DDI description: Financial Awareness of Finnish People 2014 DDI-kuvailu: Suomalaisten taloudellinen tietämys 2014 3271 Finnish Social Science Data Archive Finnish Social Science Data Archive Finnish Social Science Data Archive 1.0.0 Financial Awareness of Finnish People 2014 [metadata]. Metadata version 1.0.0 (2019-08-02). Finnish Social Science Data Archive [producer and distributor]. DOI: https://doi.org/10.60686/t-fsd3271; URN: https://urn.fi/urn:nbn:fi:fsd:T-FSD3271 FSD:n aineistokuvailut (FSD metadata records), joiden tekijä on Suomen yhteiskuntatieteellinen tietoarkisto (Finnish Social Science Data Archive), on lisensoitu Creative Commons 1.0 Yleismaailmallinen (CC0 1.0) -lisenssillä. FSD:n aineistokuvailut (FSD metadata records) by Suomen yhteiskuntatieteellinen tietoarkisto (Finnish Social Science Data Archive) are licensed under a Creative Commons 1.0 Universal (CC0 1.0) license. FSD:n aineistokuvailut (FSD metadata records) av Finlands samhällsvetenskapliga dataarkiv (Finnish Social Science Data Archive) är licensierade under en Creative Commons 1.0 Universiell (CC0 1.0) licens. Financial Awareness of Finnish People 2014 Suomalaisten taloudellinen tietämys 2014 3271 urn:nbn:fi:fsd:T-FSD3271 10.60686/t-fsd3271 Kalmi, Panu Ruuskanen, Olli-Pekka In accordance with the agreement between FSD and the depositor. Finnish Social Science Data Archive Individual datasets

Individual datasets that do not belong to any series.

 1.0 1.0 Kalmi, Panu (University of Vaasa) & Ruuskanen, Olli-Pekka (University of Tampere): Financial Awareness of Finnish People 2014 [dataset]. Data version 1.0 (2019-08-02). Finnish Social Science Data Archive [distributor]. DOI: https://doi.org/10.60686/t-fsd3271; URN: https://urn.fi/urn:nbn:fi:fsd:T-FSD3271 consumption economic conditions expenditure income insurance personal finance management planning savings Social sciences Consumption and consumer behaviour Economic conditions and indicators Income, property and investment/saving

This survey studied the financial awareness and knowledge of people living in Finland, and their views on financial issues. The survey is based on the OECD financial literacy questionnaire and methodological guidance developed by the International Network on Financial Education (INFE). Data collection was conducted by TNS Gallup Finland. The survey was financed by Academy of Finland (269130), OP Group Research Foundation (OP-Pohjola ryhmän tutkimussäätiö), Foundation for Economic Education (Liikesivistysrahasto), Vaasan Aktiasäätiö, and Finnish Foundation for Share Promotion (Pörssisäätiö). Main themes included management of personal finances, consumption and saving behaviour, insurances, preparedness for retirement, financial knowledge in general, over-indebtness, own financial abilities and trust in financial institutions. The respondents were also asked to evaluate their financial decisions and the influences behind their decisions.

The respondents' management of daily finances was charted with questions on whether the respondents planned their personal or household's consumption beforehand (e.g. by making a budget) and what methods they used for planning and monitoring their finances (e.g. online banking). Some questions focused on the financial products (e.g. credit cards, bank accounts, debts, insurances, investments) that the respondents used and where they got information on these products. General attitudes towards personal finance management were studied through statements relating to, for example, paying bills on time, taking risks in life, monitoring of finances and worrying about the future. Ways of dealing with insufficient income to cover costs were also charted (e.g. whether the respondents borrowed food or money from family or friends).

Saving behaviour was investigated by asking the respondents, for example, whether they saved money on their disposal account or invested in shares, and for how long they could live on their savings if their main source of income was lost. Attitudes towards and awareness about insurances were studied through statements concerning, for example, the necessity of insurance for families and the understandability of contents and conditions of different insurances. Next, the survey charted whether the respondents were self-employed and how they prepared for retirement (for example, how the respondents used pension insurance for the self-employed (YEL), whether they knew which pension insurances they were entitled to, and whether they thought that they were saving enough money for retirement).

The respondents' financial knowledge was assessed by asking questions about the economy and different financial issues (e.g. interest and inflation). Knowledge and experiences about over-indebtness were charted through questions concerning, for example, defaults on debts, payments or repayments and the respondents' own debt situation. The respondents' awareness was examined on whether they knew where they should appeal a decision made by a bank or insurance company if they were not satisfied with it. Finally, the survey charted abilities, satisfaction and trust in financial issues and institutions (e.g. how the respondents would describe their own abilities in making good financial decisions, whether they were satisfied with their life overall, and whether they thought that banks, insurance companies or the justice system could be trusted).

Background variables included, among others, gender, age, marital status, household composition, gross annual income of the respondent and household, highest level of education, as well as NUTS2 and NUTS3 regions of residence.

 Finland Finland Individual Individual Household Household People aged 18 and over residing in Finland the Åland Islands Quantitative Cross-section CrossSection TNS Gallup Finland Probability: Multistage Probability.Multistage

The sampling was conducted as multistage stratified random sampling. In the first stage of sampling, the target population was divided regionally into bigger NUTS2 regions, based on NUTS3 regions.

In the second stage, the target population was divided by municipality type within each NUTS2 region. Municipalities were grouped into municipality types as follows: towns were divided into big and small towns by population and rural municipalities were divided into three groups by economic activity. Municipalities were selected for the study in a representative manner based on the mentioned stratifications.

In the third stage of sampling, a number of addresses in each municipality were randomly selected as starting points depending on the number of inhabitants in the municipality. The interviews were conducted using random start sampling, visiting at most eight consecutive households and interviewing, if possible, the person whose birthday was coming up next in each household.

 Face-to-face interview: Computer-assisted (CAPI/CAMI) Interview.FaceToFace.CAPIorCAMI Structured questionnaire Questionnaire.Structured The data include a weight variable (paino), which weights the data to be representative of the general population in terms of region of residence, socio-economic status, and age. Detailed and specific data description in Finnish and English. The data are checked and processed in detail. If necessary, the data are anonymised. Finnish Social Science Data Archive The data do not include underage persons or open-ended responses to questions with the response option "Other, what?". The dataset is (B) available for research, teaching and study. The data and its creators shall be cited in all publications and presentations for which the data have been used. The bibliographic citation may be in the form suggested by the archive or in the form required by the publication. Notify FSD of all publications where you have used the data by sending the citation information to user-services.fsd@tuni.fi. The original data creators and the archive bear no responsibility for any results or interpretations arising from the reuse of the data. To prevent identification of individuals, variable t2 denoting municipality code and province of residence was removed. In variables t8 (number of children, including those who no longer belong to the same household) and q24 (YEL income, the annual income on which YEL insurance is based) the highest classes denoting number of children and income were reclassified into larger classes to minimize the risk of identification. Kalmi, P., & Ruuskanen, O. P. (2016). Suomalaiset pärjäävät taloudellisessa tietämyksessä ja käyttäytymisessä hyvin suhteessa muihin maihin [verkkodokumentti]. Kansantaloudellinen aikakauskirja, 112(1), 6-21. https://www.taloustieteellinenyhdistys.fi/wp-content/uploads/2016/03/kalmi_ruuskanen.pdf [viitattu 6.8.2019]. Berg, Laura (2021). Minäpystyvyys ja henkilökohtaisen talouden hallinta: Minäpystyvyyden yhteys säästämisasteeseen ja taloudellisten tavoitteiden asettamiseen. Yhteiskuntatieteiden kandidaatintutkielma. Tampere: Tampereen yliopisto. Minäpystyvyys ja henkilökohtaisen talouden hallinta: Minäpystyvyyden yhteys säästämisasteeseen ja taloudellisten tavoitteiden asettamiseen URN:NBN:fi:tuni-202105054478 Isotalo, Asta (2023). Sosioekonomisen aseman yhteys vakuutuslukutaitoon. Kandidaatintutkielma. Tampereen Yliopisto. Sosioekonomisen aseman yhteys vakuutuslukutaitoon URN:NBN:fi:tuni-202311079449 Kalmi, P., & Ruuskanen, O. P. (2016). Suomalaiset pärjäävät taloudellisessa tietämyksessä ja käyttäytymisessä hyvin suhteessa muihin maihin [verkkodokumentti]. Kansantaloudellinen aikakauskirja, 112(1), 6-21. https://www.taloustieteellinenyhdistys.fi/wp-content/uploads/2016/03/kalmi_ruuskanen.pdf [viitattu 6.8.2019]. Suomalaiset pärjäävät taloudellisessa tietämyksessä ja käyttäytymisessä hyvin suhteessa muihin maihin. Kalmi, P., & Ruuskanen, O. P. (2018). Financial literacy and retirement planning in Finland. Journal of Pension Economics & Finance, 17(3), 335-362. Financial literacy and retirement planning in Finland. Lager, Ilona (2025). Koulutustason ja sukupuolen yhteydet talousosaamiseen ja sijoitusrahastosäästämiseen. Yhteiskuntatieteiden kandidaatintutkielma. Tampere: Tampereen yliopisto Koulutustason ja sukupuolen yhteydet talousosaamiseen ja sijoitusrahastosäästämiseen URN:NBN:fi:tuni-2024121311120 OECD (2016). OECD/INFE International Survey of Adult Financial Literacy Competencies [online]. Paris: OECD. https://www.oecd.org/daf/fin/financial-education/OECD-INFE-International-Survey-of-Adult-FInancial-Literacy-Competencies.pdf [viitattu 6.8.2019]. OECD/INFE International Survey of Adult Financial Literacy Competencies OECD INFE (2011) Measuring Financial Literacy: Core Questionnaire in Measuring Financial Literacy: Questionnaire and Guidance Notes for conducting an Internationally Comparable Survey of Financial literacy [online]. Paris: OECD. http://www.oecd.org/daf/fin/financial-education/49319977.pdf [viitattu 17.9.2019]. Measuring Financial Literacy: Core Questionnaire in Measuring Financial Literacy: Questionnaire and Guidance Notes for conducting an Internationally Comparable Survey of Financial literacy daF3271e.por 1477 234 SPSS Portable [fsd_no] FSD study number FSD study number 1477 3271 3271 3271.00 .000 [fsd_vr] FSD edition number FSD edition number 1477 1.0 1.0 1.000 .0000 [fsd_id] FSD case id FSD case id 1477 1 1477 739.00 426.517 [t1] Gender Gender 1477 1 2 1.47 .499 1 Female 788 2 Male 689 [t3] Language Language 1477 1 2 1.01 .073 1 Finnish 1469 2 Swedish 8 [t4] Age (in years) Age (in years) 1477 18 92 48.61 17.734 [t5] Marital status Marital status 1477 1 7 2.33 1.342 1 Married 589 2 Co-habiting 221 3 Single 390 4 Divorced 174 5 Widowed 85 6 Can't say 8 7 Didn't respond 10 [t6] Number of adults in the household including yourself Number of adults in the household including yourself 1477 0 19 1.70 .914 [t7] Number of children under 18 years old in the household Number of children under 18 years old in the household 1457 0 7 .49 .953 [t8] How many children do you have, including those who are adults and those who do not live in your household? How many children do you have, including those who are adults and those who do not live in your household? 