This main objective of this study is the measurement of financial literacy in college students from Mexico and Colombia, using an instrument that was designed based on the available literature review and which was applied to a sample of 224 students. It was possible to find slight differences between the two countries, but the results as a whole…

Graduate students represent a unique demographic within higher education, facing challenges that are distinct from those faced by traditional undergraduate students. Research investigating the pressures associated with graduate study reveal that stress takes a detrimental toll on the mental and emotional well-being of graduate students, leading to…

The teaching of financial literacy through game-based approaches is legitimized by the ability of game-based learning (GBL) to simulate financial decisions that young people have not yet encountered in their lives due to limited legal capacity and economic dependence on the parental home. Although results on the general effectiveness of games are…

The National Strategy for Financial Literacy report released in 2020 by the U. S. Financial Literacy and Education Commission (USFLEC) crafted a new definition of financial education (FE). The report defines FE as the process by which "people gain information, skills, confidence, and motivation to act through various means including classroom…

Purpose: This paper aims to empirically compare the degree to which two technological interventions, based on the computer-supported collaborative learning (CSCL) and the technology acceptance model (TAM), were associated with a different incidence of financial biases. Design/methodology/approach: The study adopted a quasi-experimental research…

The Personal Responsibility Education Program (PREP), authorized by Congress in 2010, is one of the largest federally funded programs designed to prevent adolescent pregnancy and sexually transmitted infections and prepare youth for successful transition to adulthood. PREP legislation requires grantees to incorporate into their programs content on…

While the link between financial capability and numeracy has been explored in numerous pieces of research, there is a dearth of studies that have explored the link between financial capability and literacy. This review pulls together the current evidence base that not only explores whether there is a link between the two but also showcases how…

Behavioral economics and its concept of nudges are rapidly influencing the design of community-based financial education programs. This article addresses why nudges can be useful tools for effective financial education, explains the different types of nudges introduced by behavioral economics research, presents evidence of their effectiveness from…

An alternative perspective of financial literacy questioned the conceptual legitimacy of sustained personal fulfillment through maximization of financial net worth. In this alternative view, a focus on financial assets and their accumulation constitutes an activity of objectification that perceives other individuals as vehicles for personal social…

This article from Carly Sawatzki and Peter Sullivan encourages schools and teachers to consider ways to embed financial literacy tasks in mathematics lessons more often, and includes an authentic task to try with your students.

The limited attention given to financial education in the development of student competencies can undermine the decision making of individuals in their adulthood. This circumstance has been widely studied in the literature, where the effect of financial literacy on creative entrepreneurship is influenced. The objective of this study is to analyze…

This May sees the release of the results from the third PISA assessment of financial literacy. These results are largely consistent with previous findings, but also go beyond earlier assessments in probing students' behaviours and attitudes towards money matters (including digital money matters) and their exposure to financial education at school.…

University of Idaho Extension educators have developed a library of 10 game-based personal finance programs, collectively known as the Northwest Youth Financial Education project, and have made these programs freely available for Extension educators to use. The purpose of this article is to share highlights from an associated train-the-trainer…

Conventional financial literacy education (FLE) practices promote individual choice and responsibility for financial circumstances. The untruth connected to conventional FLE is that achieving financial well-being is possible after acquiring financial skills and knowledge and choosing to make effective financial decisions. In this article, I share…

Establishing Financial Literacy (FL) programs for K-12 students is an emerging concern for policymakers worldwide. Such programs esteem the market a preferred arena for economic decision-making than the civic arena. In parallel, media organizations in many capitalist economies are devoting increasing resources to popular coverage of finance, which…