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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

Life Stage

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
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