Financial literacy education and high school students - overview, analysis, suggestions and implications. (23rd March 2022)

• Record Type: Journal Article
• Authors: Tian, Chen; Wang, Chunhui
• Is Part Of: International journal of services, economics and management. Volume 13:Number 1(2022)
• Page Start: 1
• Page End: 16
• Publication Date: 2022-03-23
• Subjects: financial education -- financial literacy -- financial behaviour -- implication assessment; Service industries -- Management -- Periodicals; Service industries -- Economic aspects -- Periodicals; 658
• Languages: English
• ISSNs: 1753-0822

Abstract

Financial literacy education is essential for improving high school age students' financial wellbeing by instilling and developing awareness, knowledge, skills and attitudes of financial matters. This study analyses the importance and implications of financial literacy education by providing: 1) an overview of four countries' high school financial education and through empirical analysis; 2) identified the importance that financial literacy education plays in improving personal financial capabilities; 3) raised helpful suggestions to improve the outcomes of financial literacy education; 4) ends with a discussion on the implications of high school financial literacy education.