Table 1. Mapping of CSFI indicators with the Building Wealth and Health Network’s (The Network) survey questions.
Domain | CSFI Indicators | The Network Survey Questions |
---|---|---|
Spend | Spend less than you earn Pay bills on time and in full |
- Over the past month, would you say your family's spending on living expenses was less than its total income? (Yes = 0, No = 1) - Over the last 2 months, have you paid a late fee on a loan or bill? (Yes = 0, No = 1) - In the last three months, has the utility company shut off your utilities for not paying bills? (Yes = 0, No = 1) - In the last 3 months were there any days that the home was not heated or cooled because you couldn't pay the bills? (Yes = 0, No = 1) |
Save | Have sufficient living expenses in liquid savings Have sufficient long-term savings or assets |
- Do you have a savings account? (Yes = 0, No = 1) - Do you have a checking account? (Yes = 0, No = 1) |
Borrow | Have a sustainable debt load Have a prime credit score |
-Within the last three months, I repaid the money I owed on time. (Yes = 0, No = 1) -Do you owe anyone money? (please include banks, friends, family, payday lenders, etc) (Yes = 0, No = 1) |
Plan | Have appropriate insurance Plan ahead for expenses |
-Do you currently have at least one financial goal? (Yes = 0, No = 1) -Do you currently have a personal budget, spending plan or financial plan? (Yes = 0, No = 1) -Do you currently have an automatic deposit or electronic transfer set up to put money away for a future use? (Yes = 0, No = 1) |