Session Information
WERA SES 08 C, Towards Mathematics Excellence in Education World-Wide
Paper Session
Contribution
A Tale of Two World Regions: A Comparative Study of the Impact of Financial Literacy Programs for Youth
Financial literacy as a critical 21st century skill is beginning to gain traction amongst educators, policymakers and governments across the globe. The need for individuals to be equipped with a basic level of personal finance knowledge has been well-documented in previous research studies. In fact, low levels of financial literacy have been found to contribute to numerous critical issues such as poverty, indebtedness, lack of financial resources for retirement and dysfunctional families. This paper examines the personal finance knowledge of students from two different regions of the world, using the valid and reliable Financial Fitness for Life test instrument.
Method
Expected Outcomes
References
Education, New York. Pang, M., 2010. Boosting financial literacy: benefits from learning study. Instr. Sci. 38, 659–677. Swinton, J., DeBerry, T., Scafidi, B., Woodard, H., 2007. The impact of financial education workshops for teachers on students Varcoe, K., Martin, A., Devitto, Z., Go, C., 2005. Using a financial education curriculum for teens. J. Financ. Couns. Plan. 16, 63–71. Walstad, W., Rebeck, K., 2005. Financial Fitness for Life: High School Test Examiner’s Manual (Grades 9–12). Council for
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