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University of Connecticut

Topics At A Glance: Personal Finances

State of Personal Finances

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Would you describe the state of your own personal finances these days as: excellent, good, not so good, or poor?
Bloomberg Consumer Comfort Index Poll, [Oct, 2012]




Would you describe the state of your own personal finances these days as: excellent, good, not so good, or poor?
Bloomberg Consumer Comfort Index Poll, [Oct, 2012]




Would you describe the state of your own personal finances these days as: excellent, good, not so good, or poor?
Bloomberg Consumer Comfort Index Poll, [Oct, 2012]



Personal Financial Situation Getting Better Or Worse

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Do you think the financial situation in your household is getting better, staying the same, or getting worse?
American Research Group Poll, [Nov, 2012]




A year from now, do you expect the financial situation in your household to be better than it is today, the same as it is today, or worse than it is today?
American Research Group Poll, [Nov, 2012]




How do you expect the financial situation of your household will change over the next 12 months? Will it get better, get worse, or stay about the same? (If Better, ask:) And would that be a lot or a little better? (If Worse, ask:) And would that be a lot or a little worse?
%
14     A lot better
25     A little better
43     Stay about the same
5     A little worse
5     A lot worse
9     Don't know
*     Refused
Associated Press/Gfk Poll, [Oct, 2012]



Most Important Financial Problem Facing Family

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What is the most important financial problem facing your family today?
%
18     Lack of money/Low wages
12     Health care costs
12     Cost of owning/renting a home
11     High cost of living/inflation
11     Energy costs/oil and gas prices
9     Too much debt/Not enough money to pay debts
9     Unemployment/Loss of job
7     College expenses
5     Taxes
4     Retirement savings
3     Lack of savings
1     Transportation/commuting costs
1     Social Security
1     State of the economy
1     Stock market/investments
1     Controlling spending
*     Interest rates
4     Other
11     None
4     No opinion
Gallup Poll, [Apr, 2012]




What is the most important financial problem facing your family today?
%
14     Lack of money/Low wages
13     Too much debt/Not enough money to pay debts
13     High cost of living/inflation
12     Health care costs
10     Unemployment/Loss of job
7     Cost of owning/renting a home
7     College expenses
5     Retirement savings
4     Energy costs/oil and gas prices
3     Taxes
3     Lack of savings
2     Stock market/investments
2     State of the economy
2     Social Security
1     Interest rates
*     Transportation/commuting costs
2     Other
11     None
3     No opinion
Gallup Poll, [Oct, 2011]




What is the most important financial problem facing your family today?
%
17     Lack of money/Low wages
12     Health care costs
11     Too much debt/Not enough money to pay debts
9     High cost of living/inflation
9     Unemployment/Loss of job
7     Energy costs/oil and gas prices
7     College expenses
6     Cost of owning/renting a home
6     Retirement savings
4     Taxes
2     State of the economy
2     Social Security
2     Lack of savings
1     Stock market/investments
1     Transportation/commuting costs
1     Interest rates
*     Controlling spending
2     Other
16     None
3     No opinion
Gallup Poll, [Jul, 2011]



Being Able To Pay Bills/Income and Rising Prices

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(I'm going to read you a list of things that some people worry about and others do not. I'd like you to tell me how worried you are about each of the following things.) Are you worried about...not having enough money to pay your bills, or not? (If Worried, ask:) Is that very or somewhat worried? (If Not worried, ask:) Is that not too worried or not worried at all?
Kaiser/Washington Post Black Women in America Survey, [Oct, 2011]




How often do you worry that your total family income will not be enough to meet your family's expenses and bills: always, sometimes, seldom, or never?
Marist Poll, [Sep, 2011]




(Next, I'm going to read you a list of things that some people worry about and others do not. I'd like you to tell me how worried you are about each of the following things.) How worried are you about...your income not keeping up with the rising prices? Are you very worried, somewhat worried, not too worried, or not at all worried?
Kaiser Health Tracking Poll, [Sep, 2011]



Unemployment

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Please tell me whether you are worried or not worried about each of the following happening. How about that...you or your spouse will lose a job within the next twelve months?
Gallup Poll, [Jan, 2012]




I'm going to read you a list of things that some people worry about and others do not. I'd like you to tell me how worried you are about each of the following things. Are you worried about...losing your job, or not? (If Worried, ask:) Is that very or somewhat worried? (If Not worried, ask:) Is that not too worried or not worried at all?
Kaiser/Washington Post Black Women in America Survey, [Oct, 2011]




(Next, I'm going to read you a list of things that some people worry about and others do not. I'd like you to tell me how worried you are about each of the following things.) How worried are you about...losing your job? Are you very worried, somewhat worried, not too worried, or not at all worried?
Note: Asked of those employed full or part time
Kaiser Health Tracking Poll, [Sep, 2011]



