19 Jun DESCRIBE THE PURPOSE OF YOUR STUDY.
Describe the purpose of your study. “The purpose of this study is to have a financial plan in place that will increase your chances of a financially successful and quality life as well as prepare you to focus on your financial goals and what it will take to reach them.
Post your research question(s) Within the area of focus within my action research it was important to me because as an African American female, I had noticed over the course of my life where my loved one’s and to fundraise in order to bury a loved one. This was due to backwards, emotional and social spending that was causing us to make foolish money move that would not prepare us for our financial future.
Outcomes/Results The “so what?” After conducting the action research that I performed with the assistance of seven of my family members, it was concluded that many of my family member where not in their favorite and actual field or line of work that they would have preferred. I also concluded that many of the family members that participated within this financial action research project were not using time as their key financial involvement in learning about new financial strategies and redesigning financial habits. Concerns about using different financial saving strategies did not work as well, especially if it imposed on too much of their time during the day in which many of them did not have the time to spare.
Assuming you would conduct another cycle of this study, what specific modifications or adjustments would you make, and why?
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