The Impact of Financial Literacy Education on Subsequent Financial Behavior

755 Words3 Pages
Article Comparison Mandell, L. & Klein, L. (2009). The impact of financial literacy education on subsequent financial behavior. Journal of Financial Counseling and Planning 20(1): 15-24. The data presented in this article is comprised of quantitative assessments of financial literacy in a population of 79 students one and four years after their participation in a financial literacy education course. The data is presented and interpreted in both visual/graphic fashions and in textual examinations and explanations, meaning that both directly observable quantification and qualitative interpretation is provided. Because of the extensive and multi-layered presentation of this data, it is highly possible for the reader to develop their own interpretation and summary of findings through an examination of the raw data tables and hose that present basic summary statistics, meaning the summary provided by the authors does not have to be relied upon as the certain and complete summary of the data. This is not ultimately of major importance, however, as it is difficult to interpret the basic findings of this research in any way other than that presented by the authors. Because the population of research subjects was selected from a singular area without a broad range of significant demographic differences, it does not appear that there are any relevant variables that were not addressed/controlled/accounted for in the research and the results. The argumentation provided by the

More about The Impact of Financial Literacy Education on Subsequent Financial Behavior

Open Document