Studying the Creation of a Colorado Baby Bonds Program
This study wants to learn how a Baby Bonds program could work in Colorado. Baby Bonds are savings accounts started at birth to help families with children build money for the future. The study looks at how much the program may cost, whether people support it, and whether it could be run and kept going over time in a fair and useful way.
Why this Research Matters
Many families in Colorado have trouble saving money and building financial safety. This can affect children as they grow up. This can make it harder for young people to pay for school, buy a home, or start a business later in life. Baby Bonds are one way that Colorado leaders are looking to reduce gaps in wealth and opportunity. A baby bond is a savings account started at birth using public money. The money grows over time and helps young people start adulthood with more financial support. When participants turn 18, they can use the money for approved purposes, like paying for college or job training, buying a home, starting a small business, or saving for the future. This study looks at how a baby bond program could work in Colorado and how it could support young people and families across the state.
What to Expect
If you join this study, you will be asked to complete a one-on-one interview with a researcher. The interview will last up to 50 minutes and ask questions about finances, money worries, and feelings about a Baby Bonds program.
Study Duration
This study includes one 50-minute virtual interview over a Zoom.
Who can Participate
You may be able to join if you are a parent, caregiver, or young adult living in Colorado and have ever received public benefits in the past. These may include help with food, money, health care, or free or reduced-price school meals. You may also be able to join if you speak English, Spanish, or Vietnamese.
Study ID
Protocol Number: 25-1640
Compensation Information
Meet the Team
Tran Doan
Principal Investigator