SHARE:
finances
| Variable | Question text | Label |
|---|---|---|
| F001 | Which of the following best describes your household finances? Do the adults in this household… | HOUSEHOLD FINANCES DESCRIPTION |
| F002 | How much do you participate in making financial decisions for your household? | PARTICIPATION IN FINANCIAL DECISIONS |
| F003 | In the last 12 months, how often were you able to easily predict your household’s income for the following month? | HOW EASILY ABLE TO PREDICT HH MONTHLY INCOME |
| F004 | In the last 12 months, which of the following statements best describes how your household’s income varied from month to month, if at all? My household's income: | HH MONTHLY INCOME VARIATION |
| F005 | In the last 12 months, how often did you receive your main source of income every month? | INCOME FREQUENCY |
| F006 | In the last 12 months, when did you receive regularly your main source of income every month for the first time? | INCOME FREQUENCY WEEK |
| F007A | Wages and salaries | INCOME SOURCES--WAGES AND SALARIES |
| F007B | Self-employment | INCOME SOURCES--SELF-EMPLOYMENT |
| F007C | Occasional work activities or side jobs (do not include income from UAS) | INCOME SOURCES--SIDE WORK |
| F007D | Interest, dividends, or rental income | INCOME SOURCES--INTEREST, DIVIDENTS, RENTAL INCOME |
| F007E | Social security, Supplemental Security (SSI), or disability, retirement or pension income, unemployment income, public assistance or welfare | INCOME SOURCES--SOCIAL SECURITY, RETIREMENT, PUBLIC ASSISTANCE |
| F007F | Any other income | INCOME SOURCES--ANY OTHER INCOME |
| F008A_DK | MONTHLY NET INCOME FROM SPOUSE/PARTNER WAGES--DK | |
| F008A_R | Wages or salaries | MONTHLY NET INCOME FROM RESPONDENT WAGES |
| F008A_S | MONTHLY NET INCOME FROM SPOUSE/PARTNER WAGES | |
| F008B_DK | MONTHLY NET INCOME FROM SPOUSE/PARTNER SELF EMPLOYMENT--DK | |
| F008B_R | Self-employment | MONTHLY NET INCOME FROM RESPONDENT SELF EMPLOYMENT |
| F008B_S | MONTHLY NET INCOME FROM SPOUSE/PARTNER SELF EMPLOYMENT | |
| F008C_DK | MONTHLY NET INCOME FROM SPOUSE/PARTNER SIDE JOBS--DK | |
| F008C_R | Occasional work activities or side jobs (do not include income from UAS) | MONTHLY NET INCOME FROM RESPONDENT SIDE JOBS |
| F008C_S | MONTHLY NET INCOME FROM SPOUSE/PARTNER SIDE JOBS | |
| F008D_DK | MONTHLY NET INCOME FROM SPOUSE/PARTNER INTEREST--DK | |
| F008D_R | Interest, dividends, or rental income | MONTHLY NET INCOME FROM RESPONDENT INTEREST |
| F008D_S | MONTHLY NET INCOME FROM SPOUSE/PARTNER INTEREST | |
| F008E_DK | MONTHLY NET INCOME FROM SPOUSE/PARTNER SOCIAL SECURITY--DK | |
| F008E_R | Social security, Supplemental Security (SSI), or disability, retirement or pension income, unemployment income, public assistance or welfare | MONTHLY NET INCOME FROM RESPONDENT SOCIAL SECURITY |
| F008E_S | MONTHLY NET INCOME FROM SPOUSE/PARTNER SOCIAL SECURITY | |
| F008F_DK | MONTHLY NET INCOME FROM SPOUSE/PARTNER OTHER INCOME--DK | |
| F008F_R | Any other income | MONTHLY NET INCOME FROM RESPONDENT OTHER INCOME |
| F008F_S | MONTHLY NET INCOME FROM SPOUSE/PARTNER OTHER INCOME | |
| F009A_Amt | Rent/mortgage | REGULAR MONTHLY SPENDING ON RENT/MORTGAGE |
| F009A_NoSpend | RENT/MORTGAGE--DIDN'T SPEND REGULARLY | |
| F009B_Amt | Housing related expenses (electricity, gas, water, maintenance or repairs, phone, cellphone, internet, insurance, Home Owner Association fees) | REGULAR MONTHLY SPENDING ON HOUSING RELATED EXPENSES |
| F009B_NoSpend | HOUSING RELATED EXPENSES--DIDN'T SPEND REGULARLY | |
