NGPF Senior Financial Readiness Survey

Banking & Saving: Do you currently have a checking account in your name?

• Yes

• No

Banking & Saving: Do you regularly set aside money into a savings account or emergency fund?

• Yes

• No

Budgeting: Have you created a personal budget for managing your income and expenses?

• Yes

• No

Budgeting: How confident are you in managing a monthly budget?

• Very confident

• Somewhat confident

• Not very confident

• Not confident at all

Tags

CCSS.7.NS.A.3

Investing: Have you opened or considered opening an investment account (e.g., Roth IRA, brokerage)?

• Yes

• No

Investing: I understand the benefits of investing early and the power of compound interest.

• True

• False

Tags

CCSS.HSF.IF.A.2

Credit & Debt: Understanding how credit scores are calculated and what impacts them is important.

• True

• False

Credit & Debt: Have you taken steps to build credit responsibly (e.g., opened a secured card, become an authorized user)?

• Yes

• No

College & Financial Aid: Have you submitted your FAFSA or another financial aid application?

• Yes

• No

College & Financial Aid: The difference between subsidized and unsubsidized student loans is that:

• Subsidized loans do not accrue interest while you are in school, while unsubsidized loans do.

• Unsubsidized loans do not require repayment.

• Subsidized loans have higher interest rates than unsubsidized loans.

• There is no difference between subsidized and unsubsidized loans.