1469 0 7 1.36 1.470 0 610 1 210 2 365 3 163 4 68 5 35 6 8 7 or more 10 SYSMISS 8 [t9] What is your employment status? What is your employment status? 1477 1 10 4.37 2.740 1 Employed full-time 368 2 Employed part-time 76 3 Self-employed 308 4 Looking for work 85 5 At home, looking after the children 16 6 On sick leave/long-term sick 28 7 Pensioner/retired 392 8 Student 179 9 Not working, not looking for work 6 10 Other 19 11 Can't say 0 12 Didn't respond 0 [q1] Who is responsible for managing finances in your household? Who is responsible for managing finances in your household? 1477 1 9 1.57 .837 1 The respondent 805 2 The respondent and the spouse together 591 3 The respondent and some other family member (or multiple family members) 27 4 The respondent's spouse alone 25 5 Some other family member (or multiple family members) 21 6 Someone else 6 7 No one 0 8 Don't know 1 9 Didn't respond 1 [q2_1] Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Yes, I create a budget for the household on my own or with other household members Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Yes, I create a budget for the household on my own or with other household members 1477 0 1 .13 .336 0 No 1286 1 Yes 191 [q2_2] Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Yes, I create a personal budget for myself Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Yes, I create a personal budget for myself 1477 0 1 .13 .331 0 No 1292 1 Yes 185 [q2_3] Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? I create a budget for the biggest expenses Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? I create a budget for the biggest expenses 1477 0 1 .38 .486 0 No 916 1 Yes 561 [q2_4] Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? I do not plan beforehand Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? I do not plan beforehand 1477 0 1 .38 .486 0 No 916 1 Yes 561 [q2_5] Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Don't know Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Don't know 1477 0 1 .00 .037 0 No 1475 1 Yes 2 [q2_6] Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Didn't respond Do you plan your or your household's income and expenses beforehand by creating a budget for the household or for yourself? Didn't respond 1477 0 0 .00 .000 0 No 1477 1 Yes 0 [q3_1] What kinds of means do you use to plan and monitor your personal finances? I use online banking to monitor my account balance What kinds of means do you use to plan and monitor your personal finances? I use online banking to monitor my account balance 1477 0 1 .76 .428 0 No 357 1 Yes 1120 [q3_2] What kinds of means do you use to plan and monitor your personal finances? I use online banking to monitor other personal finances (e.g. loans, investments, insurances) What kinds of means do you use to plan and monitor your personal finances? I use online banking to monitor other personal finances (e.g. loans, investments, insurances) 1477 0 1 .31 .463 0 No 1018 1 Yes 459 [q3_3] What kinds of means do you use to plan and monitor your personal finances? I use other means to monitor my bank account balance What kinds of means do you use to plan and monitor your personal finances? I use other means to monitor my bank account balance 1477 0 1 .35 .478 0 No 956 1 Yes 521 [q3_4] What kinds of means do you use to plan and monitor your personal finances? I use an online tool provided by my bank to plan my finances What kinds of means do you use to plan and monitor your personal finances? I use an online tool provided by my bank to plan my finances 1477 0 1 .04 .194 0 No 1419 1 Yes 58 [q3_5] What kinds of means do you use to plan and monitor your personal finances? I use my own method to keep record of income and expenses (for example, a notebook, Excel worksheet etc.) What kinds of means do you use to plan and monitor your personal finances? I use my own method to keep record of income and expenses (for example, a notebook, Excel worksheet etc.) 1477 0 1 .13 .333 0 No 1290 1 Yes 187 [q3_6] What kinds of means do you use to plan and oversee your personal finances? I use personal advice services provided by my bank or other operator What kinds of means do you use to plan and oversee your personal finances? I use personal advice services provided by my bank or other operator 1477 0 1 .12 .320 0 No 1306 1 Yes 171 [q3_7] What kinds of means do you use to plan and monitor your personal finances? Other, please specify What kinds of means do you use to plan and monitor your personal finances? Other, please specify 1477 0 1 .02 .132 0 No 1451 1 Yes 26 [q3_8] What kinds of means do you use to plan and monitor your personal finances? I don't use any of these means What kinds of means do you use to plan and monitor your personal finances? I don't use any of these means 1477 0 1 .01 .113 0 No 1458 1 Yes 19 [q3_9] What kinds of means do you use to plan and oversee your personal finances? Can't say What kinds of means do you use to plan and oversee your personal finances? Can't say 1477 0 1 .00 .037 0 No 1475 1 Yes 2 [q3_10] What kinds of means do you use to plan and oversee your personal finances? Didn't respond What kinds of means do you use to plan and oversee your personal finances? Didn't respond 1477 0 1 .00 .026 0 No 1476 1 Yes 1 [q3a] How often do you do the following? Use online banking to monitor my account balance How often do you do the following? Use online banking to monitor my account balance 1120 1 3 1.31 .484 1 At least once a week 781 2 Less than once a week, but every month 328 3 Less than every month 11 4 Can't say (SPONTANEOUS) 0 SYSMISS 357 [q3b] How often do you do the following? Use online banking to monitor other personal finances (e.g. loans, investments, insurances) How often do you do the following? Use online banking to monitor other personal finances (e.g. loans, investments, insurances) 459 1 4 1.87 .730 1 At least once a week 154 2 Less than once a week, but every month 213 3 Less than every month 90 4 Can't say (SPONTANEOUS) 2 SYSMISS 1018 [q3c] How often do you do the following? Use other means to monitor my bank account balance How often do you do the following? Use other means to monitor my bank account balance 521 1 4 1.72 .686 1 At least once a week 211 2 Less than once a week, but every month 248 3 Less than every month 58 4 Can't say (SPONTANEOUS) 4 SYSMISS 956 [q3d] How often do you do the following? Use an online tool provided by my bank to plan my finances How often do you do the following? Use an online tool provided by my bank to plan my finances 58 1 4 2.21 .913 1 At least once a week 16 2 Less than once a week, but every month 17 3 Less than every month 22 4 Can't say (SPONTANEOUS) 3 SYSMISS 1419 [q3e] How often do you do the following? Use my own method to keep record of expenses and finances (for example, a notebook, Excel worksheet etc.) How often do you do the following? Use my own method to keep record of expenses and finances (for example, a notebook, Excel worksheet etc.) 187 1 4 1.75 .715 1 At least once a week 75 2 Less than once a week, but every month 86 3 Less than every month 24 4 Can't say (SPONTANEOUS) 2 SYSMISS 1290 [q3f] How often do you do the following? Use personal advice services provided by my bank or other operator How often do you do the following? Use personal advice services provided by my bank or other operator 171 1 4 2.85 .443 1 At least once a week 5 2 Less than once a week, but every month 16 3 Less than every month 149 4 Can't say (SPONTANEOUS) 1 SYSMISS 1306 [q3g] How often do you do the following? Other, please specify How often do you do the following? Other, please specify 26 1 4 1.62 .752 1 At least once a week 13 2 Less than once a week, but every month 11 3 Less than every month 1 4 Can't say (SPONTANEOUS) 1 SYSMISS 1451 [q4_1] Which of the following financial products do you currently have? Which of them have you had before? Current account (disposal account) Which of the following financial products do you currently have? Which of them have you had before? Current account (disposal account) 1477 1 4 1.02 .197 1 Have at present 1463 2 Not at present, but have had in the past 1 3 Don't have/haven't had 12 4 Don't know/can't say 1 5 Didn't respond 0 [q4_2] Which of the following financial products do you currently have? Which of them have you had before? Time deposit account Which of the following financial products do you currently have? Which of them have you had before? Time deposit account 1477 1 5 2.46 .840 1 Have at present 314 2 Not at present, but have had in the past 191 3 Don't have/haven't had 959 4 Don't know/can't say 8 5 Didn't respond 5 [q4_3] Which of the following financial products do you currently have? Which of them have you had before? Savings account that offers higher interest than a current account (fixed-term account etc.) Which of the following financial products do you currently have? Which of them have you had before? Savings account that offers higher interest than a current account (fixed-term account etc.) 1477 1 5 2.26 .941 1 Have at present 488 2 Not at present, but have had in the past 133 3 Don't have/haven't had 840 4 Don't know/can't say 13 5 Didn't respond 3 [q4_4] Which of the following financial products do you currently have? Which of them have you had before? PS account Which of the following financial products do you currently have? Which of them have you had before? PS account 1477 1 5 2.59 .818 1 Have at present 265 2 Not at present, but have had in the past 119 3 Don't have/haven't had 1069 4 Don't know/can't say 11 5 Didn't respond 13 [q4_5] Which of the following financial products do you currently have? Which of them have you had before? ASP account Which of the following financial products do you currently have? Which of them have you had before? ASP account 1477 1 5 2.90 .425 1 Have at present 33 2 Not at present, but have had in the past 110 3 Don't have/haven't had 1315 4 Don't know/can't say 12 5 Didn't respond 7 [q4_6] Which of the following financial products do you currently have? Which of them have you had before? Study loan Which of the following financial products do you currently have? Which of them have you had before? Study loan 1477 1 5 2.60 .675 1 Have at present 142 2 Not at present, but have had in the past 319 3 Don't have/haven't had 1009 4 Don't know/can't say 2 5 Didn't respond 5 [q4_7] Which of the following financial products do you currently have? Which of them have you had before? Housing loan Which of the following financial products do you currently have? Which of them have you had before? Housing loan 1477 1 5 2.20 .858 1 Have at present 414 2 Not at present, but have had in the past 369 3 Don't have/haven't had 687 4 Don't know/can't say 4 5 Didn't respond 3 [q4_8] Which of the following financial products do you currently have? Which of them have you had before? Credit card Which of the following financial products do you currently have? Which of them have you had before? Credit card 1477 1 5 1.70 .933 1 Have at present 930 2 Not at present, but have had in the past 67 3 Don't have/haven't had 478 4 Don't know/can't say 1 5 Didn't respond 1 [q4_9] Which of the following financial products do you currently have? Which of them have you had before? Consumer credit, including car loan Which of