| F009C_Amt | Transportation (car payment, car insurance, gasoline, other fuels, bus/metro/taxi rides) | REGULAR MONTHLY SPENDING ON TRANSPORTATION |
| F009C_NoSpend | TRANSPORTATION--DIDN'T SPEND REGULARLY | |
| F009D_Amt | Education and childcare (tuition and fees, materials, wages) | REGULAR MONTHLY SPENDING ON EDUCATION/CHILDCARE |
| F009D_NoSpend | EDUCATION AND CHILDCARE--DIDN'T SPEND REGULARLY | |
| F009E_Amt | Health (medical bills, medicines, co-pay, health insurance payment) | REGULAR MONTHLY SPENDING ON HEALTH |
| F009E_NoSpend | HEALTH--DIDN'T SPEND REGULARLY | |
| F009F_Amt | Groceries (food, beverages, snacks, and cleaning supplies for the house) | REGULAR MONTHLY SPENDING ON GROCERIES |
| F009F_NoSpend | GROCERIES--DIDN'T SPEND REGULARLY | |
| F009G_Amt | Eating out (restaurants, coffee shops, etc.) | REGULAR MONTHLY SPENDING ON EATING OUT |
| F009G_NoSpend | EATING OUT--DIDN'T SPEND REGULARLY | |
| F009H_Amt | Any other expense (entertainment and recreation, clothing and personal care, etc.) | REGULAR MONTHLY SPENDING ON ANY OTHER EXPENSE |
| F009H_NoSpend | ANY OTHER EXPENSE--DIDN'T SPEND REGULARLY | |
| F010 | Do you (and your spouse/and your partner) own your home, rent it, or what? | OWN OR RENT HOME |
| F011 | If you own your home, what is its present value? What would it bring if it were sold today? Please enter zero if your home currently has no value. | HOME PRESENT VALUE |
| F012 | Do you (and your spouse/and your partner) own anything for transportation, like cars, trucks, a trailer, a motor home, or a boat? Do not include leased vehicles. | OWN TRANSPORTATION |
| F013 | What are they worth altogether, minus anything you still owe on them? Please enter zero if your transportation currently has no value. | TRANSPORTATION TOTAL VALUE |
| F014A | Checking account | HAVE CHECKING ACCOUNT |
| F014B | Savings account | HAVE SAVINGS ACCOUNT |
| F014C | Savings in cash | HAVE SAVINGS IN CASH |
| F014D | Retirement account (401k, 403b, IRA) or employer-provided traditional pension | HAVE RETIREMENT ACCOUNT |
| F014E | Other personal savings or investments such as mutual funds, money market accounts, stocks, certificates of deposit, or annuities, etc. | HAVE OTHER PERSONAL SAVINGS |
| F014F | Other financial assets or accounts excluding real estate or housing (please specify)~F014F_other | HAVE OTHER FINANCIAL ASSETS |
| F014G | Cash in wallet/purse/pocket | HAVE CASH IN WALLET/PURSE/POCKET |
| F015A_DK_R | CURRENT VALUE OF CHECKING ACCOUNT--DK RESPONDENT | |
| F015A_DK_S | CURRENT VALUE OF CHECKING ACCOUNT--DK SPOUSE/PARTNER | |
| F015A_R | Checking account | CURRENT VALUE OF CHECKING ACCOUNT RESPONDENT |
| F015A_S | CURRENT VALUE OF CHECKING ACCOUNT SPOUSE/PARTNER | |
| F015B_DK_R | CURRENT VALUE OF SAVINGS ACCOUNT--DK RESPONDENT | |
| F015B_DK_S | CURRENT VALUE OF SAVINGS ACCOUNT--DK SPOUSE/PARTNER | |
| F015B_R | Savings account | CURRENT VALUE OF SAVINGS ACCOUNT RESPONDENT |
| F015B_S | CURRENT VALUE OF SAVINGS ACCOUNT SPOUSE/PARTNER | |
| F015C_DK_R | CURRENT VALUE OF SAVINGS IN CASH--DK RESPONDENT | |
| F015C_DK_S | CURRENT VALUE OF SAVINGS IN CASH--DK SPOUSE/PARTNER | |
| F015C_R | Savings in cash | CURRENT VALUE OF SAVINGS IN CASH RESPONDENT |
| F015C_S | CURRENT VALUE OF SAVINGS IN CASH SPOUSE/PARTNER | |
| F015D_DK_R | CURRENT VALUE OF RETIREMENT ACCOUNT--DK RESPONDENT | |
| F015D_DK_S | CURRENT VALUE OF RETIREMENT ACCOUNT--DK SPOUSE/PARTNER | |
| F015D_R | Retirement account (401k, 403(b), IRA) or employer-provided traditional pension | CURRENT VALUE OF RETIREMENT ACCOUNT RESPONDENT |
| F015D_S | CURRENT VALUE OF RETIREMENT ACCOUNT SPOUSE/PARTNER | |
