This study was conducted to determine if there were any statistically significant differences between MONEY participants and others who attended three Extension personal finance conferences. The sample consisted of 124 MONEY 2000 program participants and 101 others. Using chi-square analysis, no significant demographic differences were found between the two groups of respondents. Significant differences were found at the .05 level, however, for action taken and/or planned to invest funds wisely and to set financial goals and objectives. A third significant difference was paying more than the minimum due on credit cards. A more powerful Mantel-Haenszel chi-square test for ordinal data found one significant difference between the two groups of respondents with respect to paying bills on time.
O’Neill et al. (Wed,) studied this question.