the following financial products do you currently have? Which of them have you had before? Consumer credit, including car loan 1477 1 5 2.46 .816 1 Have at present 291 2 Not at present, but have had in the past 224 3 Don't have/haven't had 953 4 Don't know/can't say 5 5 Didn't respond 4 [q4_10] Which of the following financial products do you currently have? Which of them have you had before? Instant loans Which of the following financial products do you currently have? Which of them have you had before? Instant loans 1477 1 5 2.93 .360 1 Have at present 28 2 Not at present, but have had in the past 60 3 Don't have/haven't had 1381 4 Don't know/can't say 2 5 Didn't respond 6 [q4_11] Which of the following financial products do you currently have? Which of them have you had before? Investment fund Which of the following financial products do you currently have? Which of them have you had before? Investment fund 1477 1 5 2.50 .864 1 Have at present 342 2 Not at present, but have had in the past 80 3 Don't have/haven't had 1041 4 Don't know/can't say 9 5 Didn't respond 5 [q4_12] Which of the following financial products do you currently have? Which of them have you had before? Shares or stock / securities account Which of the following financial products do you currently have? Which of them have you had before? Shares or stock / securities account 1477 1 5 2.35 .919 1 Have at present 442 2 Not at present, but have had in the past 88 3 Don't have/haven't had 938 4 Don't know/can't say 7 5 Didn't respond 2 [q4_13] Which of the following financial products do you currently have? Which of them have you had before? Bonds investment / index loans Which of the following financial products do you currently have? Which of them have you had before? Bonds investment / index loans 1477 1 5 2.94 .399 1 Have at present 41 2 Not at present, but have had in the past 37 3 Don't have/haven't had 1380 4 Don't know/can't say 12 5 Didn't respond 7 [q4_14] Which of the following financial products do you currently have? Which of them have you had before? Voluntary pension insurance Which of the following financial products do you currently have? Which of them have you had before? Voluntary pension insurance 1477 1 5 2.58 .806 1 Have at present 286 2 Not at present, but have had in the past 56 3 Don't have/haven't had 1123 4 Don't know/can't say 11 5 Didn't respond 1 [q4_15] Which of the following financial products do you currently have? Which of them have you had before? Home insurance Which of the following financial products do you currently have? Which of them have you had before? Home insurance 1477 1 4 1.28 .684 1 Have at present 1257 2 Not at present, but have had in the past 31 3 Don't have/haven't had 185 4 Don't know/can't say 4 5 Didn't respond 0 [q4_16] Which of the following financial products do you currently have? Which of them have you had before? Travel insurance Which of the following financial products do you currently have? Which of them have you had before? Travel insurance 1477 1 5 1.70 .889 1 Have at present 858 2 Not at present, but have had in the past 219 3 Don't have/haven't had 389 4 Don't know/can't say 9 5 Didn't respond 2 [q4_17] Which of the following financial products do you currently have? Which of them have you had before? Accident insurance Which of the following financial products do you currently have? Which of them have you had before? Accident insurance 1477 1 4 1.71 .946 1 Have at present 923 2 Not at present, but have had in the past 73 3 Don't have/haven't had 467 4 Don't know/can't say 14 5 Didn't respond 0 [q4_18] Which of the following financial products do you currently have? Which of them have you had before? Life insurance (risk insurance) Which of the following financial products do you currently have? Which of them have you had before? Life insurance (risk insurance) 1477 1 5 2.10 .997 1 Have at present 628 2 Not at present, but have had in the past 98 3 Don't have/haven't had 723 4 Don't know/can't say 24 5 Didn't respond 4 [q4_19] Which of the following financial products do you currently have? Which of them have you had before? Life insurance (savings insurance) Which of the following financial products do you currently have? Which of them have you had before? Life insurance (savings insurance) 1477 1 5 2.73 .714 1 Have at present 182 2 Not at present, but have had in the past 73 3 Don't have/haven't had 1189 4 Don't know/can't say 25 5 Didn't respond 8 [q4_20] Which of the following financial products do you currently have? Which of them have you had before? Medical expenses insurance Which of the following financial products do you currently have? Which of them have you had before? Medical expenses insurance 1477 1 5 2.42 .951 1 Have at present 433 2 Not at present, but have had in the past 37 3 Don't have/haven't had 969 4 Don't know/can't say 30 5 Didn't respond 8 [q5a] Which of the following alternatives best describes how you have usually chosen: Deposit products Which of the following alternatives best describes how you have usually chosen: Deposit products 1465 1 9 3.00 1.872 1 I considered many different options from different companies before making my decision 359 2 I considered many different options from one company 257 3 I didn't consider other options 491 4 I tried to find other options but couldn't 18 5 Someone else made the decision for me 248 6 I don't know 9 7 Can't say 19 8 Didn't respond 24 9 Haven't had this product 40 SYSMISS 12 [q5b] Which of the following alternatives best describes how you have usually chosen: Housing loan Which of the following alternatives best describes how you have usually chosen: Housing loan 1383 1 9 4.99 3.371 1 I considered many different options from different companies before making my decision 277 2 I considered many different options from one company 153 3 I didn't consider other options 321 4 I tried to find other options but couldn't 9 5 Someone else made the decision for me 48 6 I don't know 5 7 Can't say 31 8 Didn't respond 22 9 Haven't had this product 517 SYSMISS 94 [q5c] Which of the following alternatives best describes how you have usually chosen: Investment fund Which of the following alternatives best describes how you have usually chosen: Investment fund 1380 1 9 6.70 3.180 1 I considered many different options from different companies before making my decision 122 2 I considered many different options from one company 156 3 I didn't consider other options 134 4 I tried to find other options but couldn't 3 5 Someone else made the decision for me 37 6 I don't know 19 7 Can't say 19 8 Didn't respond 42 9 Haven't had this product 848 SYSMISS 97 [q5d] Which of the following alternatives best describes how you have usually chosen: Consumer credit / instant loans Which of the following alternatives best describes how you have usually chosen: Consumer credit / instant loans 1403 1 9 7.29 2.819 1 I considered many different options from different companies before making my decision 66 2 I considered many different options from one company 81 3 I didn't consider other options 173 4 I tried to find other options but couldn't 5 5 Someone else made the decision for me 23 6 I don't know 20 7 Can't say 26 8 Didn't respond 33 9 Haven't had this product 976 SYSMISS 74 [q5e] Which of the following alternatives best describes how you have usually chosen: Insurance products Which of the following alternatives best describes how you have usually chosen: Insurance products 1447 1 9 2.75 2.215 1 I considered many different options from different companies before making my decision 580 2 I considered many different options from one company 243 3 I didn't consider other options 321 4 I tried to find other options but couldn't 16 5 Someone else made the decision for me 151 6 I don't know 15 7 Can't say 20 8 Didn't respond 8 9 Haven't had this product 93 SYSMISS 30 [q6a] What was the most important source of information when you were choosing: Deposit products What was the most important source of information when you were choosing: Deposit products 1177 1 13 4.75 3.737 1 Information received from an advertiser or the seller of the product 32 2 Information received from the office of the company that provides the product 551 3 Information received from the Internet 114 4 Product comparison 37 5 Advice from a friend or relative (who doesn't work in the financial sector) 108 6 Advice from a friend or relative (who works in the financial sector) 41 7 Information received from an employee of a company in the financial sector 15 8 Information received from the Finnish Financial Ombudsman Bureau (FINE) 2 9 Information received through media (other than advertising) 16 10 Other past personal experiences 101 11 Other, please specify 46 12 Can't say 88 13 Didn't respond 26 SYSMISS 300 [q6b] What was the most important source of information when you were choosing: Housing loan What was the most important source of information when you were choosing: Housing loan 818 1 13 4.26 3.695 1 Information received from an advertiser or the seller of the product 17 2 Information received from the office of the company that provides the product 501 3 Information received from the Internet 39 4 Product comparison 32 5 Advice from a friend or relative (who doesn't work in the financial sector) 22 6 Advice from a friend or relative (who works in the financial sector) 25 7 Information received from an employee of a company in the financial sector 16 8 Information received from the Finnish Financial Ombudsman Bureau (FINE) 0 9 Information received through media (other than advertising) 11 10 Other past personal experiences 62 11 Other, please specify 18 12 Can't say 42 13 Didn't respond 33 SYSMISS 659 [q6c] What was the most important source of information when you were choosing: Investment fund What was the most important source of information when you were choosing: Investment fund 495 1 13 4.83 4.080 1 Information received from an advertiser or the seller of the product 18 2 Information received from the office of the company that provides the product 241 3 Information received from the Internet 50 4 Product comparison 25 5 Advice from a friend or relative (who doesn't work in the financial sector) 14 6 Advice from a friend or relative (who works in the financial sector) 12 7 Information received from an employee of a company in the financial sector 15 8 Information received from the Finnish Financial Ombudsman Bureau (FINE) 0 9 Information received through media (other than advertising) 11 10 Other past personal experiences 22 11 Other, please specify 7 12 Can't say 41 13 Didn't respond 39 SYSMISS 982 [q6d] What was the most important source of information when you were choosing: Consumer credit / instant loans What was the most important source of information when you were choosing: Consumer credit / instant loans 404 1 13 5.32 4.487 1 Information received from an advertiser or the seller of the product 37 2 Information received from the office of the company that provides the product 151 3 Information received from the Internet 60 4 Product comparison 13 5 Advice from a friend or relative (who doesn't work in the financial sector) 5 6 Advice from a friend or relative (who works in the financial sector) 10 7 Information received from an employee of a company in the financial sector 5 8 Information received from the Finnish Financial Ombudsman Bureau (FINE) 0 9 Information received through media (other than advertising) 2 10 Other past personal experiences 23 11 Other, please specify 8 12 Can't say 49 13 Didn't respond 41 SYSMISS 1073 [q6e] What was the most important source of information when you were choosing: Insurance products What was the most important source of information when you