Consent Form

Exploring Personal Financial Information Management Among Young Adults

Principle Investigator

Robert Douglas Ferguson (Doctoral Candidate) McGill School of Information Studies robert.douglas.ferguson[at]mail.mcgill.ca

Supervisor

Prof. France Bouthillier McGill School of Information Studies Phone: 514-398-3362 france.bouthillier[at]mcgill.ca

Purpose and Procedures

The purpose of this study is better understand how young adults organize and manage personal collections of financial documents (such as bills, receipts, budgets, tax returns, etc.) as well as the various factors that motivate financial recordkeeping and planning among this age group. In order to develop this improved understanding, this project asks you to give the researcher a guided tour of your personal collection of financial documents and the spaces in which you do your financial recordkeeping and planning. On the guided tour, you will be asked to show the researcher where you store your personal financial documents, to provide a brief explanation of how those documents are organized (if at all), and to describe ways in which you use those documents in everyday contexts. This study is funded by the Social Science and Humanities Research Council of Canada (SSHRC).

We expect the guided-tour to take between 60 and 120 minutes.

Risks and Benefits

This study poses minimal risks and has potential benefits for participants. Please feel free to ask any questions or raise concerns that you might have about your participation. Potential risks include fatigue as a result of thinking and remembering during the guided-tour task. Participants might also experience minor stress or discomfort as a result of talking about personal finances and money. Potential benefits of participation include a better understand of your own financial behaviours and recordkeeping practices as well as awareness of other information resources and recordkeeping techniques available to young adults for managing money.

Privacy and Security

You privacy and security is extremely important to us! As a result, we have several protocols in place to protect your identity we’d like to tell you about:

Privacy

  • The researcher is NOT interested in the net-worth or financial figures (i.e. account balances or numbers);
  • Every attempt will be made to NOT collect personally identifying information, intentionally or unintentionally, by concealing such information (i.e. placing sticky notes over names, account numbers, financial figures prior to photographing);
  • Participants WILL be allowed to review and approve all photographs taken during the data collection task.

Security

  • Any digital copies of data such as photographs, interviews recordings, or interview transcripts, WILL be encrypted, password-protected and NEVER stored on a USB Key or device that can be easily lost or stolen; Any physical copies data, such as printouts, will be stored in a double- locked cabinet in a secure office at McGill University;
  • Consent forms will be sealed in plain letter envelopes immediately upon collection, which will then be stored in a separate location from data.

Remuneration and Compensation

You will receive 10$ for participating in the research.

Withdrawal of Data or Participation

Participation is voluntary; you may decide to withdraw from the study at any time and for any reason, without penalty. You are also free to skip any questions or activities. Withdrawing from the study will not impact your relationship with the research team in any way. If you choose to withdraw, inclusion of the data collected prior to your withdrawal may be appropriate in some of our analyses. It is up to you whether or not your data is included any analyses. If you decide to withdraw and do not wish to have your data included, please inform the research team at that time.

Confidentiality and Use of Data

All information collected will be kept secure and confidential. Only the researcher will have access to your data files. Data will be de-identified and coded. The data collected will be destroyed 5 years after completion of the study. Data collected may be used in research journals, conferences, or other scholarly activities. In these cases, your name will not be used and will be replaced with an identifier (e.g., Participant 1). Audio recordings will never be included in presentations. Personally identifying information, such as your name, will never be disclosed.

Questions or Concerns

You are free to ask questions about the process at any time. You can ask questions in person during the interview, or by contacting the researcher (robert.douglas.ferguson[at]mail.mcgill.ca) or his supervisor (france.bouthillier[at]mcgill.ca).

If you have any questions or concerns regarding your rights or welfare as a participant in this research, please contact the McGill Ethics Officer at 514-398-6831 or lynda.mcneil[at]mcgill.ca.

Audio and Photo Release

[ ] I grant permission to be audio recorded for the purposes of transcription.

Audio recordings of the study sessions are helpful for us to generate transcripts. These transcripts facilitate data analysis and ensure your responses are accurately recorded. You have the choice as to whether or not you wish to be recorded. Note that your selection will in no way affect your participation in the study or your compensation. At any time, you may request that the recording device be turned off, for as long as you like.

[ ] I grant permission to be photographed for the purposes of illustration.

Photographs from the study session are helpful for us to illustrate findings from guided-tours. These photographs facilitate data analysis and ensure your responses are accurately recorded. You have the choice as to whether or not you wish photographs to be taken. Note that your selection will in no way affect your participation in the study or your compensation. At any time, you may request that the photographing device be turned off, for as long as you like.

I have read and understood the information above and agree to participate in the study.