Personal Finance Survey Pt 1 (May 15, 2014)

1. In the past 3 months, I spent less than I earned:

All 3 months

I have no idea if I spent less than I earned

A few of the past 3 months

None of the past 3 months

2. If I suddenly had no income for 6 months:

I have enough money set aside to get through

I would have to borrow from family or friends

I have some money but would have to use credit cards

I haven't really thought about what I would do

3. How do you normally handle your credit card bill?

I pay off the entire balance

I try to pay off the balance if I can, but not always

I pay the minimum

I don't have credit cards

I throw it in a pile of other bills and forget about it

4. When it comes to getting a loan:

I shop around to get the best interest rate

I take whatever looks best to me

It would be difficult for me to get a loan

I don't know what would happen

5. My approach for retirement savings is:

I am saving based on a goal amount

I am saving but I have no idea if it’s enough

I’ll deal with saving for retirement at a later time

I know I need to but I can't afford it right now

6. Do you have any specific financial goals?

I don’t have any; I’m focused on day-to-day

I have goals in mind, but haven’t done anything yet

I am currently working towards a specific financial goal

7. If there is a $50 transaction in my checking account and I don't recognize it:

I notice immediately and research it

I would probably never notice

8. My experience with payday loans has been:

I have used one in the past year

I have not used one in the past year

I have used more than one in the past year

9. When it comes to saving money:

It's difficult because I need the money now

It's something I do when I can

It's set aside from my paycheck

I don't have any savings and I'm not concerned

10. When I get a bill:

I examine it and pay it immediately

I’ll eventually pay it in a week or so

Worry about how I’m going to pay it

I ignore it

11. When it comes to debt:

I know how much I owe along with the interest rates

I know how much I owe but not the interest rates

I don't really think about how much I owe

I know how much I owe and it's hard for me to keep up with it

12. If I want a big-ticket item but can't afford it at the moment:

I save for it and price-shop in the meantime

If I think I'll have the money in the next few months, I'll put it on a credit card now

I forget about it because I could never afford it

I buy it immediately

13. When deciding on how to invest my retirement savings:

I feel like I've made an educated decision but will probably revisit

I pick whatever seems reasonable and move on

I don't have any savings

14. When you think about your current financial situation how do you feel:

Confident

Stressed out

I don't really think about my finances