percentage of gross income saved or invested each month.

Savings Rate	Points	Status
< 5%	2	RED
5-10%	5	RED
11-20%	8	YELLOW
21-30%	11	YELLOW
31-50%	13	GREEN
> 50%	15	GREEN

Note: For early-stage entrepreneurs with variable income, use a 3-month rolling average. Canadian median savings rate: ~5-8%. High earner target: 20-30%. FIRE target: 40-60%.

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Dimension 4 — Tax Efficiency (0-15 pts)

What it measures: How much of available tax optimization is being captured.

Sub-Factor	Max Points	Criteria
Registered account utilization	5	TFSA + FHSA open and contributing
Deduction capture rate	4	Business expenses, CCA, home office claimed
Income structure optimization	3	Optimal split, incorporation at trigger
Proactive planning	3	Installments current, no penalties

Score guide:

• 13-15 pts (GREEN): All accounts open, deductions maximized, proactive quarterly planning
• 9-12 pts (YELLOW): Some accounts unused, deductions partially captured
• 0-8 pts (RED): TFSA/FHSA unused, filing late, missing major deductions, penalties

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Dimension 5 — Insurance Coverage (0-10 pts)

What it measures: Appropriate coverage relative to risk profile and income level.

Coverage Type	Points	Notes
Provincial health (OHIP)	2	Assumed for all Ontario residents
Tenant/renter's insurance	2	Required if renting; covers equipment
Business liability (E&O)	3	Critical for consultants/SaaS providers
Disability / income protection	3	Protects primary income source

Score guide:

• 9-10 pts (GREEN): All relevant coverage in place
• 5-8 pts (YELLOW): Basic coverage, missing one key policy
• 0-4 pts (RED): Major gaps; one event could erase wealth

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Dimension 6 — Income Diversification (0-10 pts)

What it measures: Number of income streams and concentration risk.

# of Active Streams	Base Points	Notes
1 (single source)	2	RED
2	4	YELLOW
3	7	YELLOW
4+	9	GREEN

Adjustments:

• Single client > 80% of revenue: -3 pts (concentration risk)
• Single client 50-80%: -1 pt
• Passive income stream present (dividends, rental, royalties): +1 pt (max 10)
• No concentration risk (no single source > 40%): +1 pt

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Dimension 7 — Net Worth Trajectory (0-10 pts)

What it measures: Net worth growth rate vs age benchmarks and personal targets.

Canadian net worth benchmarks by age:

Age	Median	Top 25%	Top 10%
20-24	$5K-$15K	$30K-$60K	$80K+
25-29	$20K-$50K	$75K-$150K	$200K+
30-34	$60K-$100K	$200K-$350K	$500K+

Scoring:

• Above top 10% for age bracket: 10 pts (GREEN)
• Top 25-10% for age bracket: 8 pts (GREEN)
• Median to top 25%: 6 pts (YELLOW)
• Below median but positive and growing: 4 pts (YELLOW)
• Negative net worth (liabilities > assets): 2 pts (RED)
• Net worth shrinking quarter-over-quarter: 0 pts (RED)

For new users with no prior snapshot: Score based on current position vs benchmark only.

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Dimension 8 — Business Health (0-10 pts)

What it measures: Gross margin, cash runway, revenue growth, concentration. Skip or score 5/10 if user has no business income.

Sub-Factor	Max Points	Criteria
Revenue growth rate	3	> 20%/mo = 3, > 10%/mo = 2, growing = 1
Gross margin	3	> 70% = 3, > 50% = 2, > 30% = 1
Cash runway	2	3+ months expenses covered by business account
Client concentration	2	No single client > 50% = 2, > 50% = 1, > 80% = 0

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Step 3 — Composite Score and Grade

Health Score = sum of all 8 dimensions (max 100)

Score	Grade	Assessment
85-100	A	Financially excellent — optimize and compound
70-84	B	Strong foundation — address yellow flags
55-69	C	Functional but gaps present — immediate action needed
40-54	D	Significant vulnerabilities — prioritize red flags now
0-39	F	Financial emergency — multiple urgent issues

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Step 4 — Red / Yellow / Green Status Flags

After scoring, produce a status table showing each dimension's flag and a one-line finding.

