2022NPFC

What is your race/ethnicity *

African American Hispanic Native American Asian or Pacific Islander Mixed/more than one White/Caucasian Prefer not to answer

On a scale of one to five, select the level of agreement you have with this statement, “Paying a company for insurance for a year and then not needing to use it is a waste of money." *

On a scale of one to five, select the level of agreement you have with this statement, “I will use credit cards to buy things now because I’ll be able to pay them off when my income increases." *

On a scale of one to five, select the level of agreement you have with this statement, “It is within my power to improve my credit score." *

On a scale of one to five, select the level of agreement you have with this statement, “If I make a goal to save money to buy something, I can take actions to reach that goal and stick with those actions." *

On a scale of one to five, select the level of agreement you have with this statement, “Fifty years old, or about 15 years before I retire, is a good time to begin retirement planning." *

On a scale of one to five, select the level of agreement you have with this statement, “When I have money to invest, I plan to buy and sell stocks and bonds frequently." *

On a scale of one to five, select the level of agreement you have with this statement, “A family has to have a very high income in order to have a million dollars by retirement age." *

On a scale of one to five, how comfortable are you with reducing risk through insurance? *

On a scale of one to five, how comfortable are you with investing in stocks and bonds? *

On a scale of one to fine, how comfortable are you with using credit wisely? *

On a scale from one to five, how comfortable are you with saving for the future? *

On a scale from one to five, how comfortable are you with making informed spending decisions on goods and services? *

On a scale from one to five, how comfortable are you with preparing for an occupation and earning income? *

Juan is considering job offers from four companies, each of which will pay him $50,000 a year. If Juan is most interested in his career advancement, at which company would he most likely chose to work? *

Company A that offers him health benefits Company B that provides him with a company car to drive Company C that gives him flexible work hours and holidays Company D that enrolls him in an executive training program I don't know

Alex is thinking of buying a five-year-old car from Owen. Owen advertised the car as like new. Which of the following would give Alex the most reliable source of information on how dependable the car might be? *

the current owner of the car a friend who is a taxi cab driver an auto mechanic Alex has used in the past a sales person where the car was originally purchased I don't know

Taylor likes to shop. She often purchases expensive things without thinking about the consequences. Taylor's tendency to buy on impulse *

reduces her earned income increases the amount she saves increases the interest rate on her credit card reduces her opportunities to buy things in the future I don't know

What is the primary purpose of an IRA? *

allows workers to pay taxes with each paycheck provides incentives for people to save for retirement eliminates the need for savers to collect Social Security creates savings accounts for current health-care expenses I don't know

Collateral for a loan is *

the fee charged for not repaying the loan property the bank can sell if the loan is not repaid the amount in damages the bank is due for a late payment the contract the bank holds in its vault until the loan is repaid I don't know

Sara has a bad credit score. One likely consequence is that *

a landlord may not rent her an apartment a stock broker may not sell her shares of stock her employer may drop her health care coverage the Internal Revenue Service may audit her taxes I don't know

Which of the following is the best example of a diversified portfolio? *

Nora purchases several real estate lots in a small town Nolan owns a U.S. coin collection covering all periods of history Eva purchases mutual funds with stocks from different industries Morgan holds U.S. Treasury bonds with the same dates of maturity I don't know

If Corporation XYZ announces profits greater than expected, what is most likely to happen? *

The price of its stock will decrease The price of its stock will increase The interest rate on its stock will decrease The interest rate on its stock will increase I don't know

Paul paid for auto insurance every year but never had an accident or filed a claim. Did he get anything of value for the money he paid? *

No, because the insurance company never had to pay a claim No, because he protected himself & car by being a careful driver Yes, because insurance co was paid to assume his accident risk Yes, because insurance co paid his interest on premiums he paid I don't know

The primary purpose of life insurance is to *

provide a safe savings program protect a family from lost wages protect a family from unemployment provide for expenses such as having a baby I don't know

2022 NPFC Pre-Survey