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Protocol - COVID-19 Related Household Finances

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Description

These series of 5 questions ascertain how household income and finances have been impacted by COVID-19.

Specific Instructions

None

Protocol

1. Has your Household income changed significantly since February 2020? (please EXCLUDE a stimulus payment from the federal government if you have received one)

1[ ]Yes, my household income is more

2[ ]Yes, my household income is less

3[ ]No, my household income is about the same

2. How worried are you that your household income has been or will be negative impacted the coronavirus (COVID-19) and its effects?

1[ ]Very worried

2[ ]Somewhat worried

3[ ]Not very worried

4[ ]Not at all worried

3. How worried are you that the value of your assets (including housing, savings, and other financial assets) has been or will be negatively impacted by the coronavirus (COVID-19) and its effects?

1[ ]Very worried

2[ ]Somewhat worried

3[ ]Not very worried

4[ ]Not at all worried

4. In the past month, how difficult has it been for you to cover your expenses and pay all your bills?

1[ ]Very difficult

2[ ]Somewhat difficult

3[ ]Not at all difficult

4[ ]Don’t know

If 4 equals 3 or 4, then ask 5a

if 4 equals 1 or 2, then ask 5b

5a. Suppose now you have an emergency expense that costs $400. Based on your current financial situation, how would you pay this expense?

Yes
[1]

No
[2]

By putting it on my credit card and paying it off in full at the next statement

 [ ] 

 [ ] 

By putting it on my credit card and paying it off over time

 [ ] 

 [ ] 

With the money currently in my checking/savings account or with cash

 [ ] 

 [ ] 

Using a bank loan or line of credit

 [ ] 

 [ ] 

By borrowing from a friend or family member

 [ ] 

 [ ] 

Using a payday loan, deposit advance, or overdraft

 [ ] 

 [ ] 

By selling something

 [ ] 

 [ ] 

By using my stimulus payment

 [ ] 

 [ ] 

By asking my landlord or mortgage provider for an extension

 [ ] 

 [ ] 

I wouldn’t be able to pay for the expense right now

 [ ] 

 [ ] 

Other:

 [ ] 

 [ ] 

Please specify other method:

5b. What methods are you using or do you plan to use to cover your expense?

Yes
[1]

No
[2]

By putting it on my credit card and paying it off in full at the next statement

 [ ] 

 [ ] 

By putting it on my credit card and paying it off over time

 [ ] 

 [ ] 

With the money currently in my checking/savings account or with cash

 [ ] 

 [ ] 

Using a bank loan or line of credit

 [ ] 

 [ ] 

By borrowing from a friend or family member

 [ ] 

 [ ] 

Using a payday loan, deposit advance, or overdraft

 [ ] 

 [ ] 

By selling something

 [ ] 

 [ ] 

By using my stimulus payment

 [ ] 

 [ ] 

By asking my landlord or mortgage provider for an extension

 [ ] 

 [ ] 

I wouldn’t be able to pay for the expense right now

 [ ] 

 [ ] 

Other:

 [ ] 

 [ ] 

Please specify other method:

6. Since February 2020, have you either received, applied for, or tried to apply for any of the following forms of income or assistance?

Received
[1]

Applied and waiting to receive
[2]

Tried but was not able to apply for, or was not eligible
[3]

Did not apply for
[4]

Unemployment Insurance

 [ ] 

 [ ] 

 [ ] 

 [ ] 

SNAP (Supplemental Nutrition Assistance Program) or Food Stamps

 [ ] 

 [ ] 

 [ ] 

 [ ] 

TANF (Temporary Assistance for Needy Families)

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Social Security

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Supplemental Social Security

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Any kind of government health insurance or health coverage plan including Medicaid, Medical Assistance or Medicare

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Paycheck Protection Program

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Other aid from the government

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Assistance from a union or other association

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Assistance from a church or religious organization

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Assistance from another community organization

 [ ] 

 [ ] 

 [ ] 

 [ ] 

A food pantry

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Other assistance

 [ ] 

 [ ] 

 [ ] 

 [ ] 

Availability

Available

Personnel and Training Required

Equipment Needs

Requirements
Requirement CategoryRequired
Major equipment No
Specialized training No
Specialized requirements for biospecimen collection No
Average time of greater than 15 minutes in an unaffected individual No
Mode of Administration

Interviewer-administered questionnaire

Lifestage

Adult, Senior

Participants

Adults aged 18 and older

Selection Rationale

PhenX used input from crowdsourcing to enable rapid response and release of COVID-19 related protocols in the Toolkit. 

