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home › Smart About Money Polls › Smart About Money Polls - Archives

Financial responsibilities 2012

1. If you could forgo one financial responsibility, what would it be?

Balancing the checkbook  10%
Paying monthly bills  44%
Budgeting for a big ticket item  17%
Doing taxes  29%

SAVINGS PRIORITIES 2012

1. Which area of savings is your highest priority right now?

Emergency fund  41%
Vacation  15%
Retirement  39%
Children's college fund  4%

financial goals 2012

1. What’s preventing you from achieving your financial goals?

Keeping up with everyday expenses.  26%
Paying off my debt.  24%
Unexpected costs such as emergencies or health care.  19%
My lack of discipline.  31%

New Year's 2012

1. Who would you choose as your "financial buddy?"

Spouse  46%
Sibling  8%
Friend  8%
Co-worker  17%
Parent  12%
Other  8%

Holiday 2011

1. What’s your biggest holiday expense?

Gifts for my family  68%
Gifts for friends/co-workers/others  5%
Food/groceries for holiday meals  18%
Travel  9%
Hosting a holiday party  0%
Decorating  0%
Holiday greeting cards  0%

Thanksgiving 2011

1. What are you thankful for?

My family  36%
My job  19%
My home  20%
My faith  23%
Other (please comment below)  2%

FINANCIAL FEARS 2011

1. What is your greatest financial fear?

Being struck by an unexpected health crisis (injury, serious illness)  36%
Something catastrophic happening to my home  7%
Losing my home because I can’t make payments  13%
Having my car break down  7%
Losing my investments to a plummeting stock market  24%
Not being able to take care of my aging parents  4%
Other  9%

American dream 2011

1. What's your "American Dream?"

Having enough money for retirement  23%
Owning a home  18%
Retiring early  11%
Paying for my child's education  10%
Having money to invest  5%
Paying off my student loans  11%
Starting my own business  13%
Owning a car  2%
Other  8%

Back to School 2011

1. What financial skill is most important to teach children?

Understanding wants and needs  18%
Spending less than you make  47%
Saving and the power of compound interest  21%
The value of a hard day's work  15%

national retirement planning month 2011

1. How old were you when you opened your first 401(k) or other retirement plan?

18 to 24 years old  49%
25 to 32 years old  37%
33 to 39 years old  7%
40 to 45 years old  5%
401 what?  3%

WEDDING SEASON 2011

1. How many weddings will you attend this season?

None  22%
A couple (1-2)  43%
Several (3-4)  22%
Many (5 or more)  13%

college savings 2011

1. When did you (or when will you) start saving for your child's college fund?

Before he or she was (is) born  7%
When he or she was (is) born  68%
When he or she was (is) in elementary school  11%
When he or she was (is) in middle school  4%
When he or she was (is) in high school  0%
My child paid (or will be paying) for his or her own education  7%
My child did not go (or will not be going) to college  4%

National Financial Literacy Month 2011

1. Have you ever hired a financial advisor?

Yes  79%
No  0%
I've thought about it but never followed through  21%

2. If yes, for what purpose?

Investing  45%
Co-mingling finances/marriage/divorce  5%
Starting a business  5%
Dealing with a financial crisis  0%
Filing taxes  18%
Saving (college/retirement)  23%
Making a major purchase such as a home  0%
Other  5%

TAX SEASON 2011

1. How will you spend your tax credit extension dollars?

Pad my emergency or other savings account  29%
Pay down debt  31%
Put the money toward my bills  24%
Buy myself something  16%

Financial New Year's Resolutions 2011

1. Will you make a financial New Year's resolution for 2011?

Yes  100%
No  0%

charitable giving 2010

1. Will you give to charity this holiday season?

Yes  96%
No  4%

2. What will you give to charity this holiday season?

A monetary donation  48%
A nonmonetary donation (such as food, clothes, or gifts)  30%
My time (I'm volunteering)  20%
Nothing  2%

holiday shopping 2010

1. When will you start your holiday shopping?

I already started  63%
On Black Friday  17%
In December  17%
The day before the holiday  3%

HOUSEHOLD BUDGET USE 2010

1. Do you use a household budget on a regular basis?

Yes  25%
No  41%
I try to, but I always get derailed  34%

IDENTITY THEFT 2010

1. Have you ever been the victim of identity theft?

Yes  70%
No  30%

BACK TO SCHOOL 2010

1. Where will you shop for back-to-school clothes?

The mall  26%
Online  13%
Outlet stores  32%
Consignment shops  23%
We won't be buying back-to-school clothes this year  6%

RETIREMENT PLANS 2010

1. What do you plan to do during retirement?

Move to a warm climate (golf, lie on the beach)  13%
Travel  27%
Spend more time with my family and/or friends  23%
Work part-time and/or volunteer  37%

2. When do you expect to retire?

I will retire early (younger than 65 years old)  43%
I will retire at the traditional retirement age (65 years old)  33%
I will retire later than initially planned (older than 65 years old)  19%
I will be unable to retire due to financial reasons  5%

JOB SECURITY 2010

1. Have you worried about your job security this year?

Yes  86%
No  14%

2. During the past year, how has your job security been affected?

I lost my job.  22%
My employer cut my pay or reduced my hours.  17%
I survived a layoff.  17%
I spent part of the year job searching.  13%
My job security was not affected.  30%

NATIONAL FINANCIAL LITERACY MONTH 2010

1. Where have you learned about finances?

I learned everything from my parents.  25%
I took a financial planning course in high school or college.  16%
I rely on a credit union, financial institution, or community group.  12%
I search for information online.  29%
I ask my friends and/or family members.  18%

2. How has the recession affected your financial confidence?

I make smarter decisions with my money.  39%
I feel less confident managing my finances.  13%
I've taken steps to educate myself on what I don't know.  43%
It hasn't affected my financial life.  5%

VALENTINE'S DAY 2010

1. Who manages the money in your relationship?

I am single, I do it myself  17%
My female partner  37%
My male partner  20%
We divide the responsiblities  26%

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