were choosing: Insurance products 1203 1 13 4.15 3.350 1 Information received from an advertiser or the seller of the product 96 2 Information received from the office of the company that provides the product 509 3 Information received from the Internet 145 4 Product comparison 113 5 Advice from a friend or relative (who doesn't work in the financial sector) 84 6 Advice from a friend or relative (who works in the financial sector) 36 7 Information received from an employee of a company in the financial sector 13 8 Information received from the Finnish Financial Ombudsman Bureau (FINE) 0 9 Information received through media (other than advertising) 11 10 Other past personal experiences 81 11 Other, please specify 42 12 Can't say 61 13 Didn't respond 12 SYSMISS 274 [q7_1] Do you think the following statement is true or false: Before buying something, you consider carefully whether you can afford it Do you think the following statement is true or false: Before buying something, you consider carefully whether you can afford it 1477 1 7 1.71 1.041 1 Completely true 831 2 Somewhat true 424 3 Neither true nor false 91 4 Somewhat false 95 5 Completely false 27 6 Can't say (SPONTANEOUS) 5 7 Didn't respond 4 [q7_2] Do you think the following statement is true or false: You live only for today and don't worry about tomorrow Do you think the following statement is true or false: You live only for today and don't worry about tomorrow 1477 1 7 3.91 1.314 1 Completely true 105 2 Somewhat true 178 3 Neither true nor false 165 4 Somewhat false 350 5 Completely false 665 6 Can't say (SPONTANEOUS) 10 7 Didn't respond 4 [q7_3] Do you think the following statement is true or false: You get more pleasure from spending money right away than from saving for the future Do you think the following statement is true or false: You get more pleasure from spending money right away than from saving for the future 1477 1 7 3.69 1.311 1 Completely true 113 2 Somewhat true 195 3 Neither true nor false 276 4 Somewhat false 363 5 Completely false 512 6 Can't say (SPONTANEOUS) 14 7 Didn't respond 4 [q7_4] Do you think the following statement is true or false: You pay your bills on time Do you think the following statement is true or false: You pay your bills on time 1477 1 7 1.34 .767 1 Completely true 1133 2 Somewhat true 257 3 Neither true nor false 33 4 Somewhat false 37 5 Completely false 14 6 Can't say (SPONTANEOUS) 1 7 Didn't respond 2 [q7_5] Do you think the following statement is true or false: You are ready to lose some of your money when saving or investing, if there is a better chance of higher profits Do you think the following statement is true or false: You are ready to lose some of your money when saving or investing, if there is a better chance of higher profits 1477 1 7 3.50 1.428 1 Completely true 136 2 Somewhat true 336 3 Neither true nor false 201 4 Somewhat false 303 5 Completely false 472 6 Can't say (SPONTANEOUS) 23 7 Didn't respond 6 [q7_6] Do you think the following statement is true or false: You monitor your personal finances carefully Do you think the following statement is true or false: You monitor your personal finances carefully 1477 1 7 1.67 .952 1 Completely true 822 2 Somewhat true 457 3 Neither true nor false 94 4 Somewhat false 74 5 Completely false 29 6 Can't say (SPONTANEOUS) 0 7 Didn't respond 1 [q7_7] Do you think the following statement is true or false: You set financial goals for the future and try to achieve them Do you think the following statement is true or false: You set financial goals for the future and try to achieve them 1477 1 7 2.19 1.213 1 Completely true 489 2 Somewhat true 576 3 Neither true nor false 172 4 Somewhat false 141 5 Completely false 85 6 Can't say (SPONTANEOUS) 13 7 Didn't respond 1 [q7_8] Do you think the following statement is true or false: Money is for spending Do you think the following statement is true or false: Money is for spending 1477 1 7 2.29 1.189 1 Completely true 422 2 Somewhat true 560 3 Neither true nor false 230 4 Somewhat false 182 5 Completely false 76 6 Can't say (SPONTANEOUS) 3 7 Didn't respond 4 [q7_9] Do you think the following statement is true or false: Before you sign a financial agreement, you read the terms and conditions carefully Do you think the following statement is true or false: Before you sign a financial agreement, you read the terms and conditions carefully 1477 1 7 1.59 1.053 1 Completely true 973 2 Somewhat true 322 3 Neither true nor false 66 4 Somewhat false 72 5 Completely false 28 6 Can't say (SPONTANEOUS) 10 7 Didn't respond 6 [q7_10] Do you think the following statement is true or false: You like taking risks, and you don't try to shield yourself from hardships of life Do you think the following statement is true or false: You like taking risks, and you don't try to shield yourself from hardships of life 1477 1 7 3.87 1.292 1 Completely true 81 2 Somewhat true 217 3 Neither true nor false 161 4 Somewhat false 398 5 Completely false 599 6 Can't say (SPONTANEOUS) 12 7 Didn't respond 9 [q8] It can happen, on occasion, that the funds at your disposal are not sufficient to cover expenses. Has this happened to you in the past 12 months? It can happen, on occasion, that the funds at your disposal are not sufficient to cover expenses. Has this happened to you in the past 12 months? 1477 1 4 1.75 .486 1 Yes 400 2 No 1049 3 Can't say 24 4 Didn't respond 4 [q9_1] What did you do to make ends meet the last time your income did not cover your expenses? I deposited money from my savings to my current account What did you do to make ends meet the last time your income did not cover your expenses? I deposited money from my savings to my current account 400 0 1 .16 .362 0 Not mentioned 338 1 Mentioned 62 SYSMISS 1077 [q9_2] What did you do to make ends meet the last time your income did not cover your expenses? I reduced my expenses or didn't spend at all What did you do to make ends meet the last time your income did not cover your expenses? I reduced my expenses or didn't spend at all 400 0 1 .25 .432 0 Not mentioned 301 1 Mentioned 99 SYSMISS 1077 [q9_3] What did you do to make ends meet the last time your income did not cover your expenses? I sold something I owned What did you do to make ends meet the last time your income did not cover your expenses? I sold something I owned 400 0 1 .06 .242 0 Not mentioned 375 1 Mentioned 25 SYSMISS 1077 [q9_4] What did you do to make ends meet the last time your income did not cover your expenses? I worked overtime What did you do to make ends meet the last time your income did not cover your expenses? I worked overtime 400 0 1 .04 .190 0 Not mentioned 385 1 Mentioned 15 SYSMISS 1077 [q9_5] What did you do to make ends meet the last time your income did not cover your expenses? I took on temporary work What did you do to make ends meet the last time your income did not cover your expenses? I took on temporary work 400 0 1 .02 .148 0 Not mentioned 391 1 Mentioned 9 SYSMISS 1077 [q9_6] What did you do to make ends meet the last time your income did not cover your expenses? I borrowed food or money from family or friends What did you do to make ends meet the last time your income did not cover your expenses? I borrowed food or money from family or friends 400 0 1 .30 .458 0 Not mentioned 281 1 Mentioned 119 SYSMISS 1077 [q9_7] What did you do to make ends meet the last time your income did not cover your expenses? I borrowed money from my employer or received a salary advance What did you do to make ends meet the last time your income did not cover your expenses? I borrowed money from my employer or received a salary advance 400 0 1 .01 .086 0 Not mentioned 397 1 Mentioned 3 SYSMISS 1077 [q9_8] What did you do to make ends meet the last time your income did not cover your expenses? I took things to a pawn shop What did you do to make ends meet the last time your income did not cover your expenses? I took things to a pawn shop 400 0 0 .00 .000 0 Not mentioned 400 1 Mentioned 0 SYSMISS 1077 [q9_9] What did you do to make ends meet the last time your income did not cover your expenses? I withdrew money from my pension insurance What did you do to make ends meet the last time your income did not cover your expenses? I withdrew money from my pension insurance 400 0 0 .00 .000 0 Not mentioned 400 1 Mentioned 0 SYSMISS 1077 [q9_10] What did you do to make ends meet the last time your income did not cover your expenses? I overdrew my account What did you do to make ends meet the last time your income did not cover your expenses? I overdrew my account 400 0 1 .02 .140 0 Not mentioned 392 1 Mentioned 8 SYSMISS 1077 [q9_11] What did you do to make ends meet the last time your income did not cover your expenses? I used a credit card What did you do to make ends meet the last time your income did not cover your expenses? I used a credit card 400 0 1 .10 .294 0 Not mentioned 362 1 Mentioned 38 SYSMISS 1077 [q9_12] What did you do to make ends meet the last time your income did not cover your expenses? I left bills unpaid What did you do to make ends meet the last time your income did not cover your expenses? I left bills unpaid 400 0 1 .09 .279 0 Not mentioned 366 1 Mentioned 34 SYSMISS 1077 [q9_13] What did you do to make ends meet the last time your income did not cover your expenses? I combined my existing loans What did you do to make ends meet the last time your income did not cover your expenses? I combined my existing loans 400 0 1 .13 .331 0 Not mentioned 350 1 Mentioned 50 SYSMISS 1077 [q9_14] What did you do to make ends meet the last time your income did not cover your expenses? I took a new loan from a bank What did you do to make ends meet the last time your income did not cover your expenses? I took a new loan from a bank 400 0 1 .05 .208 0 Not mentioned 382 1 Mentioned 18 SYSMISS 1077 [q9_15] What did you do to make ends meet the last time your income did not cover your expenses? I took a new instant loan What did you do to make ends meet the last time your income did not cover your expenses? I took a new instant loan 400 0 1 .03 .164 0 Not mentioned 389 1 Mentioned 11 SYSMISS 1077 [q9_16] What did you do to make ends meet the last time your income did not cover your expenses? I took a loan from an unofficial lender What did you do to make ends meet the last time your income did not cover your expenses? I took a loan from an unofficial lender 400 0 1 .01 .086 0 Not mentioned 397 1 Mentioned 3 SYSMISS 1077 [q9_17] What did you do to make ends meet the last time your income did not cover your expenses? I applied for social assistance What did you do to make ends meet the last time your income did not cover your expenses? I applied for social assistance 400 0 1 .03 .178 0 Not mentioned 387 1 Mentioned 13 SYSMISS 1077 [q9_18] What did you do to make ends meet the last time your income did not cover your expenses? Other, please specify What did you do to make ends meet the last time your income did not cover your expenses? Other, please specify 400 0 1 .09 .283 0 Not mentioned 365 1 Mentioned 35 SYSMISS 1077 [q9_19] What did you do to make ends meet the last time your income did not cover your expenses? Don't know/can't say What did you do to make ends meet the last time your income did not cover your expenses? Don't know/can't say 400 0 1 .02 .131 0 Not mentioned 393 1 Mentioned 7 SYSMISS 1077 [q9_20] What did you do to make ends meet the last time your income did not cover your expenses? Doesn't want to answer What did you do to make ends meet the last time your income did not cover your expenses? Doesn't want to answer 400 0 1 .01 .071 0 Not mentioned 398 1 Mentioned 2 SYSMISS 1077 [q10_1] Have you used some of the following ways to save