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The GfK MRI Psychographic Sourcebook

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Survey of the American Consumer: Part 1<br />

IV. Finance & Insurance<br />

A. Finance Attitudes<br />

This series of questions explores various emotional, social, historical and practical components that contribute to the different ways consumers<br />

spend and invest their money. <strong>The</strong> responses serve as a useful counterpoint to the data <strong>GfK</strong> <strong>MRI</strong> collects about American’s economic activities:<br />

personal and household income, home ownership, value of investments, credit card usage, and so forth.<br />

Questions – Finance Attitudes: How much do you agree or disagree with each of the statements (agree completely, agree somewhat,<br />

disagree somewhat, disagree completely)?<br />

• I regularly read financial news or financial publications<br />

• I hate to borrow money; I would much rather save up in advance of a purchase<br />

• My parents tend/tended to be savers<br />

• I would be happy to use the Internet to carry out day to day banking transactions<br />

• I often take the opportunity to discuss my knowledge of financial products or services with others<br />

• I always know broadly how much is in my bank account at any one time<br />

• <strong>The</strong>re are one or two financial institutions that I always turn to first<br />

• It is better for me to put my money in a low-risk investment, even if the return may not be as great<br />

• <strong>The</strong> way I deal with my finances reflects how my parents dealt with theirs<br />

• When I find a financial product or service that I like, I typically recommend it to people I know<br />

• You are better off having what you want now, as you never know what tomorrow brings<br />

• I like to take risks when investing for the chance of a high return<br />

• I enjoy learning about financial products or services from others<br />

• I only save for a specific purpose<br />

• Borrowing money makes me feel uncomfortable<br />

• People often ask my advice when it comes to financial matters<br />

• I hate having to go to the branch of my bank or savings institution<br />

• I find the ups and downs of the financial markets exciting<br />

• I often ask the advice of others when it comes to financial products or services<br />

• I’m happy to use the phone to carry out day to day banking transactions<br />

• Investing in the stock market is too risky for me<br />

• <strong>The</strong> economy has a direct effect on my spending habits<br />

• I feel overwhelmed by financial burdens<br />

• Investing for the future is very important to me<br />

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