Money Management, Savings and Investment as Central Topics in Financial Education: How Do High School Students Perceive Them?

Using a framework for educational design research, this article reports and evaluates the (process of the) design of a financial education program. The program is designed for high school students in the prevocational track in the Netherlands. The aim of the program is to improve students’ financial knowledge, attitudes, self-efficacy, and (savings) behavior. The main outcome of this study is the identification of design principles that can be used by others for the design of financial education programs: setting a personal savings goal, commitment with and reflection on this goal, discussing money issues with peers and family, hands-on activities with autonomy, and explicit instruction through animated video clips. The results show that our program, called “SaveWise,” improves high school students’ financial knowledge and skills, financial awareness, attitudes towards money, self-efficacy, and financial behavior.

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The Effects of Financial Education on the Financial Knowledge of High School Students

Journal of Consumer Affairs ◽

10.1111/j.1745-6606.2010.01172.x ◽

2010 ◽

Vol 44 (2) ◽

pp. 336-357 ◽

Cited By ~ 103

Author(s):

WILLIAM B. WALSTAD ◽

KEN REBECK ◽

RICHARD A. MacDONALD

Keyword(s):

High School ◽

High School Students ◽

Financial Education ◽

Financial Knowledge ◽

School Students

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Atividades sobre a tabela SAC em uma proposta de educação financeira por meio da resolução de problemas

Revista Brasileira de Educação em Ciências e Educação Matemática ◽

10.33238/rebecem.2019.v.3.n.2.22630 ◽

2019 ◽

Vol 3 (2) ◽

pp. 440

Author(s):

Clístenes Lopes da Cunha ◽

João Bosco Laudares

Keyword(s):

High School ◽

High School Students ◽

Problem Solving ◽

Error Analysis ◽

Daily Life ◽

Financial Education ◽

Financial Mathematics ◽

School Students ◽

Problem Situations ◽

Simple Manipulation

Resumo: Neste artigo apresentamos algumas atividades de Matemática Financeira que podem promover o exercício da Educação Financeira, à partir do momento que estudantes do Ensino Médio têm contato com o Sistema de Amortização Constante (SAC). Para alcançarmos nosso objetivo, de promover uma Educação Financeira de forma significativa, adotamos a metodologia da Resolução de Problemas, por meio de elementos do cotidiano econômico-financeiro, em atividades relacionadas a alguns conteúdos do Ensino Médio. A análise de erros utilizada nas situações-problemas apresentadas possibilitou o mapeamento dos fatores que causam entrave ao trabalho com Resolução de Problemas, possibilitando caminhar da simples manipulação de padrões da Matemática Financeira para uma nova postura do professor e do estudante no enfrentamento de situações com reflexão e construção de cidadania, vivenciando na escola questões reais. Palavras-chave: Resolução de Problemas; Educação Financeira; Matemática Financeira; Tabela SAC. SAC table activities in a proposal for financial education through troubleshooting Abstract: In this article we present some activities of Financial Mathematics that can promote the exercise of Financial Education, since high school students have contact with the Constant Amortization System (SAC). In order to achieve our goal of significantly promoting Financial Education, we adopted the Problem Solving methodology, through elements of economic and financial daily life, in activities related to some High School content. The error analysis used in the presented problem situations allowed the mapping of the factors that cause obstacles to the work with Problem Solving, making it possible to move from the simple manipulation of Financial Mathematics patterns to a new posture of the teacher and the student in facing situations with reflection. And citizenship building, experiencing real issues at school. Keywords: Troubleshooting; Financial Education; Financial Math; Table SAC.

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The Impact of School-Based Financial Education on High School Students and Their Teachers: Experimental Evidence from Peru

SSRN Electronic Journal ◽

10.2139/ssrn.3305510 ◽

2018 ◽

Author(s):

Veronica Frisancho

Keyword(s):

High School ◽

High School Students ◽

Experimental Evidence ◽

Financial Education ◽

School Students ◽

School Based ◽

The Impact

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PERCEPCIÓN DE TÓPICOS FINANCIEROS EN ESTUDIANTES DE BACHILLERATO COMO ELEMENTO DE INCLUSIÓN. UN ESTUDIO EMPÍRICO EN LA REGIÓN DE VERACRUZ

International Journal of Developmental and Educational Psychology Revista INFAD de psicología ◽

10.17060/ijodaep.2017.n1.v2.963 ◽

2017 ◽

Vol 2 (1) ◽

pp. 513

Author(s):

Arturo García-Santillán ◽

Belém Alejandra Contreras-Rodríguez ◽

Elena Moreno-García

Keyword(s):

