BARRY J from TX posted over 1 year ago:

I can’t believe someone will “earn” a PhD from this term paper. The abstract describes this "research" as “a novel search-based “financial awareness index” constructed from counting) not analyzing) Google Trends SVIs. The “novel” “FAI” measures individuals’ attention to specific financial topics.“ #1 Google searches are not “research.” #2 “Novel”’ is code for “weak methodology.” #3 “Based on volume” is code for mere counting without analysis. #4 “Financial awareness” (the x variable in this study) is defined as “the extent to which individuals are aware of personal financial matters” and #5 is measured by “the initiative of their efforts to improve financial knowledge, capabilities, and behaviors.” Anyone here like runny 5-second soft boiled eggs? #6 The author “found” that “inattentive” people perform tepid searches of Google “topics” to “increase” FA and …. This parade of laziness and short attentions spans “produces” (Round up the usual suspects!) bad financial decisions, weak money management, low savings, poor credit scores, and unsuccessful investments. #7 Please note the dependencies between the X (effort) and Y (success) variables. #8 The big reveal is that "Financial Awareness" is "heterogenic." #9 Translation: Some people are lazy and create their own problems. My oh my oh my! What shall we do, Pooh Bear? Maybe these lovely Googlers will join AAII and NOT read beyond searching the titles of education tools there.

ROBERT A from NC posted over 1 year ago:

We needed a study to tell us that a person who is interested in their finances will do better than someone who is not interested?