money in the past 12 months? Saved cash in your home or wallet Have you used some of the following ways to save money in the past 12 months? Saved cash in your home or wallet 1477 0 1 .24 .429 0 Not mentioned 1118 1 Mentioned 359 [q10_2] Have you used some of the following ways to save money in the past 12 months? Saved money to your current account Have you used some of the following ways to save money in the past 12 months? Saved money to your current account 1477 0 1 .40 .491 0 Not mentioned 879 1 Mentioned 598 [q10_3] Have you used some of the following ways to save money in the past 12 months? Deposited money to some other account such as a savings account or a time deposit account Have you used some of the following ways to save money in the past 12 months? Deposited money to some other account such as a savings account or a time deposit account 1477 0 1 .33 .471 0 Not mentioned 988 1 Mentioned 489 [q10_4] Have you used some of the following ways to save money in the past 12 months? Given money to a family member so that they can save it for you Have you used some of the following ways to save money in the past 12 months? Given money to a family member so that they can save it for you 1477 0 1 .04 .202 0 Not mentioned 1414 1 Mentioned 63 [q10_5] Have you used some of the following ways to save money in the past 12 months? Invested money in shares/stock, funds, savings insurance or bonds Have you used some of the following ways to save money in the past 12 months? Invested money in shares/stock, funds, savings insurance or bonds 1477 0 1 .14 .344 0 Not mentioned 1275 1 Mentioned 202 [q10_6] Have you used some of the following ways to save money in the past 12 months? Saved money in some other way Have you used some of the following ways to save money in the past 12 months? Saved money in some other way 1477 0 1 .05 .211 0 Not mentioned 1408 1 Mentioned 69 [q10_7] Have you used some of the following ways to save money in the past 12 months? Haven't actively saved money Have you used some of the following ways to save money in the past 12 months? Haven't actively saved money 1477 0 1 .21 .409 0 Not mentioned 1164 1 Mentioned 313 [q10_8] Have you used some of the following ways to save money in the past 12 months? Can't say Have you used some of the following ways to save money in the past 12 months? Can't say 1477 0 1 .00 .045 0 Not mentioned 1474 1 Mentioned 3 [q10_9] Have you used some of the following ways to save money in the past 12 months? Didn't respond Have you used some of the following ways to save money in the past 12 months? Didn't respond 1477 0 1 .00 .064 0 Not mentioned 1471 1 Mentioned 6 [q11] If you lost your main source of income, how long would you be able to maintain your current lifestyle without borrowing money or moving house? If you lost your main source of income, how long would you be able to maintain your current lifestyle without borrowing money or moving house? 1477 1 7 3.84 1.277 1 Less than a week 86 2 At least a week, but not a month 144 3 At least a month, but not three months 345 4 At least three months, but not six months 287 5 Longer than six months 579 6 Can't say 31 7 Didn't respond 5 [q12a] How much of your net income, that is the income that is left after taxes and social contributions, do you save each month? How much of your net income, that is the income that is left after taxes and social contributions, do you save each month? 1477 1 11 3.26 2.268 1 Nothing 383 2 0 - 5% 260 3 5 - 10% 314 4 10 - 20% 194 5 20 - 30% 124 6 30 - 40% 68 7 40 - 50% 40 8 50 - 60% 26 9 Over 60% 16 10 Don't know/can't say 40 11 Didn't respond 12 [q12b] How much of your net income goes into paying off loans and interest each month? Include housing loan and all other loans How much of your net income goes into paying off loans and interest each month? Include housing loan and all other loans 1477 1 11 2.61 2.287 1 Nothing 802 2 0 - 5% 132 3 5 - 10% 118 4 10 - 20% 124 5 20 - 30% 134 6 30 - 40% 65 7 40 - 50% 38 8 50 - 60% 16 9 Over 60% 11 10 Don't know/can't say 27 11 Didn't respond 10 [q13] How much easily disposable money do you think should be saved for a rainy day? How much easily disposable money do you think should be saved for a rainy day? 1477 1 10 4.45 2.043 1 Less than half of monthly net income 66 2 Approximately half of monthly net income 167 3 Approximately one month's net income 349 4 Approximately two months' net income 254 5 Approximately three months' net income 209 6 The net income of 3-6 months 183 7 The net income of 6-12 months 92 8 The net income of over a year 104 9 Can't say 45 10 Didn't respond 8 [q14] How much immediately disposable money do you currently have in your bank account? How much immediately disposable money do you currently have in your bank account? 1477 1 5 2.14 1.012 1 More than you mentioned in the previous question 509 2 Approximately the same amount you mentioned in the previous question 375 3 Less than you mentioned in the previous question 509 4 Can't say 47 5 Didn't respond 37 [q15_1] Do you think the following statement is true or false: The purpose of insurance is to restore the insured to the same financial level as before the accident/damage Do you think the following statement is true or false: The purpose of insurance is to restore the insured to the same financial level as before the accident/damage 1477 1 3 1.37 .613 1 True 1032 2 False 340 3 Can't say 105 [q15_2] Do you think the following statement is true or false: Life insurance is necessary for all families with children or loans Do you think the following statement is true or false: Life insurance is necessary for all families with children or loans 1477 1 3 1.24 .530 1 True 1196 2 False 208 3 Can't say 73 [q15_3] Do you think the following statement is true or false: I can also save money with my life insurance Do you think the following statement is true or false: I can also save money with my life insurance 1477 1 3 1.62 .780 1 True 832 2 False 369 3 Can't say 276 [q15_4] Do you think the following statement is true or false: A higher insurance deductible means lower insurance premiums Do you think the following statement is true or false: A higher insurance deductible means lower insurance premiums 1477 1 3 1.42 .725 1 True 1069 2 False 200 3 Can't say 208 [q15_5] Do you think the following statement is true or false: There are many kinds of home insurances: limited, extensive and in different price ranges Do you think the following statement is true or false: There are many kinds of home insurances: limited, extensive and in different price ranges 1477 1 3 1.12 .454 1 True 1381 2 False 20 3 Can't say 76 [q15_6] Do you think the following statement is true or false: Taking out home insurance is worthwhile only for owner-occupied homes Do you think the following statement is true or false: Taking out home insurance is worthwhile only for owner-occupied homes 1477 1 3 1.92 .372 1 True 169 2 False 1262 3 Can't say 46 [q15_7] Do you think the following statement is true or false: Home insurance compensates sudden increases in the price of electricity Do you think the following statement is true or false: Home insurance compensates sudden increases in the price of electricity 1477 1 3 2.05 .302 1 True 30 2 False 1338 3 Can't say 109 [q15_8] Do you think the following statement is true or false: I pay for home insurance for five years, and there are no accidents or damages to my property. My insurance has been useless Do you think the following statement is true or false: I pay for home insurance for five years, and there are no accidents or damages to my property. My insurance has been useless 1477 1 3 1.82 .477 1 True 325 2 False 1093 3 Can't say 59 [q16_1] To what extent do you agree or disagree with the following statement? I know what my insurances cover To what extent do you agree or disagree with the following statement? I know what my insurances cover 1477 1 7 2.07 1.212 1 Strongly agree 512 2 Agree to some extent 666 3 Neither agree nor disagree 116 4 Disagree to some extent 107 5 Strongly disagree 32 6 Can't say (SPONTANEOUS) 30 7 Didn't respond 14 [q16_2] To what extent do you agree or disagree with the following statement? I understand the contents and terms and conditions of different insurances To what extent do you agree or disagree with the following statement? I understand the contents and terms and conditions of different insurances 1477 1 7 2.41 1.264 1 Strongly agree 342 2 Agree to some extent 652 3 Neither agree nor disagree 166 4 Disagree to some extent 213 5 Strongly disagree 69 6 Can't say (SPONTANEOUS) 28 7 Didn't respond 7 [q16_3] To what extent do you agree or disagree with the following statement? I can compare the features and premiums of different insurances with each other To what extent do you agree or disagree with the following statement? I can compare the features and premiums of different insurances with each other 1477 1 7 2.52 1.399 1 Strongly agree 375 2 Agree to some extent 558 3 Neither agree nor disagree 166 4 Disagree to some extent 220 5 Strongly disagree 106 6 Can't say (SPONTANEOUS) 43 7 Didn't respond 9 [q17] After an accident or damage to your property has occured, when do you have to file a claim with the insurance company? After an accident or damage to your property has occured, when do you have to file a claim with the insurance company? 1477 1 5 2.01 .948 1 Two months after the accident or damage occurred at the latest 379 2 As quickly as possible after the accident or damage occurred, but in a year at the latest 928 3 It isn't necessary to file a claim, because the insurance company will deal with the issue 2 4 The claim should be filed as soon as possible with the police, who will then notify the insurance company 113 5 Don't know/can't say 55 [q18] Does insurance always cover the cost of a new equivalent product, e.g. if an old bicycle is stolen, or is the replacement value of the bicycle compensated? Does insurance always cover the cost of a new equivalent product, e.g. if an old bicycle is stolen, or is the replacement value of the bicycle compensated? 1477 1 3 2.03 .402 1 Insurance covers the cost of a new equivalent product 100 2 The replacement value of the bicycle is compensated 1238 3 Don't know/can't say 139 [q19] Let's say that your friend, who has taken out insurance from the same company as you have, exaggerates the damage that happened to them and receives a bigger compensation. How does this effect your insurance? Let's say that your friend, who has taken out insurance from the same company as you have, exaggerates the damage that happened to them and receives a bigger compensation. How does this effect your insurance? 1477 1 4 1.78 .733 1 It doesn't, because the damage occurred to my friend 510 2 The cost of my insurance increases because of my friend's fraudulent actions 869 3 The cost of my insurance decreases, because the company has one less case to compensate 12 4 Don't know/can't say 86 [q20] Are you currently or have you in the past been an entrepreneur, self-employed or an own-account worker? Which of the following describes your situation? Are you currently or have you in the past been an entrepreneur, self-employed or an own-account worker? Which of the following describes your situation? 