DIMENSION           | SCORE | STATUS  | FINDING
Emergency Fund      | 0/15  | RED     | $0 liquid savings — one event away from crisis
Debt Health         | 11/15 | YELLOW  | OSAP $9K at 0% effective via RAP — low risk but present
Savings Rate        | 5/15  | RED     | Variable income, no consistent savings habit yet
Tax Efficiency      | 11/15 | YELLOW  | FHSA opened, TFSA underused, deductions partially captured
Insurance           | 2/10  | RED     | Only OHIP — no tenant's, no E&O, no disability
Income Diversity    | 4/10  | RED     | 4 streams but 94% Bennett concentration
Net Worth           | 5/10  | YELLOW  | Below age median but young + high-trajectory business
Business Health     | 8/10  | GREEN   | 64.99% MRR growth, high margin SaaS — strong signal

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Step 5 — Benchmark Comparison

Compare the composite score and each dimension against three benchmarks.

Benchmark	Source	Composite Target
Canadian average (age 22)	StatsCan + CRA data	~35-45
High-income earner (age 22, $50K+)	Financial planning industry	~55-65
Entrepreneur benchmark (early-stage)	Startup financial health norms	~50-60

Present as:

Your Score: XX/100 (Grade: X)

vs Canadian average (age 22):   +/- XX points  [ABOVE / BELOW / AT]
vs High-income earner benchmark: +/- XX points  [ABOVE / BELOW / AT]
vs Entrepreneur benchmark:       +/- XX points  [ABOVE / BELOW / AT]

Strongest dimension: [name] — [score/max]
Weakest dimension:   [name] — [score/max]

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Step 6 — Prioritized Action Plan

Rank the top 5 actions by estimated dollar impact (saved, earned, or protected). Format each action identically.

ACTION #1 — [Title]
What:       [One sentence — exactly what to do]
Why:        [One sentence — why this is the highest priority]
Impact:     [Dollar estimate — saved per year, protected, or gained]
Effort:     [Low / Medium / High] | Time: [e.g., "30 minutes", "1 week"]
Status:     [RED flag address / YELLOW optimization / GREEN maintain]
Reference:  [docs/ATLAS_DOCUMENT.md — section name]

Impact estimation rules:

• Always estimate in CAD
• Emergency fund: impact = income protection value (3 months income)
• Insurance gap: impact = risk exposure (e.g., equipment value, annual revenue)
• Tax deduction missed: impact = deduction amount × marginal tax rate
• Registered account unused: impact = annual contribution limit × marginal rate + tax-free growth
• Concentration risk: impact = revenue at risk if largest client churns

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Step 7 — Quarterly Trend Tracking

On Q2/Q3/Q4 runs (when a prior score exists), produce a trend table.

DIMENSION           | Q1 2026 | Q2 2026 | CHANGE | TREND
Emergency Fund      | 0/15    | 3/15    | +3     | IMPROVING
Savings Rate        | 5/15    | 8/15    | +3     | IMPROVING
Tax Efficiency      | 11/15   | 13/15   | +2     | IMPROVING
Insurance           | 2/10    | 2/10    | 0      | STALLED — action needed
Income Diversity    | 4/10    | 7/10    | +3     | IMPROVING — 3 new clients
Net Worth           | 5/10    | 6/10    | +1     | IMPROVING
Business Health     | 8/10    | 9/10    | +1     | IMPROVING
Overall             | 46/100  | 60/100  | +14    | SIGNIFICANT IMPROVEMENT

Trend interpretation:

• +5 or more on a dimension in one quarter: flag as major win — explain why
• 0 change on a RED dimension: flag as stalled — escalate to action plan top slot
• Decline on any GREEN dimension: flag as regression — investigate root cause

Where to store scores: Append a dated entry to memory/LONG_TERM.md after each run.

