The level of concern about their financial future was determined using the following question: ‘On a scale of 1 to 10, could you say how often you are concerned about your financial future? 1 stands for ‘never’ and 10 for ‘continuously’.
A score between 7 and 10 is classified as ‘many concerns’ about their financial future; a score of 5 and 6 as ‘few concerns’, and a score between 1 and 4 as ‘no concerns’.
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