High School ◽

Factor Analysis ◽

High School Students ◽

Empirical Study ◽

Exploratory Factor Analysis ◽

Formal Education ◽

Financial Inclusion ◽

Money Management ◽

School Students ◽

Global Agenda

Abstract.PERCEPTION OF FINANCIAL TOPICS IN BACHILLERATO STUDENTS AS ELEMENT OF INCLUSION. AN EMPIRICAL STUDY IN THE REGION OF VERACRUZThis study presents a global agenda subject that is an element of financial inclusion, analyzing the perception of high school students towards financial topics such as income, money management, savings and investment and expense and credit. Also, the construct of the identified variables perception is analyzed in the existing literature, where each variable gives its own indicators to study the perception of the students in the region of Veracruz. An exploratory factor analysis is applied to identify the factorial weight of each component, which grouped show that there are two components that explain the study phenomenon. The result, leads us to believe that the students have an expectation of what their future economic income will be in terms of the remuneration expected to be gained as a result of their job. They consider that the formal education that they will attain in the high school and college academic levels is closely related to the sort of income by wages and salaries that they may be able to earn on the long-term.Keyword: financial subject, financial inclusion, financial educationResumen.El presente estudio expone un tema de agenda mundial que esta como elemento de la inclusión financiera, se analiza la percepción de los estudiantes de educación media superior hacia tópicos financieros, tales como ingreso, administración del dinero, ahorro e inversión y gasto y crédito. Se analizan el constructo de percepción con las variables inidentificadas en la literatura existente, en donde cada variable arroja indicadores propios para analizar la percepción de los estudiantes de la región de Veracruz. Se realiza un análisis factorial exploratorio para identificar el peso factorial de cada componente, en donde agrupados al final arroja dos componentes que explican el fenómeno de estudio. El resultado nos lleva a pensar que el estudiante tiene una expectativa de lo que serían sus ingresos económicos a futuro en términos de la remuneración que espera obtener como resultado de su trabajo. Consideran que la educación formal que obtendrán en el nivel académico de bachillerato y profesional, está muy relacionada al tipo de ingresos por sueldos y salarios que puedan tener a largo plazo.Palabras clave: tópicos financieros, inclusión financiera, educación financiera

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Financial Education and Financial Attitudes: Evidence From a High School Experiment

Journal of Financial Counseling and Planning ◽

10.1891/jfcp-19-00034 ◽

2020 ◽

Vol 31 (2) ◽

pp. 251-266

Author(s):

Radha Bhattacharya ◽

Andrew Gill

Keyword(s):

High School ◽

High School Students ◽

Risk Taking ◽

Financial Literacy ◽

Financial Education ◽

Literacy Intervention ◽

School Students ◽

Financial Attitudes ◽

Increase Risk ◽

Per Se

We surveyed high school students in Southern California to investigate whether there is an improvement in financial attitudes from eight class periods of financial literacy intervention in a high school economics course. We examine whether the money management (MM) and financial investing (FI) components of financial instruction influence attitudes differently and whether they each influence attitudes beyond a standard economics course. We find that the MM treatment influences being thrifty and delaying gratification. Both treatments increase risk-taking behavior, with neither treatment being more important than the other. Within the confines of our experiment, exposure to economics per se did not influence any of the financial attitudes, pointing to the need for financial education to inculcate healthy financial attitudes in high school children.

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APPROACHES ON FINANCIAL EDUCATION IN HIGH SCHOOL: INTERFACES WITH RESEARCH IN THE AREA

INTERNATIONAL JOURNAL EDUCATION AND TEACHING (PDVL) ISSN 2595-2498 ◽

10.31692/2595-2498.v3i1.122 ◽

2020 ◽

Vol 3 (1) ◽

pp. 111-123

Author(s):

Patrícia Da Silva Sá Sartório ◽

Airton José Vinholi Júnior

Keyword(s):

High School ◽

Decision Making ◽

High School Students ◽

School Context ◽

Financial Education ◽

Formal Context ◽

Basic Question ◽

School Students ◽

Daily Lives

It is of fundamental importance that Brazilian school institutions are concerned with financial education in people's daily lives, since this is indispensable in everyday decision-making, both school and family, because much of what is learned in the school context, is practiced at home. In this sense, the basic question raised for this work is: how to propose a financial education that favors discussions about the family budget of high school students in Brazilian schools? One of the aspects that needs to be pointed out is the problem related to the quality of students' decision-making, with regard to financial education, whether in the formal or non-formal context of teaching. The current situation points to a very significant number of people who have financial defaults, failing to meet their monetary commitments. Thus, in order to maximize studies on this theme, the work sought to collect information and trends on this theme on the national scene, through a bibliographic article, focusing on academic productions related to financial education and aimed at high school. The aim of this study was to show the importance of working on this topic with high school students, the habit since adolescence of having a healthy financial life, which later in adulthood will be put with more practice and experience.

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