Start Small, Save Up Workforce Questionnaire

This short questionnaire evaluates the respondent’s current savings habits, behaviors, and attitudes. It evaluates the respondent’s level of financial well-being, a subjective state wherein a person has a sense of financial security and financial freedom of choices, in the present and for the future. The questionnaire will give the Consumer Financial Protection Bureau (CFPB) an efficient way to measure the effectiveness of financial education and other efforts in increasing consumers’ liquid savings and financial well-being. Information will be gathered from those in the CFPB workforce. The questionnaire may also be made available for use by other federal agencies for similar studies related to financial well-being and savings practices. The questionnaire is asks about the respondent’s recent experiences with unexpected financial shocks, the respondent’s savings cushion available for emergencies, the respondent’s savings behavior and savings vehicles. It includes the five-question version of the CFPB’s Financial Well-Being Scale. The CFPB can use the information collected to connect savings and financial well-being, and to inform future development of employer-sponsored financial education materials and programs.

The latest form for Start Small, Save Up Workforce Questionnaire expires 2024-01-31 and is listed under ICR 202009-3170-002.