1477 1 4 2.34 .911 1 You are at present an entrepreneur, self-employed or an own-account worker 430 2 You aren't an entrepreneur, self-employed or an own-account worker at present but have been in the past 130 3 You aren't and never have been an entrepreneur, self-employed or an own-account worker 900 4 No answer/can't say 17 [q21] How long have you been or were you an entrepreneur, self-employed or an own-account worker? (in years) How long have you been or were you an entrepreneur, self-employed or an own-account worker? (in years) 559 1 55 15.36 12.550 [q22] How many businesses have you owned / co-owned? In this context, owning a business refers to being an entrepreneur, self-employed or an own-account worker rather than investing in shares/stock, being a member of a cooperative etc. How many businesses have you owned / co-owned? In this context, owning a business refers to being an entrepreneur, self-employed or an own-account worker rather than investing in shares/stock, being a member of a cooperative etc. 560 1 3 1.30 .492 1 One business 402 2 2-4 businesses 149 3 5 businesses or more 9 4 Can't say/don't want to say 0 SYSMISS 917 [q23] Do you have pension insurance for the self-employed (YEL insurance)? Do you have pension insurance for the self-employed (YEL insurance)? 430 1 2 1.14 .352 1 Yes 368 2 No 62 3 Don't know/can't say 0 4 Didn't respond 0 SYSMISS 1047 [q24] How much is your annual YEL income, the income on which YEL insurance is based, which determines how much pension and social security you accumulate? If you don't know the exact sum, please give your best estimate. (in euros) How much is your annual YEL income, the income on which YEL insurance is based, which determines how much pension and social security you accumulate? If you don't know the exact sum, please give your best estimate. (in euros) 294 2 100000 22749.45 17914.127 [q25] Have you reported your YEL income as... Have you reported your YEL income as... 368 1 4 2.16 .959 1 Equivalent to the actual income I receive from entrepreneurial activities 129 2 Higher than the actual income I receive from entrepreneurial activities 66 3 Lower than the actual income I receive from entrepreneurial activities 158 4 Can't say 15 SYSMISS 1109 [q26_1] Why have you reported your YEL income as lower than your actual income? The insurance premium would be too high with my actual income Why have you reported your YEL income as lower than your actual income? The insurance premium would be too high with my actual income 158 0 1 .41 .494 0 Not mentioned 93 1 Mentioned 65 SYSMISS 1319 [q26_2] Why have you reported your YEL income as lower than your actual income? I have private pension insurance Why have you reported your YEL income as lower than your actual income? I have private pension insurance 158 0 1 .20 .403 0 Not mentioned 126 1 Mentioned 32 SYSMISS 1319 [q26_3] Why have you reported your YEL income as lower than your actual income? I use other means to save money for my pension Why have you reported your YEL income as lower than your actual income? I use other means to save money for my pension 158 0 1 .28 .450 0 Not mentioned 114 1 Mentioned 44 SYSMISS 1319 [q26_4] Why have you reported your YEL income as lower than your actual income? I estimated the income accumulated by my entrepreneurial activities wrong when taking out the insurance Why have you reported your YEL income as lower than your actual income? I estimated the income accumulated by my entrepreneurial activities wrong when taking out the insurance 158 0 1 .03 .158 0 Not mentioned 154 1 Mentioned 4 SYSMISS 1319 [q26_5] Why have you reported your YEL income as lower than your actual income? My actual income has increased since I reported my YEL income Why have you reported your YEL income as lower than your actual income? My actual income has increased since I reported my YEL income 158 0 1 .11 .319 0 Not mentioned 140 1 Mentioned 18 SYSMISS 1319 [q26_6] Why have you reported your YEL income as lower than your actual income? I don't think I will receive a pension that corresponds to the pension contributions Why have you reported your YEL income as lower than your actual income? I don't think I will receive a pension that corresponds to the pension contributions 158 0 1 .25 .433 0 Not mentioned 119 1 Mentioned 39 SYSMISS 1319 [q26_7] Why have you reported your YEL income as lower than your actual income? Other reason, please specify Why have you reported your YEL income as lower than your actual income? Other reason, please specify 158 0 1 .06 .244 0 Not mentioned 148 1 Mentioned 10 SYSMISS 1319 [q26_8] Why have you reported your YEL income as lower than your actual income? Can't say Why have you reported your YEL income as lower than your actual income? Can't say 158 0 1 .03 .158 0 Not mentioned 154 1 Mentioned 4 SYSMISS 1319 [q26_9] Why have you reported your YEL income as lower than your actual income? Didn't respond Why have you reported your YEL income as lower than your actual income? Didn't respond 158 0 0 .00 .000 0 Not mentioned 158 1 Mentioned 0 SYSMISS 1319 [q27_1] Why have you reported your YEL income as higher than your actual income? I want to ensure a sufficient pension security Why have you reported your YEL income as higher than your actual income? I want to ensure a sufficient pension security 66 0 1 .62 .489 0 Not mentioned 25 1 Mentioned 41 SYSMISS 1411 [q27_2] Why have you reported your YEL income as higher than your actual income? I want to ensure sufficient social security for myself Why have you reported your YEL income as higher than your actual income? I want to ensure sufficient social security for myself 66 0 1 .29 .456 0 Not mentioned 47 1 Mentioned 19 SYSMISS 1411 [q27_3] Why have you reported your YEL income as higher than your actual income? I estimated the income accumulated by my entrepreneurial activities wrong when taking out the insurance Why have you reported your YEL income as higher than your actual income? I estimated the income accumulated by my entrepreneurial activities wrong when taking out the insurance 66 0 1 .02 .123 0 Not mentioned 65 1 Mentioned 1 SYSMISS 1411 [q27_4] Why have you reported your YEL income as higher than your actual income? My actual income has decreased since I reported my YEL income Why have you reported your YEL income as higher than your actual income? My actual income has decreased since I reported my YEL income 66 0 1 .12 .329 0 Not mentioned 58 1 Mentioned 8 SYSMISS 1411 [q27_5] Why have you reported your YEL income as higher than your actual income? My actual income is lower than the minimum limit for statutory YEL insurance Why have you reported your YEL income as higher than your actual income? My actual income is lower than the minimum limit for statutory YEL insurance 66 0 1 .17 .376 0 Not mentioned 55 1 Mentioned 11 SYSMISS 1411 [q27_6] Why have you reported your YEL income as higher than your actual income? Other reason, please specify Why have you reported your YEL income as higher than your actual income? Other reason, please specify 66 0 1 .05 .210 0 Not mentioned 63 1 Mentioned 3 SYSMISS 1411 [q27_7] Why have you reported your YEL income as higher than your actual income? Can't say Why have you reported your YEL income as higher than your actual income? Can't say 66 0 0 .00 .000 0 Not mentioned 66 1 Mentioned 0 SYSMISS 1411 [q27_8] Why have you reported your YEL income as higher than your actual income? Didn't respond Why have you reported your YEL income as higher than your actual income? Didn't respond 66 0 0 .00 .000 0 Not mentioned 66 1 Mentioned 0 SYSMISS 1411 [q28a_1] Do you know which of the following benefits you are entitled to through your YEL insurance? Old-age pension Do you know which of the following benefits you are entitled to through your YEL insurance? Old-age pension 368 1 3 1.28 .604 1 Yes 296 2 No 42 3 Don't know/can't say (this is also shown on the card) 30 SYSMISS 1109 [q28a_2] Do you know which of the following benefits you are entitled to through your YEL insurance? Disability pension Do you know which of the following benefits you are entitled to through your YEL insurance? Disability pension 368 1 3 1.50 .781 1 Yes 250 2 No 52 3 Don't know/can't say (this is also shown on the card) 66 SYSMISS 1109 [q28a_3] Do you know which of the following benefits you are entitled to through your YEL insurance? Survivors' pension Do you know which of the following benefits you are entitled to through your YEL insurance? Survivors' pension 368 1 3 2.12 .759 1 Yes 86 2 No 151 3 Don't know/can't say (this is also shown on the card) 131 SYSMISS 1109 [q28a_4] Do you know which of the following benefits you are entitled to through your YEL insurance? Accident insurance Do you know which of the following benefits you are entitled to through your YEL insurance? Accident insurance 368 1 3 1.88 .632 1 Yes 98 2 No 216 3 Don't know/can't say (this is also shown on the card) 54 SYSMISS 1109 [q28a_5] Do you know which of the following benefits you are entitled to through your YEL insurance? Liability insurance Do you know which of the following benefits you are entitled to through your YEL insurance? Liability insurance 368 1 3 2.05 .652 1 Yes 70 2 No 211 3 Don't know/can't say (this is also shown on the card) 87 SYSMISS 1109 [q28a_6] Do you know which of the following benefits you are entitled to through your YEL insurance? Sickness allowance Do you know which of the following benefits you are entitled to through your YEL insurance? Sickness allowance 368 1 3 1.36 .650 1 Yes 270 2 No 63 3 Don't know/can't say (this is also shown on the card) 35 SYSMISS 1109 [q28b_1] Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Old-age pension Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Old-age pension 1109 1 3 1.34 .683 1 Yes 865 2 No 110 3 Don't know/can't say (this is also shown on the card) 134 SYSMISS 368 [q28b_2] Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Disability pension Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Disability pension 1109 1 3 1.48 .756 1 Yes 750 2 No 181 3 Don't know/can't say (this is also shown on the card) 178 SYSMISS 368 [q28b_3] Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Survivors' pension Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Survivors' pension 1109 1 3 2.01 .791 1 Yes 341 2 No 416 3 Don't know/can't say (this is also shown on the card) 352 SYSMISS 368 [q28b_4] Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Accident insurance Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Accident insurance 1109 1 3 1.89 .724 1 Yes 359 2 No 515 3 Don't know/can't say (this is also shown on the card) 235 SYSMISS 368 [q28b_5] Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Liability insurance Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Liability insurance 1109 1 3 2.24 .677 1 Yes 154 2 No 539 3 Don't know/can't say (this is also shown on the card) 416 SYSMISS 368 [q28b_6] Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Sickness allowance Do you know which of the following benefits you are entitled to through statutory pension insurance? This includes benefits gained through both the national pension and earnings-related pension systems. Sickness allowance 1109 1 3 1.57 .774 1 Yes 672 2 No 241 3 Don't know/can't say (this is also shown on the card) 196 SYSMISS 368 [q29] Have you ever considered how much money in total you should save for retirement? Have you ever considered how much money in total you should save for retirement? 