Unfortunately, rural Appalachia is perennially one of the poorest areas of the United States. Many scholars have offered opinions as to why this trend of poverty continues in this region, but one potential cause has not been the subject of much research: do residents in Appalachia have a functional knowledge of the financial system, or even a simple understanding of basic savings, which is necessary for achieving certain levels of financial security? We conduct a survey modeled after a national study which measures basic financial literacy in local Appalachia, expecting to find that at-risk Appalachians would have less financial literacy than the national average. While our initial response rate was too low to justify a concrete claim, our preliminary findings suggest that local at-risk Appalachians were more likely to incorrectly answer basic financial literacy questions, and we believe that a larger study into this issue is warranted. Should a concrete outcome arise in the affirmative, we offer suggestions for policy responses, including implementation of free personal finance classes to combat the issue.

Objectives: To evaluate the extent to which students’ personal finance perceptions, projected student loan indebtedness, and demographic characteristics predict post-PharmD career intentions. Methods: Students at three pharmacy colleges completed a 31-item survey instrument that assessed personal finance perceptions, self-efficacy beliefs, anticipated student loan debt upon graduation, postgraduate intentions, anticipated practice setting upon graduation, and demographic characteristics. Logistic regression models were used to examine the extent to which personal finance perceptions, student loan indebtedness, and demographic characteristics predicted postgraduate intentions and anticipated practice setting. Results: A total of 763 usable responses were obtained (response rate=90.3%). Students reported an anticipated personal student loan debt mean at graduation of $162,747±87,093 and an estimated 7.4±5.8 years to pay off non-mortgage debt post-graduation. Fifty-three percent of students reported planning to practice in a community pharmacy setting post-graduation, and 54% indicated intentions to enter practice directly. Student loan indebtedness was not a significant predictor of planning to pursue postgraduate training. There was a significant association between debt influence and pressure perceptions and pursuance of postgraduate training (aOR=0.78;p=0.009). The odds of indicating hospital (vs. chain community) pharmacy as the anticipated setting decreased 36% with every 1-point increase in debt influence and pressure perceptions (aOR=0.64;p<0.001 Conclusions: Perceived debt pressure and influence predicted intention to enter practice directly (vs. pursuing postgraduate training) and selection of chain community pharmacy (vs. hospital pharmacy). Student loan indebtedness was not a significant predictor of postgraduate training intentions. Interventions that equip students to manage pressure associated with student loan debt should be explored.

Objectives: 1) Describe relationships between student pharmacists’ personal finance perceptions and projected post-graduation indebtedness; 2) Examine the association between personal finance perceptions, demographic characteristics, and post-PharmD career intentions. Method: Student cohorts at two colleges of pharmacy (N= 226) completed a self-administered 39-item questionnaire assessing personal finance perceptions, behaviors, student loan indebtedness, and post-PharmD career intentions. Parametric and nonparametric independent t-test and one-way ANOVA equivalents, and logistic regression techniques were used to examine differences across and relationships between study variables. Results: A 73% usable response rate was obtained. On average, students anticipate $169,323 (± $81,641) in post-graduation student loan debt and expect to pay off debt in 8.0 (± 6.4) years. Over 75% of students feel pressured to get out of debt upon graduation and 55% have a plan for debt repayment. Projected student loan debt did not differ across students who anticipate pursuing postgraduate training versus those planning to enter practice directly. However, students intending to directly enter practice were 2.6 times as likely to indicate debt influences their post-PharmD career plans compared to individuals intending to pursue postgraduate training (p=0.001). Students intending to practice in community pharmacy settings were 3.3 times as likely to indicate debt influences their post-PharmD career plans compared to individuals planning to enter all other practice settings (pImplications: Our study adds to recent literature exploring the relationship between student indebtedness and career decision-making. Further research is warranted to explore interventions that foster increased personal finance self-awareness in student pharmacists and minimize student indebtedness.

