# Prof. Vicki Morwitz's research on budgeting by month vs. by year is cited

1 May 22, 2012 US News & World Report ![U.S. News and World Report logo](/sites/default/files/styles/246w/public/assets/images/con_030501.jpg?itok=1EF-s0wb)>

Excerpt from [US News & World Report](http://money.usnews.com/money/personal-finance/articles/2012/05/22/how-to-stop-feeling-broke) -- "Research by the University of Southern California's Gulden Ulkumen, Cornell University's Manoj Thomas, and New York University's [Vicki Morwitz](http://www.stern.nyu.edu/faculty/bio/vicki-morwitz) found that college students were about 40 percent off-target when budgeting by the month, but only 3 percent off when thinking by the year."

[Read more  ](http://money.usnews.com/money/personal-finance/articles/2012/05/22/how-to-stop-feeling-broke)