| F015E_DK_R | CURRENT VALUE OF OTHER PERSONAL SAVINGS/INVESTMENTS--DK RESPONDENT | |
| F015E_DK_S | CURRENT VALUE OF OTHER PERSONAL SAVINGS/INVESTMENTS--DK SPOUSE/PARTNER | |
| F015E_R | Other personal savings or investments such as mutual funds, money market accounts, stocks, certificates of deposit, or annuities, etc. | CURRENT VALUE OF OTHER PERSONAL SAVINGS/INVESTMENTS RESPONDENT |
| F015E_S | CURRENT VALUE OF OTHER PERSONAL SAVINGS/INVESTMENTS SPOUSE/PARTNER | |
| F015F_DK_R | CURRENT VALUE OF OTHER ASSETS/ACCOUNTS--DK RESPONDENT | |
| F015F_DK_S | CURRENT VALUE OF OTHER ASSETS/ACCOUNTS--DK SPOUSE/PARTNER | |
| F015F_R | Other financial assets or accounts excluding real estate or housing: ^FLF015F | CURRENT VALUE OF OTHER ASSETS/ACCOUNTS RESPONDENT |
| F015F_S | CURRENT VALUE OF OTHER ASSETS/ACCOUNTS SPOUSE/PARTNER | |
| F015G_DK_R | CURRENT VALUE OF CASH IN WALLET/PURSE/POCKET--DK RESPONDENT | |
| F015G_DK_S | CURRENT VALUE OF CASH IN WALLET/PURSE/POCKET--DK SPOUSE/PARTNER | |
| F015G_R | Cash in wallet/purse/pocket | CURRENT VALUE OF CASH IN WALLET/PURSE/POCKET RESPONDENT |
| F015G_S | CURRENT VALUE OF CASH IN WALLET/PURSE/POCKET SPOUSE/PARTNER | |
| F016A | Auto loans | TYPES OF DEBT--AUTO LOANS |
| F016B | Student loans | TYPES OF DEBT--STUDENT LOANS |
| F016C | Outstanding credit card balances carried over from previous months | TYPES OF DEBT--CREDIT CARD BALANCES |
| F016D | Medical debts | TYPES OF DEBT--MEDICAL DEBTS |
| F016E | Mortgages and home equity line of credit | TYPES OF DEBT--MORTGAGES |
| F016F | Other loans (including payday loans, auto title loans, pawnshops loans, and excluding the loans listed above) | TYPES OF DEBT--OTHER LOANS |
| F016G | Money borrowed from family and friends | TYPES OF DEBT--MONEY BORROWED |
| F016H | Other debts not listed, please specify:~F016H_other | TYPES OF DEBT--OTHER DEBTS NOT LISTED |
| F017A_Amt | Auto loans | DEBT AMOUNT--AUTO LOANS |
| F017A_DK | DEBT AMOUNT--AUTO LOANS DK | |
| F017B_Amt | Student loans | DEBT AMOUNT--STUDENT LOANS |
| F017B_DK | DEBT AMOUNT--STUDENT LOANS DK | |
| F017C_Amt | Outstanding credit card balances carried over from previous months | DEBT AMOUNT--CREDIT CARD BALANCES |
| F017C_DK | DEBT AMOUNT--CREDIT CARD BALANCES DK | |
| F017D_Amt | Medical debts | DEBT AMOUNT--MEDICAL DEBTS |
| F017D_DK | DEBT AMOUNT--MEDICAL DEBTS DK | |
| F017E_Amt | Mortgages and home equity line of credit | DEBT AMOUNT--MORTGAGES |
| F017E_DK | DEBT AMOUNT--MORTGAGES DK | |
| F017F_Amt | Other loans (including payday loans, auto title loans, pawnshops loans, and excluding the loans listed above) | DEBT AMOUNT--OTHER LOANS |
| F017F_DK | DEBT AMOUNT--OTHER LOANS DK | |
| F017G_Amt | Money borrowed from family or friends | DEBT AMOUNT--MONEY BORROWED |
| F017G_DK | DEBT AMOUNT--MONEY BORROWED DK | |
| F017H_Amt | Other debts not listed, please specify:^FLF017H | DEBT AMOUNT--OTHER DEBTS NOT LISTED |
| F017H_DK | DEBT AMOUNT--OTHER DEBT NOT LISTED DK | |
| F018 | Overall, which one of the following best describes how well you are managing financially these days? | HOW MANAGING FINANCIALLY |
| F019 | Which best describes your ability to pay all of your bills in full this month? | ABILITY TO PAY ALL BILLS THIS MONTH |
| F020A | Because of my money situation, I feel like I will never have the things I want in life | WILL NEVER HAVE THE THINGS I WANT |
| F020B | I am just getting by financially | JUST GETTING BY FINANCIALLY |
| F020C | I am concerned that the money I have or will save won't last | CONCERNED MONEY WON'T LAST |
