Research Project: Influences of Challenging Financial Situations on

In a qualitative research, data collected is transcribed and analyzed. Aim of data analysis is to convert data into information and seek relationships within variables. Data analysis procedure helps understand the importance of good research design, strengths, and limitations (Malterud, 2012).

Both qualitative and quantitative research methods are concerned with an individual’s point of view. Qualitative analysis tends to get closer to an individual’s perspective through the use of interviews and observation (Lincoln, 2003). Quantitative methods are unable to achieve and capture an individual’s perspective as they focus more on remote standardised procedures. Qualitative analysis provides explanations that tend to be rich in detail and capable of showing sensitivity and sequences in social life (Lincoln, 2003).

Qualitative research key characteristics are the researcher immerse her/himself in the setting, contexts of inquiry are not contrived they are natural, want the subjects to speak for themselves, attend to the experience as a what not as separate variables, these is no one general method, the process entail appraisal about what was studied and it implies a direct concern with expertise as it is lived or felt or undergone (Hughes, 2006)

Thus, qualitative interviewing is centered on the idea that participant perspectives and opinions are meaningful (Brayda & Boyce, 2014). Moreover, qualitative interviewing enabled the researcher to gain a deeper understanding of concepts that are not easily discernable, such as intention and feelings (Brayda & Boyce, 2014). This required that the researcher listened carefully to participant responses to be able to guide the discussion and ensure that relevant topics were discussed. It was also relevantt for the researcher to listen closely to be able to ask relevant follow-up question to solicit a deeper understanding of participant beliefs (Dempsey, Dowling, Larkin, & Murphy, 2016).

Maxwell (2005) also notes that qualitative research can be used to address various issues and is not restricted to one ontological stance. The method also involves developing a relationship with the people one is studying, an aspect that is important in defining the authenticity of the data and determining the course of action.

In Family Finances: Fragility, Class, and Gender, authors Ann Duffy, June Corman, and Norene Pupo (2015) draw on qualitative research conducted with industrial workers in southern Ontario to illustrate how growing financial pressures are shaping families’ everyday experiences, and contributing to a growing sense of economic unease. In drawing upon the work of many prominent Canadian political economists, including Jim Stanford, Kate McInturff, and Leah Vosko (among others), they argue that the deleterious effects of increased living costs, income insecurity, and employment precarity are no longer restricted to working-class families, but are increasingly compromising the quality of life of traditionally secure, middle-income earners. While

Qualitative data collection instrument provided me the opportunity to interview the research participant in asking them question not fully illustrated in the quantitative research questionnaire this two methods help in understanding the viewpoints of research participants.

For quantitative studies, I will give questionnaires to various,random people in my school. I will have two different questionnaires, one will be a little more specific, by asking about long term and short term goals.Both questionnaires will ask the participants demographics, such as grade and race. I will ask different students in my classes and in the hallways, if they would like to take my questionnaire. For qualitative studies, I will interview students and give out open-response surveys. Like how I did for my quantitative research studies, I will ask random students in my classes and in the hallways if they would like to take my survey and if I could interview them. I will have two open response surveys, one being more specific, which will ask about long term and short term goals. In my short interview, I will vaguely ask the student if they have any goals then ask them about

When we conducted the qualitative research, we put into account the responses of our informants. We also meticulously consider all the details of the data. We checked and rechecked all the transcriptions and the importance of the data that relate to each other on their themes.

Qualitative research comprises of receiving information that gives a verbal expression of the participates, providing more detail and depth than quantitative studies. It can be used to analysis people’s attitudes and emotions towards a topic encouraging them to expand on their answers to explain the reasons behind why they gave a particular response. The drawbacks to this being as it requires more time to collect the data so smaller sample sizes

Both qualitative and quantitative research methods have their specific qualities which make them useful to a researcher, however in the course of this short essay I will explain why, for several reasons, qualitative research is better. As both methods operate within different assumptions, it is important to stem criticism for each method 's respective theoretical base in order to adequately judge them. In the course of this essay I will highlight each method 's theoretical assumptions and then I will assess each method by pointing out their positive and negative factors.

Qualitative research is an approach used to describe a person’s life events and define them with research and investigation. The goal of this research is to explore and investigate a person’s life and how they experienced it in specific situations. Within qualitative research are different designs with their individual differences and characteristics.

Qualitative research is a formative method of research that is preferred by many researchers as allows the researcher to use several techniques to gather information by seeking answers to research questions. Merriam (2005) stated, “Qualitative research is interested in how meaning is constructed, how people make sense of their lives and their worlds. The primary goal of a basic qualitative study is to uncover and interpret these meanings” (p. 24).Qualitative research has been proven to be a very effective way to address research. There are several methods used to gather information using a qualitative research approach. Qualitative research does not focus on numbers and experiments as compared to other research methods. According to William (2005, p.85) qualitative data collection methods emerged after it has become known that traditional quantitative data collection methods were unable to express human feelings and emotions. More as it allows a researcher to explore ones perceptions, and feelings on a topic. Qualitative is a very effective way to conduct research to gather rich in-depth data. Creswell (2007) claimed that qualitative research is an opportunity to develop an understanding of the experiences from the perspective of the individuals or group being studied through a particular theoretical lens. There are several methodologies associated with qualitative research; including, case studies, phenomenology, and several others.

Qualitative research is a systematic, subjective approach used to describe life experiences and give them meaning. Qualitative research is not a new idea in the social or behavioral sciences (Burns, 2011). Qualitative research consists of a detailed, thorough and complete description of circumstances or events whereas quantitative research is the approach in attempts to describe these

Qualitative research is a technique of promoting research that stresses the quality according to the user’s point of view and approaches. In depth interviews and focus groups are best examples of qualitative research. [Laura Lake, 2009]