Table 6
Percentage of total respondents by attributes on financial variables

Table 6
Percentage of total respondents by attributes on financial variables
Table summary
This table displays the results of percentage of total respondents by attributes on financial variables. This information is grouped by no debt, household debt (under $50,000, $50,000 to $149,999, $150,000 to $249,999, $250,000 and over, all debtors), all persons (appearing as column headers), calculated using percentage as a unit of measure.
  No debt Household debt All persons1
Under $50,000 $50,000 to $149,999 $150,000 to $249,999 $250,000 and over All debtors
%
Good or very good at...
Keeping track of money 72 66 69 67 68 67 69
Making ends meet 82 75 77 77 80 77 78
Shopping around to get best products 59 61 65 66 69 64 62
Staying informed on financial issues 51 44 48 48 55 47 49
Agree with the following statements
I enjoy dealing with financial matters 43 39 43 45 49 42 42
I trust professional advisors 52 60 62 62 59 61 58
I get advice from friends and family 40 47 43 47 45 46 44
I got a clear idea of financial products needed 76 72 74 73 78 74 74
I keep a close watch on financial affairs 83 82 82 82 84 82 82
I know enough about investments to make right choices 58 49 54 53 61 53 54
I always research my choices thoroughly 73 71 72 74 78 73 73
Ever regretted financial decision 36 45 50 50 58 49 45
Received financial advice for...
Retirement planning 17 21 29 29 30 25 23
Children's education 3 8 12 14 18 12 9
Estate planning 6 5 7 9 12 7 7
Insurance 8 15 19 25 27 19 15
Tax planning 10 11 16 17 23 15 13
General financial planning 22 24 30 31 37 29 26
Didn't use any advice 63 55 48 44 40 50 54
1. Excludes those who did not answer the Canadian Financial Capability Survey (CFCS) debt module.
Source: Statistics Canada, Canadian Financial Capability Survey (CFCS), 2009.
Date modified: