A bank stress test is an analysis conducted under hypothetical unfavorable economic scenarios, such as a deep recession or financial crisis, designed to determine whether a bank has enough capital to withstand the impact of adverse economic developments. I was wondering why not to apply this process to the personal finance and I made Fintest (just a MVP). This is my first ever entrepreneurial venture, I’m really nervous but I decided to start small. Fintest takes a holistic view of your finances to make sure you’re not only financially stable but able to handle almost anything thrown your way. With this in mind, I’ve created a model which starting from macroeconomic scenarios and risk events (parameterizable), stress your money and push you into crash mode, and then, it will help you cope or recover from that.

fintest
Fintest takes a holistic view of your finances to make sure you’re financially stable

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