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Thursday Questions. How far did you travel to get to the conference?. 19 miles or less 20 - 99 miles 100 - 499 miles 500 + miles. 10. Countdown. How old is your head of household?. 24 and under. 25 - 29 30 - 39 40 - 49 50 - 59 60+. 10. Countdown.
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How far did you travel to get to the conference? • 19 miles or less • 20 - 99 miles • 100 - 499 miles • 500+ miles 10 Countdown
How old is your head of household? • 24 and under. • 25 - 29 • 30 - 39 • 40 - 49 • 50 - 59 • 60+ 10 Countdown
What kind of education do you use, or plan to use, for your children? • Homeschool • Christian/Private School • Public School • School? What’s that? 10 Countdown
How many children has God blessed your family with? • None yet. • 1 • 2 • 3 • 4 • 5 • 6 • 7 • 8 • 9 + 10 Countdown
What is your family’s approximate gross income (pre-tax)? • 0 - $29,999 • $30,000 - $49,999 • $50,000 - $74,999 • $75,000 - $99,999 • $100,000 - $199,000 • $200,000+ 10 Countdown
How does your present family economy receive most of its income? • Head of household working outside of home. • Head of household working inside of home. • Both parents working outside of home. • Everybody teaming up and working a family business. • None of the above (unemployed, etc.) 10 Countdown
Do you have a family business? • Yes • No 10 Countdown
What percentage of your income comes from your family business? • 0 - 24% • 25 - 49% • 50 - 74% • 75 - 100% 10 Countdown
What is your debt situation? • Mortgage debt only. • Consumer debt only (cars, credit cards, etc.). • Business debt. • Some combination of the above. • No debt. 10 Countdown
What is your total debt? • No debt. • $1 - $9K • $10 - 49K • $50 - 149K • $150 - 299K • $300 - 499K • $500K+ 10 Countdown
What is your family’s savings? • $0 - $10,000 • $10,001 - $24,999 • $25,000 - $49,999 • $50,000 - $74,999 • $75,000 - $99,999 • $100,000+ 10 Countdown
What is your family’s housing situation? • Rent. • Own home with mortgage. • Own home debt-free. • Live with family/friends. • We live on the streets. Anything helps. God bless! 10 Countdown
What has been the biggest challenge in starting/running a family business for you? • Lack of knowledge and experience • Lack of resources • Lack of marketing/sales abilities • Lack of creativity • We haven’t tried at this point. That’s why we’re here! 10 Countdown
Saturday Questions For Family Businesses
What kind of business do you run? • Professional Service (Lawyer, doctor, CPA, etc.) • Agricultural • Product/Retail • Service/Trade (Plumbing, Carpentry, Artisans, etc.) • Other 10 Countdown
How profitable is your family business? • We’re still losing money. • Making money, but not providing for household. • Providing for basic household needs. • Doing Great! 10 Countdown
How many years has it taken to be profitable with your family business? • One year. • 2-3 years. • 4 + years. • We’re not profitable yet. 10 Countdown
How do you capitalize your business? • Borrow from friend/relative. • Borrow from financial institution. • Savings. • Share/equity ownership. • No capital necessary. 10 Countdown
Are you happy with the current situation of your family’s economy? • Yes, we’re feeling pretty good. • I’d like to tweak a couple things. • I need help! 10 Countdown
Saturday Questions Family, Children, and Business
If you own your business, are you able to integrate your family into the business? • A small percentage of the work. • The family is well-integrated into the work. • No. 10 Countdown
Are you committed to change your family-integration in economics? Are you committed to change your family-integration in economics? • We want to be more family-integrated. • We want to be less family-integrated. • We're happy with status quo. 10 Countdown
Will your children carry on your business in the next generation? • Probably. That’s the plan. • Not sure. • Probably not. 10 Countdown
Do your children own or run their own businesses? • Yes • No 10 Countdown
How do you handle your children’s financial independence? • My children mostly control their own money. • My children’s money/wages are mostly managed under the household budget/accounts. 10 Countdown
If your adult-age sons or daughters have businesses now (and they still live in the home), how successful have they been? • 0 - $999 per year. • $1001 - $4,999 per year. • $5,000 - $14,999 per year. • $15,000 - $50,000 per year. • $50,000+ 10 Countdown
Are your adult, marriage-age sons ready and able to financially provide for a family right now? • Yes • No 10 Countdown
Have, are, or will any of your children attend college? • Daughters • Sons • Both • Neither • Don't know 10 Countdown
Saturday Questions Big Picture Family Economy Questions
Where have you lacked the most in your time priorities? • Mentoring my children • Family worship • Rest/vacation • Work • Serving others in the church body • Hospitality • I’m happy with my priorities 10 Countdown
Do you attend a church that is interested in integrating families in economics, etc.? • Yes • No • Not sure 10 Countdown
Where are your giving commitments now? (Including tithes, gifts outside of family, etc.) • 0-1% • 2-5% • 6-9% • 10-14% • 15% + 10 Countdown
Where would you like your giving commitments to be? • 0-1% • 2-5% • 6-9% • 10-14% • 15% + 10 Countdown
Saturday Questions Inheritance/Savings/Work
Have you received, or do you expect to receive, an inheritance from your parents/relatives? • Yes • No 10 Countdown
What is your plan for inheritance? • I’m giving part or all of my inheritance to my children now. • I’m planning to pass an inheritance to my children by wills or trusts. • I am planning to save for an inheritance after I get out of debt or reach some other financial goal. • I’m getting an RV, and spending my children’s inheritance before I die. 10 Countdown
Do you plan to live with your children in your old age? • Yes • No • Unsure. We haven’t talked about it. 10 Countdown
Are you taking care of aging parents now? • Yes • It will probably happen in the future. • I’d like to, but they may not be interested. • No. 10 Countdown
What are your financial plans for when you are a 65+ year old? • I’m planning to rely mostly on social security/government. • I’m planning to rely mostly on my own work. • I’m planning to rely mostly on my savings. • I’m planning to rely mostly on my children. 10 Countdown
When do you plan to stop working? • 60 - 69 • 70 – 79 • 80+ • When I have enough money to stop. • When I am completely disabled and/or dead. 10 Countdown
What is your family’s current position regarding health care? • We have traditional health insurance coverage. • We use Samaritan or other cost-sharing ministries. • We have no health insurance. • We self-insure. 10 Countdown
Saturday Questions Miscellaneous
Would you characterize your household as ministry-oriented or business-oriented? • More business. • More church/ministry. • About the same. 10 Countdown
How many times a month do you open your house for guests (overnight and/or meals)? • Less than once. • 1-2 • 3-5 • 6 + 10 Countdown
Do you listen to Generations Radio? • Occasionally. • Regularly. • No. • I plan to start next week! 10 Countdown
What has been the most helpful part of the conference so far? • Visionary sessions. • Practical sessions. • Panels. • All of the above, equally. • Are you kidding? Meal time! 10 Countdown