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Variable Label: Money left over after liquidating and paying all debts


DM14_6

(RB, PG 55: Still using the categories on page 55)

Suppose you (and your spouse or partner) cashed in all your checking and savings accounts, stocks and bonds, real estate, sold your home, your vehicles, and all of your valuable possessions. Then suppose you put that money toward paying off all your mortgage and all your other loans, debts, and credit cards. Would you have any money left over after paying your debts or would you still owe money? (Your best estimate is fine.)

1 WOULD HAVE MONEY LEFT OVER

2 WOULD STILL OWE MONEY

3 DEBTS WOULD JUST ABOUT EQUAL ASSESTS

Additional Documentation

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ValueLabelFrequencyValid
Percent
Total
Percent
1WOULD HAVE MONEY LEFT OVER24468.93%02.63%
2WOULD STILL OWE MONEY6919.49%00.74%
3DEBTS WOULD JUST ABOUT EQUAL ASSESTS4111.58%00.44%
-9REFUSED5-00.05%
-8DONT KNOW6-00.06%
.Missing8917-96.07%

Disclaimer: Frequencies displayed above are not weighted.

  • Missing Data Codes: -9 (Refused), -8 (Don't know), . (Missing)
  • Total Cases: 9282

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