FINRA Foundation

FINRA Foundation appears in New study reveals a "smartphone penalty" that distorts survey results as the organization behind the financial-knowledge survey trend that prompted the episode’s methodological question. The episode says its surveys showed a 15% decline in U.S. personal-finance knowledge from 2009 to 2021.

The source does not treat the decline as automatically false. Instead, it uses National Financial Capability Study device data to show why Financial Literacy Measurement needs to account for Survey Mode Effects before the trend becomes a policy conclusion.

Connections

• National Financial Capability Study - survey program discussed through the FINRA Foundation trend.
• Carly Urban - economist explaining the device-effect research.
• Smartphone Survey Penalty - possible measurement artifact affecting knowledge scores.
• Financial Literacy Measurement - broader concept connected to the foundation’s survey data.