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Step 8 — CC Current Assessment (Q1 2026 Baseline)

Running the full model against CC's actual numbers from brain/USER.md as of 2026-03-27.

Input Data

Data Point	Value	Source
Age	22	USER.md
Monthly gross income (current)	~$4,100 CAD ($2,982 USD MRR)	USER.md
Monthly expenses (estimated)	~$1,500-$2,000 CAD	USER.md (lives rent-free)
Liquid savings	~$3,300 CAD total	USER.md
OSAP debt	~$9,000 CAD	USER.md
Credit card debt	Unknown (monitored)	Estimate: $500 CAD
TFSA balance	$155.16 CAD	USER.md
FHSA	$0 (just opened)	USER.md
RRSP	$0	USER.md
Crypto (Wealthsimple)	$206.41 CAD	USER.md
Kraken	~$183 CAD	USER.md
Income streams	4 active (OASIS, Nicky's, DJ, Trading)	USER.md
Bennett concentration	~94% of revenue	USER.md
Business growth rate	64.99% MRR growth	USER.md
Insurance	OHIP only (assumed)	Not documented — assumed

Dimension Scores

D1 — Emergency Fund: 0/15 (RED)

• Liquid savings: ~$1,900 USD Wise + ~$155 TFSA + ~$500 RBC chequing (estimated) = ~$3,300 CAD
• Monthly expenses: ~$1,500 CAD (rent-free, frugal baseline)
• Coverage: ~2.2 months
• Score: 6/15 (1-2 months bracket)
• Finding: Thin cushion. One client churn (Bennett = 94% of revenue) = financial emergency within 60 days.

D2 — Debt Health: 11/15 (YELLOW)

• Total debt: ~$9,500 CAD (OSAP $9,000 + estimated $500 credit card)
• Annual gross income: ~$49,200 CAD ($4,100 x 12)
• D/I ratio: ~19%
• Base score: 9 (16-30% bracket)
• Adjustment: OSAP effectively 0% via RAP at current income = +2 pts
• Score: 11/15
• Finding: Manageable debt load. OSAP is low-risk. Watch credit card balance.

D3 — Savings Rate: 5/15 (RED)

• Monthly income: ~$4,100 CAD gross
• Monthly expenses: ~$1,500 CAD estimated
• Implied savings capacity: ~$2,600 CAD but no consistent savings habit documented
• Self-reported: "pretty broke," spending more than he should
• Score: 5/15 (using 5-10% estimate — income is there but savings not flowing to accounts)
• Finding: Income is strong for age 22 but money is not being captured. No automated saving in place.

D4 — Tax Efficiency: 10/15 (YELLOW)

• TFSA: open but $155 (room ~$46K unused) = partial (-1)
• FHSA: just opened March 27, 2026 — $8K room accumulating = +2 (proactive)
• RRSP: unused but low priority at current income level = neutral
• Deductions: CCA, home office, subscriptions — NOT YET CLAIMED for 2025 (unfiled)
• Installments: not yet required at current income
• Score: 10/15
• Finding: FHSA opened is a win. 2025 return unfiled with deductions on the table. TFSA contribution room sitting idle at 0% return.

D5 — Insurance Coverage: 2/10 (RED)

• OHIP (provincial health): 2 pts assumed
• Tenant's insurance: not documented — assumed none (lives with parents, so lower urgency)
• E&O / business liability: none documented — HIGH RISK for AI consultant
• Disability: none documented
• Score: 2/10
• Finding: Major gap. As an AI consultant with $50K+ revenue, a single client dispute or error could result in a lawsuit with zero coverage.

