CFPB Financial Well-Being Scale

Consumer Financial Protection Bureau. (2017). CFPB Financial Well-Being Scale: Scale development technical report. The full measure, scoring key, and information on how to find and use a custom Stata package to score responses are free and publicly available here. Formatted, printable pdfs of the 10 and 5 item versions of the scale questionnaire in English or Spanish available for download here.

	Table of Contents
	Description
	References

Description:

Purpose		The CFPB Financial Well-Being Scale is designed to assess an individual's level of financial well-being. Financial well-being reflects an individual's sense of financial security and financial freedom of choice, in the present and when considering the future.
Questions		Standard version of measure has 10 items using 5-point ratings. Abbreviated version has 5 items using 5-point ratings.
Sub-scales		No.
Domain		Miscellaneous Measures
Sample items		I am just getting by financially I am concerned that the money I have or will save won’t last I have money left over at the end of the month

References:

Scale:
Consumer Financial Protection Bureau. (2017). CFPB Financial Well-Being Scale: Scale development technical report.

Uses:

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