How can someone not know what kind of mortgage they have? Talk about irresponsible!
Although I believe that the general public is too financially naive, 34% seems a bit high.
Perhaps the survey is biased towards those who are naive enough to respond to surveys with questions about their personal finances. Personally, if someone calls or mails me a survey with these types of questions I don’t respond, because I assume that they are either trying to sell me something or are trying to get personal info for nefarious purposes.
Does anyone here respond to surveys asking probing questions about your personal finances ? If so, please post how much money is in your bank account(s) ? Just so we can verify the accuracy please provide a routing number(s), account number(s), name of bank(s), your mothers’ maiden name, the last 4 digits of your SSN, you first and last name and date of birth, and the name of a pet when you were a child.
🙂
