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The State-by-State NFCS, initiated in 2009, was the first national study of the financial capability of adults in the United States. Survey data is collected every three years, and now comprises six waves of data. The study continues to evolve—with each new wave adding new questions (in addition to existing ones), incorporating new samples, and touching on timely topics that deepen our ...

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Using the NFCS Data The FINRA Foundation encourages researchers, media, policymakers, and other stakeholders to explore the NFCS datasets. NFCS data files are available in .dta, .csv and .sav file formats. Note that datasets in .dta and .sav format have variable descriptions and value labels within the datasets for ease of use.

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The National Financial Capability Study (NFCS) is a large-scale, multi-year project that measures Americans’ financial capability.

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For the fifth NFCS, we surveyed 27,118 people across all 50 states. From Presidential elections to a global pandemic to the rise of app-based investing and crypto currencies... People faced disruption on a global scale since the last NFCS survey was released.

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The National Financial Capability Study (NFCS) is a large-scale, ongoing research project of the FINRA Foundation that provides a broad range of stakeholders the ability to examine and better ...

The FINRA Foundation makes data files for various components of the National Financial Capability Study (NFCS) available for download, free of charge. Select the survey of interest and download the zip file.

Abstract The National Financial Capability Study (NFCS) is a large-scale, ongoing research project of the FINRA Foundation that provides a broad range of stakeholders the ability to examine and better understand the financial capability of U.S. adults. First introduced in 2009, the NFCS has dozens of publicly available reports and data sets that are free to download. Data from the NFCS contain ...