I thought this week I'd give some props to my Business Professor, Wayne Hochwarter, and our research that we performed that was just released by the Florida State Business School.
Currently, I'm doing a Directed Independent Study (DIS) with Professor Hochwarter as part of my MBA in the Business School. As part of the DIS, we're performing several studies including the study that was just released on Monday. In this research, we looked at the real effects of monetary frugality in everyday life, which has been brought to light by the recent economic downturn. We surveyed 1,500 local employees to measure their spending habits and discovered the consequences of not being frugal with your money. The research confirmed that less-conservative employees set aside few financial resources to cushion the family in the event of an emergency of change in work status. In other words, we found that it's far better to be more conservative with your financial resources, even though that might not be the more popular thought in today's world.
Throughout the process, I learned a lot about professors perform their research, and the vast majority of it is really interesting. It takes more work and time than most people would know, so I'm grateful that Hochwarter let me be part of this study. Hopefully I'll get to do this again in the near future.
Personally, I've been really enjoying our bye week. Everyone deserves a couple days off here and there, and I've really taken advantage of it. Some of the offensive lineman and I went out to the golf course earlier this week and as always, it was definitely fun to get out there. I shot in the 80's: ARE YOU LISTENING SHAWN POWELL? The 80's, and I'm finally developing a good short game that doesn't cost me tons of strokes every round. When I can put my drive in the fairway almost every time and get that short game going, I like to call it a "Ponder Day" on the golf course.
Now, I've received tons of comments about my sign off. Their were some good ones last week, but I'm looking for something really funny. So for now, continuing with the movie theme from last week...
"Big Gulps, Huh? Well, see ya later!"