Language

English

Standards
StandardNameIDSource
caDSR Common Data Elements (CDE) COVID-19 Household Financial Change Questionnaire Assessment Text 7482953 CDE Browser
Derived Variables

Process and Review

Not applicable

Protocol Name from Source

RAND American Life Panel Impacts of COVID-19 Survey

Source

RAND American Life Panel (MS546) Impacts of COVID-19 [RIR Survey 1]

General References

Protocol ID

980101

Variables
Export Variables
Variable Name Variable IDVariable DescriptiondbGaP Mapping
PX980101_Covid19_Household_Finances_Asset_Value_Worry_Impact
PX980101030000 How worried are you that the value of your more
assets (including housing, savings, and other financial assets) has been or will be negatively impacted by the coronavirus (COVID-19) and its effects? show less
N/A
PX980101_Covid19_Household_Finances_Difficulty_Cover_Expenses_Bills
PX980101040000 In the past month, how difficult has it been more
for you to cover your expenses and pay all your bills? show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Bank_Loan
PX980101050400 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? Using a bank loan or line of credit show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Borrow_Family_Friend
PX980101050500 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? By borrowing from a friend or family member show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Credit_Card_Next_Statement
PX980101050100 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? By putting it on my credit card and paying it off in full at the next statement show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Credit_Card_Over_Time
PX980101050200 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? By putting it on my credit card and paying it off over time show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Current_Money_Account
PX980101050300 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? With the money currently in my checking/savings account or with cash show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Not_Able
PX980101051000 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? I wouldn't be able to pay for the expense right now show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Other
PX980101051101 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? Other show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Other_Specify
PX980101051102 Please specify other way you would pay this more
expense show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Payday_Loan_Advance_Overdraft
PX980101050600 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? Using a payday loan, deposit advance, or overdraft show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Provider_Extension
PX980101050900 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? By asking my landlord or mortgage provider for an extension show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Selling_Something
PX980101050700 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? By selling something show less
N/A
PX980101_Covid19_Household_Finances_Emergency_Expense_Pay_Method_Stimulus
PX980101050800 Suppose now you have an emergency expense more
that costs $400. Based on your current financial situation, how would you pay this expense? By using my stimulus payment show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Bank_Loan
PX980101060400 What methods are you using or do you plan to more
use to cover your expenses? Using a bank loan or line of credit show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Credit_Card_Next_Statement
PX980101060100 What methods are you using or do you plan to more
use to cover your expenses? By putting it on my credit card and paying it off in full at the next statement show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Credit_Card_Over_Time
PX980101060200 What methods are you using or do you plan to more
use to cover your expenses? By putting it on my credit card and paying it off over time show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Current_Money_Account
PX980101060300 What methods are you using or do you plan to more
use to cover your expenses? With the money currently in my checking/savings account or with cash show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Family_Friend
PX980101060500 What methods are you using or do you plan to more
use to cover your expenses? By borrowing from a friend or family member show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Not_Able
PX980101061000 What methods are you using or do you plan to more
use to cover your expenses? I wouldn't be able to pay for the expense right now show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Other
PX980101061101 What methods are you using or do you plan to more
use to cover your expenses? Other show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Other_Specify
PX980101061102 Please specify other method N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Payday_Loan_Advance_Overdraft
PX980101060600 What methods are you using or do you plan to more
use to cover your expenses? Using a payday loan, deposit advance, or overdraft show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Provider_Extension
PX980101060900 What methods are you using or do you plan to more
use to cover your expenses? By asking my landlord or mortgage provider for an extension show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Selling_Something
PX980101060700 What methods are you using or do you plan to more
use to cover your expenses? By selling something show less
N/A
PX980101_Covid19_Household_Finances_Expense_Pay_Method_Stimulus
PX980101060800 What methods are you using or do you plan to more
use to cover your expenses? By using my stimulus payment show less
N/A
PX980101_Covid19_Household_Finances_Household_Income_Change
PX980101010000 Has your household income changed more
significantly since February 2020? (please EXCLUDE a stimulus payment from the federal government if you have received one) show less
N/A
PX980101_Covid19_Household_Finances_Household_Income_Worry_Impact
PX980101020000 How worried are you that your household more
income has been or will be negatively impacted the coronavirus (COVID-19) and its effects? show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Church_Religious_Organization
PX980101071000 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Assistance from a church or religious organization show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Community_Organization
PX980101071100 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Assistance from another community organization show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Food_Pantry
PX980101071200 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? A food pantry show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Government_Health_Insurance
PX980101070600 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Any kind of government health insurance or health coverage plan including Medicaid, Medical Assistance or Medicare show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Other
PX980101071300 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Other assistance show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Other_Government_Aid
PX980101070800 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Other aid from the government show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Paycheck_Protection
PX980101070700 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Paycheck Protection Program show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Snap_Food_Stamp
PX980101070200 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? SNAP (Supplemental Nutrition Assistance Program) or Food Stamps show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Social_Security
PX980101070400 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Social Security show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Supplemental
PX980101070500 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Supplemental Social Security show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Tanf
PX980101070300 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? TANF (Temporary Assistance for Needy Families) show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Unemployment_Insurance
PX980101070100 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Unemployment Insurance show less
N/A
PX980101_Covid19_Household_Finances_Receive_Apply_Income_Assistance_Union_Association
PX980101070900 Since February 2020, have you either more
received, applied for, or tried to apply for any of the following forms of income or assistance? Assistance from a union or other association show less
N/A
COVID-19 Research
Measure Name

COVID-19 Related Household Finances

Release Date

October 30, 2020

Definition

A five-item interviewer administered questionnaire assessing household finances during the COVID-19 epidemic.

Purpose

This measure is used to assess household income and expenses during the COVID-19 epidemic.

Keywords

COVID-19, RAND American Life Panel Survey (ALP), household income, financial assets, income assistance, COVID, coronavirus

Measure Protocols
Protocol ID Protocol Name
980101 COVID-19 Related Household Finances
Publications

There are no publications listed for this protocol.