Barefoot Investor For Families survey
2018
How many children do you have?
1
2
3
4
5+
How much pocket money do you pay your kids per week?
None
Less than $5
$5-$9
$10-$19
$20 or more
How many jobs do your kids do per week?
0
1-3
3-5
6-10
More than 10
How many jobs do your kids do for pocket money per week?
0
1-3
3-5
6-10
More than 10
How much do you talk to your kids about money?
Often
Sometimes
Rarely
Never
Do you feel confident teaching your kids about money?
Yes, very
Somewhat
Not really
Not at all
How much were you taught about money as a child?
A lot
A little
Not at all
Do you wish someone had taught you more about money when you were younger?
Yes
No
Do your kids have their own bank account?
Yes
No
Ask your kid: “Is having a TV/ iPad/ Netflix a need or a want?” How do they answer?
Need
Want
What’s your biggest financial fear for your kids?
They have no idea what it’s like in the real world
They’ll never be able to afford a house
They’ll grow up to be a spoilt brat
They’ll repeat my mistakes with money
What age is the eldest kid living at home under your roof?
Under 15
15-18
19-20
21-25
Over 25
Do you have kids aged 15 or older at home who still get pocket money?
Yes
No: my kids are 15-plus but no pocket money
No: my kids are younger than 15
Ask your kid: How do they answer the following question: “Where does money come from?”
The bank
Working
The supermarket
Parents
Other
Do your kids know how a credit card works?
Yes
No
A bit
How does your kid answer the following question: “When I use a credit card to pay for something, is it my money?”
Yes, it’s your money
No, it’s the bank’s money
Ask your kid to define living in poverty.
Not having the internet
Not having a mobile phone
Not having enough money to buy the things you need
Are you happy with the level and style of your kids’ financial education in school?
Yes, very
It’s ok but could be better
Not really
Not at all
I don’t know enough about what they are learning
Do you think financial education should be led in school or at home?
School
Home
Both
Email
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