1085 1 4 1.76 .580 1 Yes 334 2 No 692 3 Don't know/can't say 47 4 Didn't respond 12 SYSMISS 392 [q30] When you consider the level of pension you aim to have, do you feel... When you consider the level of pension you aim to have, do you feel... 1085 1 6 3.05 1.313 1 You save enough money 165 2 You save too little money 310 3 You save too much money, or is it that 8 4 You don't aim for any specific level of pension 531 5 You haven't thought about the issue 54 6 Can't say 17 7 Didn't respond 0 SYSMISS 392 [q31_1] Why do you feel you are not saving enough for retirement? I don't earn enough money Why do you feel you are not saving enough for retirement? I don't earn enough money 310 0 1 .62 .486 0 Not mentioned 117 1 Mentioned 193 SYSMISS 1167 [q31_2] Why do you feel you are not saving enough for retirement? I want to spend my money now Why do you feel you are not saving enough for retirement? I want to spend my money now 310 0 1 .09 .292 0 Not mentioned 281 1 Mentioned 29 SYSMISS 1167 [q31_3] Why do you feel you are not saving enough for retirement? I'm going to save more money in the future Why do you feel you are not saving enough for retirement? I'm going to save more money in the future 310 0 1 .22 .414 0 Not mentioned 242 1 Mentioned 68 SYSMISS 1167 [q31_4] Why do you feel you are not saving enough for retirement? I haven't thought about the issue Why do you feel you are not saving enough for retirement? I haven't thought about the issue 310 0 1 .13 .332 0 Not mentioned 271 1 Mentioned 39 SYSMISS 1167 [q31_5] Why do you feel you are not saving enough for retirement? I'm not interested in financial affairs Why do you feel you are not saving enough for retirement? I'm not interested in financial affairs 310 0 1 .01 .113 0 Not mentioned 306 1 Mentioned 4 SYSMISS 1167 [q31_6] Why do you feel you are not saving enough for retirement? Don't know/can't say Why do you feel you are not saving enough for retirement? Don't know/can't say 310 0 1 .01 .080 0 Not mentioned 308 1 Mentioned 2 SYSMISS 1167 [q31_7] Why do you feel you are not saving enough for retirement? Didn't respond Why do you feel you are not saving enough for retirement? Didn't respond 310 0 1 .01 .113 0 Not mentioned 306 1 Mentioned 4 SYSMISS 1167 [q32] At what age do you think a person should start planning for their retirement? At what age do you think a person should start planning for their retirement? 1083 5 98 39.34 19.016 [q33_1] How have you prepared or are going to prepare for retirement? I have taken out a voluntary pension insurance How have you prepared or are going to prepare for retirement? I have taken out a voluntary pension insurance 1085 0 1 .23 .423 0 Not mentioned 832 1 Mentioned 253 SYSMISS 392 [q33_2] How have you prepared or are going to prepare for retirement? I use other means to save money for retirement How have you prepared or are going to prepare for retirement? I use other means to save money for retirement 1085 0 1 .33 .471 0 Not mentioned 725 1 Mentioned 360 SYSMISS 392 [q33_3] How have you prepared or are going to prepare for retirement? I'm going to keep working when I'm retired How have you prepared or are going to prepare for retirement? I'm going to keep working when I'm retired 1085 0 1 .25 .431 0 Not mentioned 817 1 Mentioned 268 SYSMISS 392 [q33_4] How have you prepared or are going to prepare for retirement? I'm going to sell a house or an apartment How have you prepared or are going to prepare for retirement? I'm going to sell a house or an apartment 1085 0 1 .06 .241 0 Not mentioned 1018 1 Mentioned 67 SYSMISS 392 [q33_5] How have you prepared or are going to prepare for retirement? I'm going to sell a business How have you prepared or are going to prepare for retirement? I'm going to sell a business 1085 0 1 .11 .316 0 Not mentioned 963 1 Mentioned 122 SYSMISS 392 [q33_6] How have you prepared or are going to prepare for retirement? I'm going to sell some other property How have you prepared or are going to prepare for retirement? I'm going to sell some other property 1085 0 1 .09 .283 0 Not mentioned 990 1 Mentioned 95 SYSMISS 392 [q33_7] How have you prepared or are going to prepare for retirement? I'm going to take out / have taken out a reverse mortgage How have you prepared or are going to prepare for retirement? I'm going to take out / have taken out a reverse mortgage 1085 0 1 .02 .156 0 Not mentioned 1058 1 Mentioned 27 SYSMISS 392 [q33_8] How have you prepared or are going to prepare for retirement? I'm going to rely on the help of my spouse, children or other relatives How have you prepared or are going to prepare for retirement? I'm going to rely on the help of my spouse, children or other relatives 1085 0 1 .06 .230 0 Not mentioned 1024 1 Mentioned 61 SYSMISS 392 [q33_9] How have you prepared or are going to prepare for retirement? My earnings-related pension is sufficient to cover my expenses during retirement, so I don't need to prepare otherwise How have you prepared or are going to prepare for retirement? My earnings-related pension is sufficient to cover my expenses during retirement, so I don't need to prepare otherwise 1085 0 1 .23 .422 0 Not mentioned 833 1 Mentioned 252 SYSMISS 392 [q33_10] How have you prepared or are going to prepare for retirement? I haven't thought about the issue How have you prepared or are going to prepare for retirement? I haven't thought about the issue 1085 0 1 .04 .189 0 Not mentioned 1045 1 Mentioned 40 SYSMISS 392 [q33_11] How have you prepared or are going to prepare for retirement? Other, please specify How have you prepared or are going to prepare for retirement? Other, please specify 1085 0 1 .12 .322 0 Not mentioned 958 1 Mentioned 127 SYSMISS 392 [q33_12] How have you prepared or are going to prepare for retirement? Didn't respond How have you prepared or are going to prepare for retirement? Didn't respond 1085 0 1 .01 .121 0 Not mentioned 1069 1 Mentioned 16 SYSMISS 392 [q33b] How much statutory pension do you estimate to receive per month once you retire? If you don't know the exact sum, please give your best estimate. (euros per month) How much statutory pension do you estimate to receive per month once you retire? If you don't know the exact sum, please give your best estimate. (euros per month) 1085 1 9999 3780.36 3899.854 [q34a] How sure are you that you can maintain your desired standard of living in retirement? How sure are you that you can maintain your desired standard of living in retirement? 1085 1 6 2.42 1.092 1 Absolutely certain 205 2 Somewhat certain 456 3 Not very certain 250 4 Very uncertain 123 5 Don't know/can't say 40 6 Didn't respond 11 SYSMISS 392 [q34b] How well have you been able to maintain your desired standard of living in retirement? How well have you been able to maintain your desired standard of living in retirement? 392 1 6 1.94 .782 1 Very well 97 2 Fairly well 248 3 Fairly poorly 30 4 Very poorly 12 5 Don't know/can't say 2 6 Didn't respond 3 SYSMISS 1085 [q35] Imagine that five brothers receive 1,000 euros as a gift. How much money would each brother get, if the money was divided equally between the brothers? (in euros) Imagine that five brothers receive 1,000 euros as a gift. How much money would each brother get, if the money was divided equally between the brothers? (in euros) 1460 2 1000 211.54 97.963 [q36] You deposit 1,000 euros to your bank account. The annual interest rate is 1% and inflation rate 2%. No taxes are paid for the profits. In one year, can you buy more, less or the same amount as today with the money in the account? You deposit 1,000 euros to your bank account. The annual interest rate is 1% and inflation rate 2%. No taxes are paid for the profits. In one year, can you buy more, less or the same amount as today with the money in the account? 1477 1 5 2.86 .664 1 More than today 99 2 The same amount 128 3 Less than today 1140 4 Don't know 95 5 Didn't respond / unrelated response 15 [q37] Let's say that one night you lend your friend 25 euros, and they pay you back 25 euros the next day. What percentage of interest did they pay for their loan? Let's say that one night you lend your friend 25 euros, and they pay you back 25 euros the next day. What percentage of interest did they pay for their loan? 1456 0 80 .12 2.356 [q38_1] You deposit 100 euros to a savings account that has an annual interest rate of 2%. You don't use the account for a year. How much money is in the account at the end of the first year, interest included? (in euros) You deposit 100 euros to a savings account that has an annual interest rate of 2%. You don't use the account for a year. How much money is in the account at the end of the first year, interest included? (in euros) 1427 0 1500 107.51 72.784 [q38_2]You deposit 100 euros to a savings account that has an annual interest rate of 2%. You don't use the account for a year. How much money is in the account at the end of the first year, interest included? (in euros) You deposit 100 euros to a savings account that has an annual interest rate of 2%. You don't use the account for a year. How much money is in the account at the end of the first year, interest included? (in euros) 84 0 80 6.69 14.229 [q39] And how much money would be in the account in five years when the annual interest rate is 2% and taxes are not paid for the profits of the deposit? And how much money would be in the account in five years when the annual interest rate is 2% and taxes are not paid for the profits of the deposit? 1477 1 6 1.72 1.107 1 More than 110 euros 841 2 110 euros exactly 422 3 Less than 110 euros 98 4 Not possible to conclude based on the available information 42 5 Don't know 52 6 Didn't respond 22 [q40_1] Do you think the following statement is true or false: Investments that have high profits usually also have high risks Do you think the following statement is true or false: Investments that have high profits usually also have high risks 1477 1 3 1.15 .479 1 True 1326 2 False 77 3 Can't say (SPONTANEOUS) 74 [q40_2] Do you think the following statement is true or false: High inflation equals rapid decrease of the cost of living Do you think the following statement is true or false: High inflation equals rapid decrease of the cost of living 1477 1 3 1.77 .592 1 True 472 2 False 879 3 Can't say (SPONTANEOUS) 126 [q40_3] Do you think the following statement is true or false: Diversified investments constitute a higher risk for investment value decrease than a single investment Do you think the following statement is true or false: Diversified investments constitute a higher risk for investment value decrease than a single investment 1477 1 3 1.87 .558 1 True 342 2 False 991 3 Can't say (SPONTANEOUS) 144 [q40_4] Do you think the following statement is true or false: Investment funds provide a secure profit which depends on past profits Do you think the following statement is true or false: Investment funds provide a secure profit which depends on past profits 1477 1 3 1.97 .632 1 True 316 2 False 886 3 Can't say (SPONTANEOUS) 275 [q40_5] Do you think the following statement is true or false: In the long run, the value of stocks fluctuates more than the value of bonds Do you think the following statement is true or false: In the long run, the value of stocks fluctuates more than the value of bonds 1477 1 3 1.70 .904 1 True 894 2 False 136 3 Can't say (SPONTANEOUS) 447 [q40_6] Do you think the following statement is true or false: As the general interest rate increases, the value of bonds increases as well Do you think the following statement is true or false: As the general interest rate increases, the value of bonds increases as well 1477 1 3 1.93 .867 1 True 609 2 False 360 3 Can't say (SPONTANEOUS) 508 [q41] In your opinion, which of the following statements is true? In your opinion, which of the following statements is true? 1477 1 6 2.04 1.297 1 In addition to an annual fee, you have to pay interest for using a credit card regardless of when the debt is paid 626 2 If credit card debt is paid in full by the due date, you don't have to pay interest for using a credit card 566 3 If the minimum installment percentage is paid, you don't have to pay interest for using a credit card 59 4 You never have to pay interest for transactions made with a credit card 66 5 Don't know 146 6 Didn't respond 14 [q42_1] Do you think the following statement is true or false: You can get a payment default entry right away if you don't pay bills by their due date Do you think the following statement is true or false: You can get a payment default entry right away if you don't pay bills by their due date 1477 1 3 1.96 .305 1 True 99 2 False 1337 3 Can't say (SPONTANEOUS) 41 [q42_2] Do you think the following statement is true or false: You can lose your credit card if you get a payment default entry Do you think the following statement is true or false: You can lose your credit card if you get a payment default entry 1477 1 3 1.27 .597 1 True 1202 2 False 156 3 Can't say (SPONTANEOUS) 119 [q42_3] Do you think the following statement is true or false: A payment default entry can make renting an apartment harder Do you think the following statement is true or false: A payment default entry can make renting an apartment harder 1477 1 3 1.07 .322 1 True 1411 2 False 35 3 Can't say (SPONTANEOUS) 31 [q42_4] Do you think the following statement is true or false: A potential employer can't find out whether you have a payment default entry Do you think the following statement is true or false: A potential employer can't find out whether you have a payment default entry 1477 1 3 1.86 .564 1 True 355 2 False 977 3 Can't say (SPONTANEOUS) 145 [q42_5] Do you think the following statement is true or false: A payment default entry can remain in the register for over 20 years Do you think the following statement is true or false: A payment default entry can remain in the register for over 20 years 1477 1 3 1.83 .660 1 True 464 2 False 794 3 Can't say (SPONTANEOUS) 219 [q43] Have you had a payment default entry? Have you had a payment default entry? 