Spending and Saving Attitudes and Behaviors Questionnaire

Note: Test name created by PsycTESTS

PsycTESTS Citation:
Furnham, A. (1999). Spending and Saving Attitudes and Behaviors Questionnaire [Database record]. Retrieved from
PsycTESTS. doi: 10.1037/t23128-000

Test Shown: Full

Test Format:
Many questions in the first portion are Yes/No items and have subcategories from which to choose. Others are
measured with options that range from More than once a week to Less than once a month. Some questions are open
ended. Items in the second portion are measured on a 5-point scale, from 1 = Disagree to 5 = Agree.

Source: 
Furnham, Adrian. (1999). The saving and spending habits of young people. Journal of Economic Psychology, Vol
20(6), 677-697. doi: 10.1016/S0167-4870(99)00030-6, © 1999 by Elsevier. Reproduced by Permission of Elsevier.

Permissions:
Test content may be reproduced and used for non-commercial research and educational purposes without seeking
written permission. Distribution must be controlled, meaning only to the participants engaged in the research or
enrolled in the educational activity. Any other type of reproduction or distribution of test content is not authorized
without written permission from the author and publisher. 

PsycTESTS™ is a database of the American Psychological Association
doi: 10.1037/t23128-000

Spending and Saving Attitudes and Behaviors Questionnaire

Items

(A) Do you have a regular source of income?

Yes No

(B) If yes, please say which of the following sources apply in your case and how much you receive per week in
each case.
Pocket money from parents
Part-time jobs
Odd jobs around the home
Full-time holiday job

Are you usually given money as a Christmas/birthday present?

Yes No

If yes, how much money do you get at Christmas?

Your birthday?

Would your parents give you more money if you had spent it all?
Yes No

Do you ever lend money to your friends?

Yes No

Do you ever borrow money from your friends?

Yes No

(C) Do you have any money saved?

Yes No

(D) If yes, please say where the money is saved and approximately how much you have saved in each place
(tick as appropriate).
£10 £10‒50 £51‒100 £101‒500 £501‒1000 £1000+ No answer
Cash box at home
Parents look after it
Own bank account with cheque book
Own building society account with cheque book
Own building society account without cheque book
Post Office savings account
Shares

PsycTESTS™ is a database of the American Psychological Association

doi: 10.1037/t23128-000

Spending and Saving Attitudes and Behaviors Questionnaire

Items

(E) Do you save regularly?

Yes No

(F) If yes, what proportion of what you receive or earn do you generally try to save?
No answer
25%
50%
75%
Nearly all
Practically none

(G) If you do save, why do you save? (tick all that apply)
Parents tell me to
Friends save
For something special I want to buy
For a holiday
For emergencies
Simply to have more money

(H) Do you personally have a bank account?

Yes No

(I) If no, why don’t you have one? (tick all that apply). If yes, go to question K.
Don’t have enough money
Simply haven’t got around to getting one
Banks are never open when I want to use them
Don’t like having to stand around in long queues waiting to get served
Don’t find them very helpful
Nobody else in my house has one

(J) Do you intend to open a new bank account in the next 12 months or so?
Yes No

(K) If yes at H, how long have you had a bank account?

Less than one year
1‒2 years
2‒4 years
More than 4 years

PsycTESTS™ is a database of the American Psychological Association

doi: 10.1037/t23128-000

Spending and Saving Attitudes and Behaviors Questionnaire

Items

(L) Why did you open a bank account? (tick all that apply)
Parents advised me to open one
Parents opened one for me
Advice from school teacher to open one
Because I got a job that required me to have one
Because friends had one
To keep my money safe
To earn interest on my money
To have a cheque book
To have a credit card
Because of special offers made by banks
Because I can get discounts at certain shops
Because I saw it advertised

(N) Have you ever changed from one bank to another?

Yes No

(O) If yes, why did you do that?

Because I moved house
Because I did not like my bank
Because someone told me that another bank was better than the one I was with
Because my new bank made a special offer

(P) How often do you go to the branch of the bank where your account is held?
More than once a week
About once a week
Once or twice a month
Less than once a month

(Q) How often do you go into a branch of your bank other than your own branch?
More than once a week
About once a week
Once or twice a month
Less than once a month

(R) About how often do you deposit money in your bank account?
About once a week
Once or twice a month
Less than once a month

PsycTESTS™ is a database of the American Psychological Association

doi: 10.1037/t23128-000

Spending and Saving Attitudes and Behaviors Questionnaire

Items

(S) About how often do you withdraw money in cash from your bank account?
About once a week
Once or twice a month
Less than once a month

(T) About how often do you use your cheque book other than to withdraw money from your bank for
yourself?
More than once a week
About once a week
Once or twice a month
Less than once a month

(U) Have you ever been to your bank for any of the following reasons (tick all that apply)?
To obtain advice about saving money
To arrange a Standing Order/Direct Debit
To obtain travellers’ cheques
To get a loan
To query a bank statement
To arrange an overdraft
Because the manager asked to see me

(V) Do you keep a regular check on how much money you have in your bank account?
Yes No

If yes, in what way? (please tick all that apply)

Keeping a record in my cheque book each time I use it
Requesting a bank statement from my branch on a monthly basis
Requesting a bank statement from my branch whenever I go into it

(W) Have you spent money on any of the following in the last 4 weeks?
Yes No Sweets, chocolate, ice-cream etc.
Yes No Comics, magazines
Yes No Books
Yes No Cigarettes
Yes No Compact discs
Yes No Soft drinks
Yes No Alcoholic drinks
Yes No Going to discos etc.
Yes No Bus and train fares
PsycTESTS™ is a database of the American Psychological Association
doi: 10.1037/t23128-000

Spending and Saving Attitudes and Behaviors Questionnaire

Items

Yes No Clothes and footwear

Yes No Cosmetics
Yes No Records or audio tapes
Yes No School equipment
Yes No Admission to sports, e.g., football, tennis
Yes No Cinema
Yes No Video hire
Yes No Pets
Yes No Club subscriptions
Yes No Bicycle
Yes No Slot machines (Space Invaders, fruit machines etc.)
Yes No Sports equipment
Yes No Computer equipment or games
Yes No Presents for other people
Yes No Others (please specify)

(X) How much money did you receive last week as:
Pocket money/allowance (including money earned for working around the house)
Money earned from your regular job (if any)
A gift

(Y) How much of your money did you spend last week?

(Z) How much money did you put into a bank, post office, savings account, building society or other savings
scheme, last week?

PsycTESTS™ is a database of the American Psychological Association

doi: 10.1037/t23128-000

Spending and Saving Attitudes and Behaviors Questionnaire

Items

(1) It is important to save.

(2) I tend to spend money as soon as I get it.
(3) I believe in putting some money aside for a rainy day.
(4) When I save, it is usually because I want something special.
(5) I am interested in looking at different ways of saving money.
(6) I have always tried to save.
(7) Money is for spending, not for holding on to.
(8) Every once in a while, I like to go on a big spending spree.
(9) I never pay for something if I can get credit.
(10) I don’t like owing money.
(11) Having a lot of money has never been my aim in life.
(12) I don’t care if I don’t have much money.
(13) I wouldn’t be without a credit card.
(14) Everybody should have a bank account.
(15) Modern people use cheques and cards, not cash.
(16) I believe in making money work for me.
(17) You can’t get far without a bank account.
(18) I never seem to have enough money.
(19) I don’t believe I will ever be rich.
(20) I love shopping.

PsycTESTS™ is a database of the American Psychological Association