Most salient financial literacy frameworks and curricula mainly focus on teaching and learning of simple money management. However, the financial demands placed on individuals today include much more complicated matters, such as buying a home and saving for retirement. Furthermore, financial literacy gives rise to normative questions such as what…

This is the fourth annual evaluation report for the Sorted in Schools, Te whai hua -- kia ora programme, a financial literacy programme for secondary school students and akonga, led by Te Ara Ahunga Ora Retirement Commission. In 2023, the evaluation focused on collecting data about key programme goals and reporting on the proportion of schools and…

In 2012, the Central Bank of Uruguay initiated an Economic and Financial Education Programme, BCUeduca. Its objective is to contribute to an informed citizenry by offering workshops designed for teachers and students, journalists, families and workers from all over the country, trade union leaders, retired people, female prisoners and personnel…

Financial literacy is a competence that extends to many aspects of everyday life. The Great Recession has recently highlighted its relevance and the importance of financial literacy training in the school curricula. The authors use PISA 2015 data to investigate the link between financial education and young people's financial literacy across 15…

The purpose of this article is to explain the construction of, and potential uses of, a conceptual framework for financial literacy education that has been constructed upon key information drawn from literature reviews of financial literacy education as presented in countries with developed or developing policies and practice in the area. The…

Nowadays, individuals are expected to be literate in different areas. Mathematical literacy and financial literacy are among them. Mathematical literacy has been evaluated in PISA since 2000 while financial literacy has been included in PISA since 2012. Based on the idea that there is a close relationship between these literacies, in this study…

The aim of this study is to investigate the presence of DIF over the gender variable with the latent class modeling approach. The data were collected from 953 students who participated in the PISA 2018 8th-grade financial literacy assessment in the USA. Latent Class Analysis (LCA) approach was used to identify the latent classes, and the data fit…

Students in Asia usually receive financial literacy education in English. This study examines the foreign-language effects of financial literacy education both at home and school among secondary school students in Hong Kong (n = 1011). The study investigates the influence of language on students' risk-taking values, financial attitudes…

We evaluate whether a scalable online teacher professional development (OTPD) module that requires little time investment enhances students' financial literacy. Two randomised controlled trials were performed, with 1827 students, 53 teachers and 47 schools participating. The financial education programme on its own increased students' financial…

The Center for Universal Education (CUE) at Brookings has been investigating efforts to scale and sustain evidence-based initiatives leading to large-scale improvements in children's learning. CUE has been implementing a series of collaborative action research initiatives called Real-time Scaling Labs (RTSL), in partnership with local institutions…

Purpose: To explore students' understandings of financial literacy and economics issues with an aim to inform future teaching designs. Design/methodology/approach: Phenomenography and variation theory has been used to analyze students' understanding of a concept found in both financial and economic contexts, namely "value." Findings:…

This report examines the results of the Personal Financial Literacy Curriculum Survey (PFLCS). The PFLCS was designed by Miami-Dade County Public Schools' (M-DCPS) Office of Program Evaluation and Department of Social Sciences to gain insight into a baseline measure of financial literacy proficiency by grade level and student demographics.…

The Center for Universal Education (CUE) at Brookings has been investigating efforts to scale and sustain evidence-based initiatives leading to large-scale improvements in children's learning. CUE has been implementing a series of collaborative action research initiatives called Real-time Scaling Labs (RTSL), in partnership with local institutions…

This study examined the relationship between language difficulties and learner's errors in financial mathematics, and it employed a quantitative research approach using a case study design. The population for the study consisted of all grade 10 mathematical literacy (ML) learners from three selected schools in East London District, from which 40…

"Sorted in Schools, Te whai hua -- kia ora" is a financial capability programme for secondary school students in English-medium (EME) and Maori-medium (MME) education settings. The programme aims to equip all young New Zealanders for their financial future. The first resources were piloted in 2018, and schools and kura started to use the…