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Thursday, May 21 • 6:00pm - 6:00pm
211 Youth, Visualization and Financial Knowledge

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Using data gathered from a randomized experimental design, researchers examine the effects of a financial data visualization intervention on respondents having either a high school education, some college or a bachelor's degree. Financial knowledge scores from five commonly used financial knowledge questions are used to compare differences among and between groups using ANCOVA and Poisson regression. Results indicate the visual plus text intervention places high school graduates with financial knowledge equal to college graduates with no intervention. This research makes the case for early intervention to help those potentially going to college understand the consequences of taking out student loans and managing their financial lives.

Author(s): Michael Kothakota, D. Elizabeth Kiss

avatar for Michael Kothakota

Michael Kothakota

CEO, WolfBridge Wealth
Michael is the CEO of WolfBridge Financial and has been working in the financial planning industry for over 15 years.  He has earned a Ph.D. in Financial Planning from Kansas State University, a Master's in Predictive Analytics from Northwestern University, and is a CERTIFIED FINANCIAL... Read More →

Thursday May 21, 2020 6:00pm - 6:00pm CDT
ACCI YouTube