Advancing Family Assets Year-end Report - 2012

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Results

Comments


AFA Families

Financial Behaviors

June 2012

US Families

CASH FLOW MANAGEMENT

Have checking account

76%

89%

Pay all bills on time

62%

88%

Track expenses

76%

79%

Use a spending plan/budget

69%

46%

Learned about money mgmt

100%

20%

Have savings account

66%

75%

Have emergency fund

21%

33%

Save money on a regular basis

41%

49%

Save for long-term goal (house, car, education)

21%

39%

SAVINGS

CREDIT MANAGEMENT/INVESTMENTS

Have credit card

21%

79%

Review credit reports

100%

58%

Have any retirement account

14%

63%

Have any investment account

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52%

OTHER FINANCIAL EXPERIENCE

Own home

(1 family)

65%

Spend more than 30% of income on housing*

69%

38%

Spend more than 50% of income on housing

30%

14%

Own car (by household)

97%

91%


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Results

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