Monday, January 16, 2006

Money Survey

This money survey was on Women's Day Magazine... 16,000 people responded. See where do you stand.

You Just Got a $1,000 Bonus
What do you do?

Stash it away for a rainy day: 57%
Visa is already knocking at the door for it: 25%
Vegas, baby, Vegas: 10%
Ten pairs of shoes are calling my name: 8%

Rainy Day fund

Credit Check
How much do you owe on your credit cards right now?Not a penny: 28%
Less than $1,000: 17%
$1,000 to $5,000: 27%
$5,000 to $25,000: 20%
More than $25,000: 8%

Nada here
These days you're most worried about...
Rent and bills: 37%
Credit card debt: 23%
Funding retirement: 16%
Financing my children's education: 13%
Paying for health care: 9%
Child care: 2%

Retirement and kids education are the most pressing financial issues for me
Living (Un)easy
If you were laid off from work today, what could you afford to buy?
A villa in Tuscany: 8%
A used RV: 9%
A small condo: 15%
A pack of tissues to sob into: 68%

Inbetween the tissues and the used RV.
What you love to buy
Clothes: 66%
Cosmetics: 23%
Shoes and bags: 8%
Jewelry: 3%

I am not a shopper but of those choes it would have be clothes

Staying Afloat42% haven't saved enough for the future
32% are worried about getting out of debt
18% have enough saved
8% are worried about a job loss

Saving enough for the future and job loss would be my main 2 concerns

File Not Found
If a financial planner looked over your finances, she would find:
34% Balanced checkbooks, up-to-date files and a lockbox for important papers
34% A shoebox full of old receipts and a file folder with important papers and old bills
32% Notices from collection agencies

I bank online ... so no more checkbook but my account is balanced.
Money Talks
When is the last time you and your partner fought about money?
Last year: 36%
Last month: 25%
Last week: 29%
Within the last five minutes: 10%

We don't really fight too much anymore about money.
Keeping Tabs
Does your partner think you spend too much? Over half said, “Yes, he gripes sometimes.”


I am the saver he is the spender


State of the Union
Do you and your partner share the same attitude toward money?
YES, we both like to plan and save for the future: 47%
YES, we spend like Ben Affleck and J. Lo: 20%
NO, he's pretty stingy: 19%
NO, he thinks he's Donald Trump: 14%

Hubby is getting more into the saving portion.

Never Enough
86% of us don't think we make enough money.

True
What Women Want
Which would you rather have?

A winning $1 million lottery ticket: 61%
Mr. Right: 24%
The most exciting career in the world: 10%
Halle Berry's figure: 5%

Mr right but I alreayd have him
Little Spenders
What kinds of things do your kids bug you the most to buy?
Video games, CDs and DVDs: 35%
Toys: 25%
Clothes: 24%
A car: 14%
Sports equipment: 2%

Toys

It's About Looking Good
Which items usually take up the most room in your shopping bags?
Clothes tipped the scales at 57%; only 2% went for the latest TV or other electronics.

Clothes

You're Not All Clothes Minded
64% would choose a sexy weekend hotel stay with their spouse over a $1,000 gift certificate for new clothes.

Absolutely!

Where do you stand?

Enjoy your savings!


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