1477 1 5 2.84 .506 1 Have had in the past and have right now 63 2 Have had in the past but not right now 127 3 Have never had 1275 4 Can't say 4 5 Didn't respond 8 [q44] Which of the following alternatives best describes your current debt situation? Which of the following alternatives best describes your current debt situation? 1477 1 6 2.97 1.098 1 I'm in too much debt and have difficulties managing them 90 2 Considering my financial circumstances, I have an appropriate amount of debt and no difficulties managing them 618 3 I have either too little or no debt, and I wish that I could apply for more 25 4 I have no debt and I'm happy with my situation 735 5 Can't say 3 6 Didn't respond 6 [q45_1] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Bank of Finland If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Bank of Finland 1477 0 1 .01 .104 0 Not mentioned 1461 1 Mentioned 16 [q45_2] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Court of Human Rights If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Court of Human Rights 1477 0 1 .01 .073 0 Not mentioned 1469 1 Mentioned 8 [q45_3] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Finnish Financial Ombudsman Bureau (FINE) If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Finnish Financial Ombudsman Bureau (FINE) 1477 0 1 .06 .232 0 Not mentioned 1393 1 Mentioned 84 [q45_4] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Insurance Court If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Insurance Court 1477 0 1 .08 .277 0 Not mentioned 1353 1 Mentioned 124 [q45_5] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? District Court If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? District Court 1477 0 1 .08 .275 0 Not mentioned 1355 1 Mentioned 122 [q45_6] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Centre for Economic Development, Transport and the Environment (ELY) If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Centre for Economic Development, Transport and the Environment (ELY) 1477 0 1 .00 .045 0 Not mentioned 1474 1 Mentioned 3 [q45_7] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Consumer Advisory Service If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Consumer Advisory Service 1477 0 1 .19 .396 0 Not mentioned 1189 1 Mentioned 288 [q45_8] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Consumer Disputes Board If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Consumer Disputes Board 1477 0 1 .22 .415 0 Not mentioned 1151 1 Mentioned 326 [q45_9] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Finnish Competition and Consumer Authority If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Finnish Competition and Consumer Authority 1477 0 1 .12 .320 0 Not mentioned 1306 1 Mentioned 171 [q45_10] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Other, please specify If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Other, please specify 1477 0 1 .18 .382 0 Not mentioned 1215 1 Mentioned 262 [q45_11] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Don't know/can't say If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Don't know/can't say 1477 0 1 .24 .430 0 Not mentioned 1116 1 Mentioned 361 [q45_12] If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Didn't respond If you are not satisfied with a decision made by a bank or insurance company, and you can't agree on a solution with them, where can you appeal the decision? Didn't respond 1477 0 1 .02 .124 0 Not mentioned 1454 1 Mentioned 23 [q46] How would you evaluate your ability to make good financial decisions for your household? How would you evaluate your ability to make good financial decisions for your household? 1477 1 7 4.13 .940 1 Totally insufficient 19 2 54 3 272 4 523 5 Totally sufficient 596 6 Can't say 9 7 Didn't respond 4 [q47_1] How satisfied are you at present with the following? Your financial circumstances How satisfied are you at present with the following? Your financial circumstances 1477 1 6 3.62 1.143 1 Completely dissatisfied 88 2 145 3 384 4 484 5 Completely satisfied 373 6 Can't say (SPONTANEOUS) 3 7 Didn't respond 0 [q47_2] How satisfied are you at present with the following? Your life in general How satisfied are you at present with the following? Your life in general 1477 1 6 4.19 .824 1 Completely dissatisfied 12 2 40 3 196 4 642 5 Completely satisfied 586 6 Can't say (SPONTANEOUS) 1 7 Didn't respond 0 [q48] Generally speaking, do you rather think that strangers can be trusted, or that you should be careful when dealing with strangers? Generally speaking, do you rather think that strangers can be trusted, or that you should be careful when dealing with strangers? 1477 1 4 1.89 .356 1 Strangers can be trusted 182 2 You should be careful when dealing with strangers 1278 3 Can't say (SPONTANEOUS) 15 4 Didn't respond 2 [q49_1] How much do you generally trust the following authorities? Banks How much do you generally trust the following authorities? Banks 1477 1 6 1.81 .617 1 To a large extent 429 2 To some extent 923 3 Not much 108 4 Not at all 16 5 Can't say (SPONTANEOUS) 0 6 Didn't respond 1 [q49_2] How much do you generally trust the following authorities? Insurance companies How much do you generally trust the following authorities? Insurance companies 1477 1 6 2.06 .708 1 To a large extent 238 2 To some extent 976 3 Not much 207 4 Not at all 42 5 Can't say (SPONTANEOUS) 13 6 Didn't respond 1 [q49_3] How much do you generally trust the following authorities? Schools and teachers How much do you generally trust the following authorities? Schools and teachers 1477 1 6 1.76 .741 1 To a large extent 527 2 To some extent 847 3 Not much 65 4 Not at all 13 5 Can't say (SPONTANEOUS) 21 6 Didn't respond 4 [q49_4] How much do you generally trust the following authorities? The judiciary How much do you generally trust the following authorities? The judiciary 1477 1 6 1.83 .748 1 To a large extent 466 2 To some extent 856 3 Not much 114 4 Not at all 22 5 Can't say (SPONTANEOUS) 15 6 Didn't respond 4 [t10] Which of the following income brackets do you belong to? Please estimate your average annual personal gross income before taxes and including salaries and benefits Which of the following income brackets do you belong to? Please estimate your average annual personal gross income before taxes and including salaries and benefits 1477 1 14 5.01 3.726 1 Less than 10,000 euros 229 2 10,000 - 14,999 euros 225 3 15,000 - 19,999 euros 201 4 20,000 - 24,999 euros 183 5 25,000 - 29,999 euros 142 6 30,000 - 34,999 euros 105 7 35,000 - 39,999 euros 74 8 40,000 - 44,999 euros 67 9 45,000 - 49,999 euros 46 10 50,000 - 54,999 euros 29 11 55,000 - 59,999 euros 11 12 60,000 euros or more 55 13 Can't say 38 14 Didn't respond 72 [t11] And which of the following income brackets does your household belong to? Please estimate the total average annual gross income of your household before taxes And which of the following income brackets does your household belong to? Please estimate the total average annual gross income of your household before taxes 877 1 14 6.44 3.768 1 Less than 20,000 euros 40 2 20,000 - 29,999 euros 62 3 30,000 - 39,999 euros 116 4 40,000 - 49,999 euros 120 5 50,000 - 59,999 euros 97 6 60,000 - 69,999 euros 99 7 70,000 - 79,999 euros 65 8 80,000 - 89,999 euros 53 9 90,000 - 99,999 euros 35 10 100,000 - 109,999 euros 25 11 110,000 - 119,999 euros 9 12 120,000 euros or more 42 13 Can't say 69 14 Didn't respond 45 SYSMISS 600 [t12] What is the highest level of education you have attained? What is the highest level of education you have attained? 1477 1 13 4.52 2.672 1 Primary or lower secondary education 262 2 Upper secondary education (general) 147 3 Short-cycle vocational course or on-the job training 82 4 Upper secondary education (vocational) 344 5 Short-cycle tertiary education (vocational college) 221 6 Post-secondary non-tertiary vocational education 46 7 University of applied sciences education 113 8 University education (Bachelor's or equivalent) 71 9 University education (Master's or equivalent) 171 10 Doctoral education or equivalent 3 11 Other, please specify 11 12 Can't say 3 13 Didn't respond 3 [t13] And what is your housing tenure? And what is your housing tenure? 1477 1 7 2.12 1.030 1 Rented dwelling 504 2 Owner-occupied dwelling owned with mortage/loan 411 3 Owner-occupied dwelling owned outright 500 4 Live rent-free with relatives or friends 11 5 Right-of-occupancy apartment/house 42 6 Other, please specify 7 7 Can't say 2 8 Didn't respond 0 [bv8] Number of inhabitants in the respondent's municipality of residence Number of inhabitants in the respondent's municipality of residence 1477 1 7 4.90 1.945 1 Less than 5,000 inhabitants 62 2 5,000 - 9,999 inhabitants 221 3 10,000 - 14,999 inhabitants 102 4 15,000 - 29,999 inhabitants 170 5 30,000 - 59,999 inhabitants 226 6 60,000 - 100,000 inhabitants 248 7 Over 100,000 inhabitants 448 [bv9] Respondent's city of residence Respondent's city of residence 1477 1 8 5.73 2.121 1 Helsinki 162 2 Espoo 51 3 Vantaa 17 4 Tampere 78 5 Turku 31 6 Other town with over 30,000 inhabitants 545 7 Town with under 30,000 inhabitants 329 8 Rural area 264 [bv10] Degree of urbanisation of the municipality of residence Degree of urbanisation of the municipality of residence 1477 1 4 2.27 .868 1 Capital region 230 2 Urban municipality 801 3 Semi-urban municipality 265 4 Rural municipality 181 [bv11] Respondent's region of residence (NUTS3) Respondent's region of residence (NUTS3) 1477 1 18 7.75 5.592 1 Uusimaa 378 2 Varsinais-Suomi 81 3 No 0 4 Satakunta 40 5 Kanta-Häme 14 6 Pirkanmaa 182 7 Päijät-Häme 34 8 Kymenlaakso 132 9 South Karelia 67 10 South Savo 31 11 North Savo 77 12 North Karelia 101 13 Central Finland 72 14 South Ostrobothnia 30 15 Ostrobothnia 49 16 No 0 17 North Ostrobothnia 179 18 Kainuu 10 [bv44] Major region (NUTS 2) Major region (NUTS 2) 1477 1 4 2.51 1.138 1 Western Finland 373 2 Helsinki - Uusimaa 378 3 Southern Finland 328 4 Northern and Eastern Finland 398 [paino] Weight Weight 1477 .039099998772144 9.230998992919920 1.000011499865221 .934220846518147