Paying For Health Care Costs

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Which one of the following costs, if any, is the biggest worry for you and your family?...The cost of health care, the cost of gas, the cost of retirement, the cost of education, the cost of food, the cost of housing...(If More than one, ask:) If you had to choose just one, which would you say is the biggest worry for you?
%
28     The cost of health care
28     The cost of gas
14     The cost of retirement
11     The cost of education
9     The cost of food
7     The cost of housing
1     Other (Vol.)
1     None of these (Vol.)
1     Not sure
CNBC All-America Economic Survey, [Mar, 2012]




(Please tell me whether you are worried or not worried about each of the following happening.) How about that...you will not be able to pay medical or health costs over the next twelve months?
Gallup Poll, [Jan, 2012]




And, which of the following statements best describes your current health care costs?...Manageable and I have little concern about being able to continue to pay them. Somewhat worrisome, but as long as nothing bad happens, I should be able to continue to pay them. Very worrisome and I have serious concerns about being able to pay them.
Note: Asked of those retired
Allstate/National Journal Heartland Monitor Poll, [Nov, 2011]



Paying For Housing

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Which one of the following costs, if any, is the biggest worry for you and your family?...The cost of health care, the cost of gas, the cost of retirement, the cost of education, the cost of food, the cost of housing...(If More than one, ask:) If you had to choose just one, which would you say is the biggest worry for you?
%
28     The cost of health care
28     The cost of gas
14     The cost of retirement
11     The cost of education
9     The cost of food
7     The cost of housing
1     Other (Vol.)
1     None of these (Vol.)
1     Not sure
CNBC All-America Economic Survey, [Mar, 2012]




What would you say is the biggest worry or concern you have about you and your family's personal financial situation? Is it...expenses are too high, can't save enough for retirement, earning too little money, finding or keeping a job, home value has gone down, carrying too much debt, investments are struggling or can't save enough for children's education?
%
19     Expenses are too high
14     Can't save enough for retirement
12     Earning too little money
12     Find or keeping a job
11     Home value has gone down
8     Carrying too much debt
8     Investments are struggling
7     Can't save enough for children's education
8     None of these (Vol.)
2     Don't know/Refused
Allstate/National Journal Heartland Monitor Poll, [Sep, 2011]




And, what would you say is the next biggest worry or concern you have (about you and your family's financial situation)?...Expenses are too high, can't save enough for retirement, earning too little money, finding or keeping a job, home value has gone down, carrying too much debt, investments are struggling or can't save enough for children's education?
%
17     Expenses are too high
13     Can't save enough for retirement
15     Earning too little money
9     Find or keeping a job
11     Home value has gone down
8     Carrying too much debt
7     Investments are struggling
13     Can't save enough for children's education
5     None of these (Vol.)
2     Don't know/Refused
Note: Asked of those who gave a first choice (91%)
Allstate/National Journal Heartland Monitor Poll, [Sep, 2011]



Retirement Financial Concerns

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Which one of the following costs, if any, is the biggest worry for you and your family?...The cost of health care, the cost of gas, the cost of retirement, the cost of education, the cost of food, the cost of housing...(If More than one, ask:) If you had to choose just one, which would you say is the biggest worry for you?
%
28     The cost of health care
28     The cost of gas
14     The cost of retirement
11     The cost of education
9     The cost of food
7     The cost of housing
1     Other (Vol.)
1     None of these (Vol.)
1     Not sure
CNBC All-America Economic Survey, [Mar, 2012]




(Please tell me whether you are worried or not worried about each of the following happening.) How about that...you will outlive your money after you retire?
Gallup Poll, [Jan, 2012]




(Please tell me how well each of the following statements describes you.)...You worry about being financially dependent on others during your (If Non-retired, ask:) retirement/(If Retired, ask:) later years. . Would you say that describes you very well, somewhat well, not too well, or not at all?
Retirement Confidence Survey, [Jan, 2012]



From the Archives


Next year, do you think you will be spending more money, less, or about the same amount on these things as this year?... Food
Roper/Fortune Survey, [Jan, 1948]




Do you think there should be a limit or 'cap' on what Major League baseball owners may pay their players, don't you think there should be a limit?
ABC News/Washington Post Poll, [Jan, 1995]




Would you describe the state of your own personal finances these days as: Excellent, good, not so good, or poor?
ABC News/Money Poll, [Nov, 1999]



Presidential Approval Ratings

Presidential Approval Ratings

Compare current trends to other presidents as far back as Roosevelt and Truman.


Most Important Problem Facing the Country

Economy in general
Blue bar 30%
Unemployment/Jobs
Blue bar 20%
Dissatisfaction with government/Congress/politicians/Poor leadership/Corruption/Abuse of power
Blue bar 15%
Federal budget deficit/Federal debt
Blue bar 11%
Poor healthcare/hospitals/High cost of healthcare
Blue bar 5%
Lack of money
Blue bar 4%

Note: Top specific responses only shown.
Gallup Poll, [Nov, 2012]
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Today's Number
42%
answered Getting better when asked "Right now, do you think your financial situation as a whole is getting better or getting worse?"
Gallup Poll, [Apr, 2012]


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