D6 — Income Diversification: 4/10 (RED)

• Active streams: OASIS AI (~94% Bennett), Nicky's part-time, DJ (seasonal), Trading (minimal)
• 4 streams present = base 9 pts
• Bennett > 80% concentration = -3 pts
• Score: 4/10 (was 9, heavily penalized by concentration)
• Finding: 4 streams on paper but effectively a single-client business. Bennett churning = $2,500 USD/mo gone overnight. Diversification is the single biggest financial risk.

D7 — Net Worth Trajectory: 4/10 (YELLOW)

• Current net worth: ~$3,300 CAD assets - ~$9,500 liabilities = approximately -$6,200 CAD
• Age 22 Canadian median: $5K-$15K positive
• Currently below median (negative net worth)
• However: trajectory is sharply positive — income scaling from $0 to ~$50K in 12 months
• Score: 4/10 (below median, but positive growth trajectory earns partial credit)
• Finding: Technically negative net worth but entirely attributable to OSAP. Business trajectory puts CC in top 10% for age 22 within 12-18 months if income holds.

D8 — Business Health: 8/10 (GREEN)

• Revenue growth: 64.99% MRR growth = 3/3
• Gross margin: SaaS/consulting margins typically 70-85% = 3/3
• Cash runway: ~2 months Wise balance = 1/2 (thin but not critical)
• Client concentration: Bennett > 80% = 0/2
• Score: 7/10 (capped by concentration)
• Finding: Exceptional growth rate for a 22-year-old solo founder. Margin profile is strong. Concentration is the only real business health concern.

Composite Score

D1 Emergency Fund:    6/15
D2 Debt Health:      11/15
D3 Savings Rate:      5/15
D4 Tax Efficiency:   10/15
D5 Insurance:         2/10
D6 Income Diversity:  4/10
D7 Net Worth:         4/10
D8 Business Health:   7/10
----------------------------
TOTAL:               49/100   Grade: D

Benchmark Comparison

CC's Score: 49/100 (Grade: D)

vs Canadian average (age 22):    ~35-45  — ABOVE average  (+4 to +14 pts)
vs High-income earner benchmark: ~55-65  — BELOW target   (-6 to -16 pts)
vs Entrepreneur benchmark:       ~50-60  — AT/BELOW range (-1 to -11 pts)

Strongest dimension: Debt Health (11/15) — OSAP is structured and low-risk
Weakest dimension:   Insurance (2/10)    — Largest absolute gap from ideal
Biggest opportunity: Emergency Fund + Savings Rate — both fixable with income that already exists

CC's Prioritized Action Plan (Q1 2026)

ACTION #1 — Get E&O/Professional Liability Insurance
What:    Purchase a professional liability (Errors & Omissions) policy for OASIS AI Solutions.
Why:     One client lawsuit with zero coverage could wipe out all assets plus future earnings.
         At $50K+ AI consulting revenue, this is non-negotiable.
Impact:  Protects ~$50K-$200K in annual revenue; eliminates existential financial risk.
Effort:  Low | Time: 1-2 hours online (BFL Canada, Hiscox, or broker quote)
Status:  RED — immediate action required
Reference: docs/ATLAS_INSURANCE_ESTATE_PROTECTION.md — Professional Liability section

ACTION #2 — Build a $4,500 Emergency Fund (3 months)
What:    Automate $500/month from Wise USD transfers → RBC TFSA until $4,500 CAD reached.
Why:     Bennett represents 94% of revenue. One conversation could end $2,500 USD/mo overnight.
         Currently 2.2 months coverage — needs to reach 3 months minimum.
Impact:  Protects ~3 months of expenses ($4,500); prevents debt spiral on client loss.
Effort:  Low | Time: 15 minutes to set up auto-transfer
Status:  RED — structural vulnerability
Reference: skills/financial-planning/SKILL.md — Emergency Fund targets

