Parents of Children Between 3 and 21 Years Wanted for Focus Group

Thank you for your interest in participating in the Bureau of Consumer Financial Protection focus group on financial well-being.

What is the purpose of this focus group?

The Bureau is interested in helping parents overcome hesitations they might have discussing money topics with their children. This group will focus on parents’ needs for tools and resources that will help them take better control of their money so they can feel more confident in discussing money topics with their children.

How is the focus group being conducted?

The Bureau has contracted with Information Experts (IE) to host this focus group. An IE employee will meet in person with up to nine parents and caregivers for 90 minutes to discuss their opinions about what financial issues most concern them and what resources they need to address these concerns.*

At the completion of the focus group, each participant will receive $50 to compensate them for their time.

What are the criteria to participate?

You must meet all the following criteria to be eligible to participate in the focus group:

  • You must be 45 years old or older
  • You must have two or more children between the ages of 3 years and 21 years living with you.
  • Your household annual income must be more than $50,000.
  • One member of your household must be either employed full-time or part-time.
  • You live within 25 miles of Fredericksburg, Va.
If you don’t meet all the criteria, please do not continue.

If you do meet all the criteria, please click on the link below, which will open a new browser window on the Bureau’s website where we would like you to answer ten questions to measure your current financial well-being. You won’t be asked about any personal financial data nor will your answers be saved by the Bureau.

Once you answer the questions and get your financial well-being score, return to this webpage and click on the appropriate button below to submit your contact information.

https://www.consumerfinance.gov/consumer-tools/financial-well-being/

Do not click on either of the following buttons until you have taken the financial well-being questionnaire.

*Privacy Act Statement

5 U.S.C. 552a(e)(3)

The information you provide through your responses to Information Experts will assist the study sponsor, the Bureau of Consumer Financial Protection (“Bureau”), in conducting focus groups on the topic of how parents can communicate with children about money related conversations.

The BCFP will collect personally identifiable information such as your name, phone number, and email address, but will not obtain or access this information from Information Experts. The Bureau will only obtain and access de-identified results and aggregated analyses of those results. Additionally, an audio recording of the focus group will be made available to a limited number of researchers for the purpose of evaluating the focus group.

Information collected on behalf of the Bureau by Information Experts will be treated in accordance with the System of Records Notice (“SORN”), CFPB.021 – CFPB Consumer Education and Engagement Records, 77 F.R. 60382. This information will not be disclosed as outlined in the Routine Uses for the SORN. Direct identifying information will only be used by Information Experts to facilitate the study and will be kept private except as required by law.

This collection of information is authorized by Pub. L. No. 111-203, Title X, Sections 1013 and 1022, codified at 12 U.S.C. §§ 5493 and 5512.

Participation in this study is voluntary, you are not required to participate or share any identifying information, and you may withdraw participation at any time.