A bio about Karen Vickers. Financial Literacy Survey The purpose of this survey is to understand how ready Australians are for financial freedom. Step 1 of 6 16% Basic InformationWe are trying to get a picture of who you are. We are not collecting any contact information about you in this survey.Gender(Required)MaleFemaleNon-binaryAgenderMy gender isn't listedPrefer Not to AnswerYear of Birth(Required)Select your year of birth1932193319341935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004What is the highest educational level that you have attained?(Required)RefusedUniversity-PhD level educationUniversity-Masters level educationUniversity-Bachelor level educationTechnical/vocational education beyond secondary schoolComplete secondary schoolSome secondary schoolComplete primary schoolSome primary schoolNo formal educationWhich of the following best describes your current work situation?(Required)RefusedSelf-employed [work for yourself]In paid employment [work for someone else]Looking for workLooking after the homeUnable to work due to sickness or ill-healthRetiredStudentNot working and not looking for workApprenticeOther 10 Section 1For each statement, please rate how much you agree with it. I frequently worry about money(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI find that I run out of money before my next payday.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI am confident that I understand my money.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI always pay my bills on time.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI have sufficient income to meet all my expenses.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeBefore I buy something I carefully consider whether I can afford it.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeMoney and investing confuses/overwhelms me.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agree Section 2For each statement, please rate how much you agree with it. If I was unable to earn money tomorrow, I would have access to funds to support my living expenses(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI understand why I need insurances.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI tend to live for today and let tomorrow take care of itself.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI find it more satisfying to spend money than to save it for the long term.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI keep a close personal watch on my financial affairs.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeMy income is steady and reliable.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeIn the past 12 months I have been able to save/invest money.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI know how much money I need to replace my income when I retire.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI am responsible in my home for making all the decisions about money(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agree Section 3For each statement, please rate how much you agree with it. I am familiar with investing and the different types of investment(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI am prepared to risk some of my own money when saving or making an investment.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeAn investment with a high return is likely to be high risk.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeWhen I am looking to invest I actively research the investment.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI know how to make borrowing money increase my net worth.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agree Section 4For each statement, please rate how much you agree with it. I know where to find my important personal documents.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agree Section 5For each statement, please rate how much you agree with it. I have set financial goals and have a clear plan for my financial future(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI set long term financial goals and strive to achieve them.(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI understand what Estate Planning is(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI have in place all my estate planning documents(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeI feel that I pay too much tax(Required)Strongly disagreeDisagreeNeutralAgreeStrongly agreeWhile two-third (63%) of Australian men are financially literate fewer than one in two (48%) of Australian women are financially literate (Figure 1). 3 The gender gap is highly significant in a statistical sense. Figure 2 shows the variation in financial literacy across Australia's States and Territories. Figure 2PhoneThis field is for validation purposes and should be left unchanged.
