Personal Finance Changes Among Millennials and How it Affect the Future of Budgeting

Dissertation
Research Proposal Guidance
The Research Proposal, a formative component, is designed to allow the student to show they have developed a feasible research title and formulated a coherent research strategy.
The research proposal tests the student’s ability to satisfy the following module learning outcomes:
1. Critically review and evaluate current research relevant to a self-determined topic.
2. Develop and implement your own research strategy.
Some students have asked whether they have to collect primary data for the dissertation. For some topics and disciplines this is justified and crucial to the research strategy, but for other topics and disciplines the exclusive use and analysis of secondary data is just as valid.
Submission Details. The submission must be a Word document. The suggested word count is 1,000 words, excluding the bibliography
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Dissertation Selection Form
1. Your topic and research questions
Exploring the personal finance changes among millennials and how they will affect the future of budgeting for the upcoming generation.
Exploring the Gen Y induced personal finance changes in the UK.
Exploring the speed and scale millennials have adopted budgeting.
Exploring budgeting as an enabler of personal finance disruption amongst Millennials. to handle these challenges.
2. Students will select their area of study Applied: A dissertation which draws on the theoretical content of the student’s course and applies it to the practical analysis of a real-world problem. I will analyze the financial and legal challenges facing HR, then apply course content to conclude on their solutions. Combining both the course materials and theoretical frameworks exhausts several issues for better understanding.
3. Existing relevant literature on your topic
i. Article/Book/Report 1: Lusardi, C. d. (2015). Generation Y personal finances: a crisis of confidence and capability. Madison: Filene Research Institute. Retrieved from https://www(dot)fincap(dot)org(dot)uk/en/insights/generation-y-personal-finances-a-crisis-of-confidence- and-capability
This journal article offers comprehensive insights on personal finance changes among millennials and its impact on upcoming generations.
ii. Article/Book/Report 2:
Walsh,B.,& Lim,H. (2020).Millennials' adoption of personal financial management (PFM) technology and financial behavior. Financial Planning Review, 3(3), e1095.
This journal article provides an in-depth understanding of the speed and scale millennials adopt personal financial management techniques such as budgeting apps.
iii. Article/Book/Report 3:
Insights, C. B. (2019). From Investing To Budgeting, How Millennials Are Disrupting Personal Finance.
This article explores budgeting as an enabler of personal finance disruption amongst Millennials
4. Sources of data and/or information
Books and literature materials that did studies in the same field
5. Methodology to be employed
This study adopted a qualitative approach.Research Proposal Structure
All students are researching separate topics within numerous disciplines so the guidance here is broad and generic.
USING THE DISSERTATION SELECTION FORM ATTACHED ABOVE COMPLETE THIS PROPOSAL.
Title Page: include the word count of the submission
Introduction (200-300 words): Provide a feasible research title and associated research questions or objectives; indicate the background and academic context of your research and what motivates you to choose this research topic.
Literature Review (300-400 words): At the point of submitting the research proposal you should have at least three academic journal articles that you can discuss in terms of how they relate to your topic and criticize or judge the evidence used by the authors in terms of validity, reliability and transferability.
Methodology/Research Design (200 words): How you will conduct your research – types of research methods relevant to the topic, the data needed for the analysis – primary data and related issues and/or secondary data sources, the quality of data available and how to overcome any quality issues.
Analysis (200 words): How data will be analyzed and the results from the analysis be used to develop theoretical explanations.
Bibliography: Referencing throughout the research proposal (and the subsequent dissertation) and in the bibliography should adhere to the