Table 5.
Recommended financial behavior participation among chiropractic students (N=57)
| Variable | Always or Usually1 n (%) | Sometimes n (%) | Seldom or Never n (%) |
|---|---|---|---|
| Checking account | 51 (89.5) | 2 (3.5) | 1 (1.9) |
| Enough rent/bill money | 49 (87.5) | 4 (7.0) | 0 (0.0) |
| Emergency money | 22 (38.6) | 19 (33.3) | 13 (22.8) |
| Pay credit card in full | 34 (59.6) | 7 (12.3) | 11 (19.3) |
| <20% take home pay consumer debt | 27 (47.4) | 10 (17.5) | 13 (22.8) |
| Health insurance | 35 (63.2) | 6 (10.5) | 12 (21.1) |
| 3-month emergency fund | 17 (29.9) | 10 (17.5) | 27 (47.4) |
| Retirement account | 11 (19.3) | 6 (10.5) | 36 (63.2) |
| Written budget | 18 (31.6) | 10 (17.5) | 28 (45.7) |
| Financial recordkeeping | 35 (61.4) | 13 (22.8) | 6 (10.6) |
| Comparison shop major purchases | 41 (72.0) | 11 (19.3) | 2 (3.7) |
| Avoid impulse purchases | 31 (54.4) | 17 (29.8) | 5 (9.4) |
| Written short-term financial goals | 8 (14.0) | 8 (14.0) | 38 (66.7) |
| Save long-term financial goals | 15 (26.3) | 19 (33.3) | 19 (33.3) |
| Net worth calculated annually | 7 (12.3) | 10 (17.5) | 37 (65.0) |
| Tax bracket known | 14 (24.6) | 3 (5.3) | 35 (67.3) |
| Diversified investments | 16 (28.1) | 3 (5.3) | 34 (59.7) |
| Periodic saving plan adjustments | 27 (47.4) | 12 (21.1) | 12 (21.1) |
| Investment yield vs. inflation | 13 (22.8) | 16 (28.1) | 19 (33.4) |
| Current will | 4 (4.8) | 3 (5.3) | 45 (78.9) |
1
Columns that do not add to 100% are due to rounding.