Financial Literacy and Financial Services Survey 2011

Bosnia and Herzegovina, 2011

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WBG_BIH_2011_FLFS_v01_M

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May 19, 2021

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May 19, 2021

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P41_1. Please tell...reason for families you know who suddenly had fin. problems (P41_1)

Data file: World_Bank_BIH_FinLit_Survey

Overview

Valid: 1036

Invalid: 0

Type: Discrete

Decimal: 0

Start: 256

End: 257

Width: 2

Range: 1 - 99

Format: Numeric

Questions and instructions

Literal question

Please tell us whether there are such families among your acquaintances or friends who used to be relatively well-to-do and then suddenly encountered financial problems? If so, then what was the reason in your opinion?
1. Yes, because someone in the household has lost his job due to financial crisis
2. Yes, because of unfortunate series of events (a sudden death or loss of a job by a breadwinner, a divorce, an accident, etc.)
3. Yes, because of a wrong money management or lack of ability to plan its finances (they were buying too much, took too many credits, did not plan their future, lived for the moment, etc.)
4. Yes, they could not repay their own, or other people's, loans
5. Yes, other...............
6. I do not know such families 99. Don't know

Categories

Value	Category	Cases
1	Yes, because someone in the household has lost his job ...	363	35%
2	Yes, because of unfortunate series of events	118	11.4%
3	Yes, because of a wrong money management or lack of ...	200	19.3%
4	Yes, they could not repay their own, or other people’s ...	171	16.5%
5	Yes, other	0	0%
6	I do not know such families	141	13.6%
9	Don’t know	0	0%
99		43	4.2%

Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.

Question post text

Multiple responses possible

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