ACTION #3 — File 2025 Tax Return with All Deductions (Before June 15, 2026)
What:    File T1 + T2125 with CCA (computer $989.25, Class 50), home office, all subscriptions,
         OSAP interest (Line 31900), and DJ expenses. Use Wealthsimple Tax → NETFILE.
Why:     Every month of delay costs refund dollars and keeps deductions unclaimed.
         Estimated $800-$1,500 CAD in deductions + $541 CPP self-employed credit.
Impact:  $800-$1,500 CAD refund/savings; cleans CRA record before installments become required.
Effort:  Medium | Time: 2-4 hours with Atlas guiding each line
Status:  YELLOW — deadline June 15, payment due April 30
Reference: docs/ATLAS_DEDUCTIONS_MASTERLIST.md — T2125 checklist

ACTION #4 — Start Putting Money Into TFSA (Target $500/month)
What:    Open automatic monthly contribution from RBC to Wealthsimple TFSA.
         Buy XEQT (all-equity ETF) — one holding, no decisions needed.
Why:     $46K of TFSA room is sitting at 0%. Every dollar in there compounds tax-free forever.
         At 22, this is the single highest long-term wealth building action available.
Impact:  $500/month compounding at 8% for 40 years = ~$1.6M tax-free at age 62.
         More immediately: $6,000/year growing tax-free vs taxable account saves ~$200-$300/yr in tax now.
Effort:  Low | Time: 20 minutes to set up
Status:  YELLOW — optimization opportunity
Reference: docs/ATLAS_TAX_STRATEGY.md — Strategy 1 (TFSA maximization)

ACTION #5 — Diversify Revenue Away from Bennett (1 new client target by June 2026)
What:    Land 1 new paying client (minimum $500 USD/mo) through Bravo's pipeline by June 2026.
         This moves Bennett from 94% concentration to ~83% — not perfect but trending right.
Why:     Concentration risk is the single largest threat to CC's financial plan. Every dollar of
         diversification reduces dependency and makes the business financeable/sellable later.
Impact:  $6,000+ USD/year in new revenue; reduces single-client failure risk by ~15%.
Effort:  High | Time: Ongoing — delegate strategy to Bravo (CEO agent)
Status:  RED — systemic business risk
Reference: docs/ATLAS_BUSINESS_STRUCTURES.md — client concentration risk section

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Output Format

Always end a health check with this summary block:

ATLAS FINANCIAL HEALTH CHECK — [Date] — [Quarter]
Score: XX/100 — Grade: [A/B/C/D/F]
Strongest: [dimension] ([score/max])
Weakest:   [dimension] ([score/max])
REDs:      [count] — [dimension names]
YELLOWs:   [count] — [dimension names]
GREENs:    [count] — [dimension names]
Top action: [Action #1 title] — est. $[impact] impact
Next check: [Date of next quarterly run]

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Document References

Doc	Relevant Dimensions
docs/ATLAS_TAX_STRATEGY.md	Tax Efficiency (D4)
docs/ATLAS_DEDUCTIONS_MASTERLIST.md	Tax Efficiency (D4) — filing
docs/ATLAS_INSURANCE_ESTATE_PROTECTION.md	Insurance (D5)
docs/ATLAS_BOOKKEEPING_SYSTEMS.md	Business Health (D8), Savings Rate (D3)
docs/ATLAS_DEBT_LEVERAGE_STRATEGY.md	Debt Health (D2)
docs/ATLAS_INCOME_SCALING_PLAYBOOK.md	Income Diversification (D6)
docs/ATLAS_WEALTH_PLAYBOOK.md	Net Worth Trajectory (D7)
docs/ATLAS_TREATY_FIRE_STRATEGY.md	Net Worth Trajectory (D7) — FIRE endgame
skills/financial-planning/SKILL.md	Emergency Fund (D1), FIRE targets
skills/income-tier-monitoring/SKILL.md	Tax Efficiency (D4), tier thresholds
skills/accounting-advisor/SKILL.md	Business Health (D8), deduction capture