Determining the financial health scores of individuals: A pilot application in Gümüşhane province

The concept of finance literally means money, money derivatives, financial affairs. However, in practice, companies are activities related to the provision and effective use of people's funds under appropriate conditions. Rather than the definition of finance in daily life, how we position it and the main point in our lives is the way we make financial decisions. We can use financial decision making to meet the needs of individuals or companies and to carry out financial activities in the most appropriate way in order to evaluate their investments. Individuals have begun to need a certain level of financial education even to maintain their daily lives. With these needs, concepts such as financial awareness, financial literacy and financial health have emerged. The concept of financial health is a current concept that has emerged today. However, studies show that individuals strive to keep their financial health well, especially as a result of rising consumption expenditures. From this point of view, the aim of the study is; It is the ability of individuals to reach up-to-date information about their financial status by determining their financial health scores. In the study, Financial Health Index Model (FHIM) developed by the members of Gümüşhane University Accounting-Finance Department was used. Gümüşhane University employees were included in the scope of the study. The data used in the model were collected with the OECD/INFE Financial Literacy Scale.As a result of the study, the average financial health scores of individuals working at Gümüşhane University were determined as 64,1432. This score found is in the high score range above the average score. We can say that the majority of university personnel are in a healthy financial situation due to their high education levels and income. Keywords: Financial awareness, Financial decision, Financial literacy, Financial health, FHIM