Money Management

The Providence Business News Executive Poll is a weekly
survey of 70 business leaders, representing small and large businesses in a
variety of industries.



 



QUESTION: Where are you currently putting the bulk of your savings?



Stock market: 16%


Mutual funds: 38%

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College savings plan: 8%


Retirement plan: 38%



 



QUESTION: Are you comfortable with the level of personal debt you are currently carrying?


Yes: 91%


No: 9%


 



QUESTION: If you were to receive an expected windfall – perhaps $50,000 – what would you be most likely to do with it?



Invest it in the stock market: 45%



Put it in a conservative savings account: 10%



Pay down existing debt: 45%




 



QUESTION: How often do you – either individually or with a spouse – seriously review your personal finances?


Once per week: 19%


Once per month: 9%


Twice per year: 27%


Once per year: 45%


 


 



QUESTION: Do you meet regularly with a certified financial planner or some other professional with an expertise in personal finance?


Yes: 36%


No: 64%




 

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