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Variable Label: Would have any money left over after paying debt


FN12

(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 (see V09173)

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ValueLabelFrequencyValid
Percent
Total
Percent
1WOULD HAVE MONEY LEFT OVER416866.83%44.90%
2WOULD STILL OWE MONEY140322.49%15.12%
3DEBTS WOULD JUST ABOUT EQUAL ASSESTS66610.68%07.18%
-9REFUSED233-02.51%
-8DONT KNOW170-01.83%
.Missing2642-28.46%

Disclaimer: Frequencies displayed above are not weighted.

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

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