| F021A | I have money left over at the end of the month | MONEY LEFT OVER |
| F021B | My finances control my life | FINANCES CONTROL LIFE |
| F022A | I worried whether our food would run out before I got money to buy more | WORRIED FOOD WOULD RUN OUT |
| F022B | We had trouble paying our rent or mortgage | TROUBLE PAYING RENT/MORTGAGE |
| F022C | I or someone in my household did not get healthcare we needed because we couldn’t afford it | COULDN'T AFFORD NEEDED HEALTHCARE |
| F023A | a money order | USED MONEY ORDER |
| F023B | a check-cashing service | USED CHECK-CASHING SERVICE |
| F023C | a tax refund anticipation loan | USED TAX REFUND LOAN |
| F023D | a pawn shop loan, a payday loan, an auto title loan, or a paycheck advance/deposit advance | USED PAWN SHOP/PAYDAY/AUTO TITLE LOAN |
| F024 | In the past 12 months, have you or someone in your household used your mobile phone to check a bank account balance or recent transaction, either through the bank’s mobile website or the bank’s mobile app? | USED PHONE TO CHECK ACCOUNT |
| F025 | Does your household use a budget or other type of plan to track and manage your spending? | HOUSEHOLD USE A BUDGET |
| F026 | Does your household use automatic money transfers to transfer money to savings or investments? | USE AUTOMATIC MONEY TRANSFERS |
| F027 | Do you have at least one credit card? | HAVE AT LEAST ONE CREDIT CARD |
| F028 | In the past 12 months, how frequently have you carried an unpaid balance on one or more of your credit cards? | HOW FREQUENTLY CARRIED AN UNPAID CREDIT CARD BALANCE |
| F029 | In the past 12 months, how frequently have you paid only the minimum payment on one or more of your credit cards? | HOW FREQUENTLY PAID THE CREDIT CARD MINIMUM |
| F030 | Have you set aside emergency or rainy day funds that would cover your expenses for 3 months in case of sickness, job loss, economic downturn, or other emergencies? | SET ASIDE EMERGENCY FUNDS FOR 3 MONTHS |
| F031 | If you were to lose your main source of income (e.g. job, government benefits), could you cover your expenses for 3 months by borrowing money, using savings, selling assets, or borrowing from friends/family? | EMERGENCY SAVINGS TO COVER EXPENSES |
| F032 | Suppose that you have an emergency expense that costs $400. Based on your current financial situation, how would you pay for this expense? If you would use more than one method to cover this expense, please select all that apply. | Put it on my credit card and pay it off in full at the next statement |
| F033 | Has your household attempted to calculate how much you currently need to save for retirement? | HOUSEHOLD CALCULATED NEEDED RETIREMENT SAVINGS |
| F034 | Which of the following statements best describes how your household’s total spending compared to total income, over the last 12 months? | SPENDING COMPARISON TO TOTAL INCOME |
| F035 | Which of the following statements best describes how your household has paid its bills over the last 12 months? | HOW HOUSEHOLD PAID BILLS ON TIME |
| F036 | At your current level of spending, how long could you and your household afford to cover expenses, if you had to live only off the money you have readily available, without withdrawing money from retirement accounts or borrowing? | HOW LONG COVER EXPENSES WITH CURRENT SPENDING |
| F037 | Thinking about your household’s longer term financial goals such as saving for a vacation, starting a business, buying or paying off a home, saving up for education, putting money away for retirement, or making retirement funds last… How confident are you that your household is currently doing what is needed to meet your longer term goals? | DOING WHAT IS NEEDED FOR LONG TERM GOALS |