Researchers recommended investing according to the long only momentum (MOM) strategy to generate excess returns for private investors. The general problem of this study was that it was unclear when to enter and when to exit declining financial markets to avoid larger losses and to improve the overall performance with the MOM strategy. Therefore, it was important to understand the influence of a timing indicator on the MOM strategy. The purpose of this study was to examine the relationship between different moving average (MA) settings, the MOM strategy, and the performance of the returns from the construction of small U.S. stock portfolios. The research question was what MA setting as a strategy adjustment could improve the MOM strategy performance for small portfolios of U.S. stocks. A quasi-experimental research design was chosen to answer this research question. For the methods and analysis, simple- and exponential- MA, 2 econometric models, and abnormal Sharpe ratios were computed on the sample basis of 30 Dow Jones Industrial Average (DJIA) stocks. The computations allowed me to determine the optimal trading frequencies for the MA MOM strategy. The key result was that the MA MOM strategy could improve the MOM strategy on average by 0.16% per month. The optimal trading frequency for the MA MOM strategy with $5,000 was tri yearly through which (0.90 - 1.85 %) net monthly return could be achieved. The MOM strategy can be adjusted by a simple moving average (SMA) indicator on a 6 versus 36-month basis as a recommendation. This study might contribute to positive social change by adjusting the MOM strategy, which specifically impacts private investors in declining stock markets to improve the overall performance when trading the MA MOM strategy.

Šio darbos tikslas - sukurti asmeninių finansų planavimo ir valdymo sistemą, kuri padėtų vartotojams valdyti jų asmeninius finansus bei taupyti pinigus ir laiką. Šio darbo metu buvo atlika projektavimo bei technologinių priemonių sprendimų analizė. Vėliau buvo išskirti penki pagrindiniai sistemos realizavimo uždaviniai. Pateikti jų galimi sprendimo variantai. Kuriamos sistemos architektūrai buvo pasirinktas tipinis trijų sluoksnių principas. Atlikus sistemos kokybės analizę, nustatyta, kad jos kokybė yra gera ir atitinka iškeltus reikalavimus. Palyginus sistemą su alternatyviais sprendimai, ji įvertinta kaip vidutinė, atsižvelgiant į jos teikiamą naudingumą vartotojui. / The objective of this project was to develop a personal finance planning and management system that helps people to manage their personal finance and saves money and time. During its execution, the analysis of design and technology solutions was performed. Further, five basic goals of system realization were formulated, the potential solutions for which were presented in the thesis. The architecture of the developed software is based on the principle of three layer design. During the quality analysis of the system, it was evaluated as a good system except that its maintainability rate was rather low. Its comparison with the alternative systems disclosed it as an average system from the viewpoint of its expediency.

<p>In South Africa, as in many developing countries, most households are poor and do not save, as a result of which they do not acquire any positive net worth and which also constrains access to formal means of finance. South Africa is a consuming nation, with increasing ratios of household consumption resulting in dissaving and often unsustainable levels of household debt, which is also stimulated by the current lower level of interest rates. This situation is worse amongst poorhouseholds who also often experience financial shocks, for instance because of the death of family membersas a result of HIV/AIDS. This report provided an overview of household saving in South Africa for the period 1983 to 2003. It identified the main factors responsible for the lack of a commitment to saving which are particularly relevant in the case of poor households.</p>

Thesis (D. Min.)--New Orleans Baptist Theological Seminary, 1997. / Includes abstract and vita. Includes bibliographical references (leaves 168-173).

Magister Economicae - MEcon / In South Africa, as in many developing countries, most households are poor and do not save, as a result of which they do not acquire any positive net worth and which also constrains access to formal means of finance. South Africa is a consuming nation, with increasing ratios of household consumption resulting in dissaving and often unsustainable levels of household debt, which is also stimulated by the current lower level of interest rates. This situation is worse amongst poorhouseholds who also often experience financial shocks, for instance because of the death of family membersas a result of HIV/AIDS. This report provided an overview of household saving in South Africa for the period 1983 to 2003. It identified the main factors responsible for the lack of a commitment to saving which are particularly relevant in the case of poor households. / South Africa

This thesis tries to explore the current situation on the Czech market in terms of options and opportunities for saving and investing for the small investor. It summarizes the basic methods and rules of investing and financial planning. Identifies and describes the investment instruments available on the Czech market.

The thesis includes the introduction of ways how to increase the value of personal finance. The major ways are the bank products, instruments of financial and capital market and real estates. The problem is descripted from the small investor's point of view.