SHARE:
concepts
| Variable | Question text | Label |
|---|---|---|
| cn001 | On a scale from 1 to 7, how would you assess your overall financial knowledge?
| overall financial knowledge |
| cn002 | How strongly do you agree or disagree with the following statement? "The economic uncertainty created by COVID-19 has motivated me to increase my financial literacy." | covid motivated to increase financial literacy |
| cn003 | 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? | $100 after 5 years |
| cn004 | Suppose you owe $1,000 on a loan and the interest rate you are charged is 20% per year compounded annually. If you didn’t pay anything off, at this interest rate, how many years would it take for the amount you owe to double? | loan amount owed |
| cn005 | Buying a single company's stock usually provides a safer return than a stock mutual fund. | single stock safer return than mutual fund |
| cn006 | 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? | savings account amount after interest |
| cn007 | Suppose you had $100 in a checking account that pays no interest. If you withdrew 5 percent of what was left in the account each year, how much do you think you would have left in the account at the end of 2 years? | amount in checking account after withdrawal 5% |
| cn008 | Which of the following indicates the highest probability of getting a particular disease? | highest probability getting diseases |
| cn009 | Would you say that your oldest brother/sister is in worse, better, or about the same financial condition than you? | oldest sibling financial situation |
| cn010 | How would you assess your parents’ understanding of financial matters during their prime working years, i.e., when they were 40-60 years old? Please refer to the parent that is (or was) mostly responsible for major financial decisions (on a 7-point scale: 1 means very low and 7 means very high). | assessment of parents' understanding of financial matters--scale |
| cn010_DK | assessment of parents' understanding of financial matters--DK/NA | |
| cn010_scale | How would you assess your parents’ understanding of financial matters during their prime working years, i.e., when they were 40-60 years old? Please refer to the parent that is (or was) mostly responsible for major financial decisions (on a 7-point scale: 1 means very low and 7 means very high). | assessment of parents' understanding of financial matters--scale |
| cn011_nolivsib | age difference between Resp and oldest living sibling--No living sibling | |
| cn011_older | What is the age difference between you and your oldest living sibling? | oldest living sibling--number of years older than you |
| cn011_younger | oldest living sibling--number of years younger than you |