| F038 | Now thinking about all of your household’s current debts, including mortgages, bank loans, student loans, money owed to people, medical debt, past-due bills, and credit card balances that are carried over from prior months … As of today, which of the following statements describes how manageable your household debt is? | HOUSEHOLD DEBT MANAGEABILITY |
| F039 | How would you rate your credit score? Your credit score is a number that tells lenders how risky or safe you are as a borrower. | RATE OWN CREDIT SCORE |
| F040 | Thinking about all of the types of personal and household insurance you and others in your household have, how confident are you that those insurance policies will provide enough support in case of an emergency? | INSURANCE COVERAGE WILL PROVIDE ENOUGH SUPPORT |
| F041 | To what extent do you agree or disagree with the following statement: “My household plans ahead financially.” | HOUSEHOLD PLANS AHEAD FINANCIALLY |
| F042 | Have you or anyone in your household ever talked with a financial planner or advisor or coach? | TALKED WITH FINANCIAL PLANNER |
| F043 | How frequently did your family struggle financially while you were growing up? | FAMILY STRUGGLED FINANCIALLY GROWING UP |
| F044 | How frequently did your family discuss financial matters with you or around you while you were growing up? | FAMILY DISCUSSED FINANCIAL MATTERS WHEN GROWING UP |
| F045 | Imagine that the interest rate on your savings account was 1% per year and inflation was 2% per year. After 1 year, how much would you be able to buy with the money in this account? | INTEREST VS INFLATION |
| F046 | Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much do you think you would have in the account if you left the money to grow? | SAVINGS INTEREST RATE GROWTH |
| F047 | Do you think the following statement is true or false?
“Buying a single company’s stock usually provides a safer return than a stock mutual fund.” | COMPANY STOCK VS STOCK MUTUAL FUND |
| cfsi_scoring_f034 | ARRAY TO SCORE CFSI SPEND QUESTION F034 | |
| cfsi_scoring_f035 | ARRAY TO SCORE CFSI SPEND QUESTION F035 | |
| cfsi_scoring_f036 | ARRAY TO SCORE CFSI SAVE QUESTION F036 | |
| cfsi_scoring_f037 | ARRAY TO SCORE CFSI SAVE QUESTION F037 | |
| cfsi_scoring_f038 | ARRAY TO SCORE CFSI BORROW QUESTION F038 | |
| cfsi_scoring_f039 | ARRAY TO SCORE CFSI BORROW QUESTION F039 | |
| cfsi_scoring_f040 | ARRAY TO SCORE CFSI PLAN QUESTION F040 | |
| cfsi_scoring_f041 | ARRAY TO SCORE CFSI PLAN QUESTION F041 | |
| financial_health_borrow_subscore | FINANCIAL HEALTH BORROW SUB-SCORE | FINANCIAL HEALTH SCALE--BORROW SUB-SCORE |
| financial_health_plan_subscore | FINANCIAL HEALTH PLAN SUB-SCORE | FINANCIAL HEALTH SCALE--PLAN SUB-SCORE |
| financial_health_save_subscore | FINANCIAL HEALTH SAVE SUB-SCORE | FINANCIAL HEALTH SCALE--SAVE SUB-SCORE |
| financial_health_spend_subscore | FINANCIAL HEALTH SPEND SUB-SCORE | FINANCIAL HEALTH SCALE--SPEND SUB-SCORE |
| financial_health_totalscore | FINANCIAL HEALTH TOTAL SCORE | FINANCIAL HEALTH TOTAL SCORE |
| score_f034 | F034 SCORE | CFSI SCORED VALUE FOR F034 |
| score_f035 | F035 SCORE | CFSI SCORED VALUE FOR F035 |
| score_f036 | F036 SCORE | CFSI SCORED VALUE FOR F036 |
| score_f037 | F037 SCORE | CFSI SCORED VALUE FOR F037 |
| score_f038 | F038 SCORE | CFSI SCORED VALUE FOR F038 |
| score_f039 | F039 SCORE | CFSI SCORED VALUE FOR F039 |
| score_f040 | F040 SCORE | CFSI SCORED VALUE FOR F040 |
| score_f041 | F041 SCORE | CFSI SCORED VALUE FOR F041 |