Local wisdom contained in the Sasak community needs to be continuously preserved and become a local value or tradition that is believed to be true until now. The development of forms of local Sasak wisdom in this study is integrated into the concept of family economic education, especially in educating children from elementary school age. This…

This study aimed to determine the financial and mathematical literacy levels of university students. Therefore the study contributes to the reflection of students' knowledge of mathematics and finance acquired during their studies to the problems they face in real life as well as to examine how this background affect their opinions in practice.…

Due to current trends in society and economy, financial literacy is often considered as an important twenty-first century skill. However, regardless of the postulated relevance, studies suggest that financial illiteracy seems to be a widespread phenomenon in the population of many nations. Some studies also show that some groups perform…

The purpose of the study was to evaluate an education program at the high school level for financial literacy skills mentioned within the framework of general competencies and test programs' effectiveness. A mixed-method to obtain data diversity was employed in the research. In the quantitative part of the study, an experimental approach was used,…

This paper examines the role of numeracy in smoothing financial difficulties during the COVID-19 pandemic. The results show that numeracy was associated with a 30% reduction in late or non-payment of bills and a 20% reduction in the odds of feeling financially squeezed. The effect of numeracy on financial wellbeing was remarkably consistent across…

As a field established on improving the lives of individuals, families, and communities, Family and Consumer Sciences (FCS) is well-positioned to address the challenges and opportunities faced by justice-involved families (Nickols et al., 2009). From reentry and rehabilitation to parenting and family relationships, the support of justice-involved…

The mismatch between financial objective and subjective knowledge that occurs in youth and adolescents has been understudied in the literature. Based on objective and subjective financial literacy scores, this study categorizes financial literacy into four types: financial literacy overconfidence, underconfidence, competence, and naïvete in a…

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…

The aim of the study focused on assessing the relationship between student's financial knowledge and their relationship with the use and application of financial instruments. The test designed by Garcia-Santillan, Contreras-Rodriguez and Moreno-Garcia which integrates topics on money management, savings and investment, spending, credit and…

Teaching basic personal financial concepts and principles even among young learners is beneficial not only for the child, but also for the family and the entire society. This study aimed to develop an integrated financial education program for kindergarten learners. The study employed developmental research following three stages (analysis,…

Because the microworld can create a learning environment that allows learners to interact with the real world, the view of the microworld has been widely used in education and training. In this study, the simulated transactional interactive concurrent system (STICS) was used to provide an environment that simulates the stock market trading of the…

Purpose: This contribution contextualizes the current debate on financial literacy within the discourses on ideology in curriculum design. The critical review questions the concept of financial literacy as used in assessment studies in Austria, revealing the studies' ideological assumptions and their embeddedness within neoliberal ideology.…

This study develops a conceptual framework to investigate the relationship between households' information search behavior and financial management outcomes. Consumers' information search behavior is examined from both internal and external perspectives. The internal information sources include human capital and psychological and attitudinal…

Financial literacy is defined as the possession of knowledge and skills that enable informed and effective money management. Financial literacy is enhancing the financial developments and economic growth of the country. In the face of these developments, it is important to assess if the younger generation, especially undergraduates who are seen as…

Literacy is an essential skill in the modern world, as having the ability to read, write, and communicate effectively is critical. Additionally, financial stability is imperative in a Western society that values wealth and upward mobility. Together, financial literacy is a crucial combination of skills and education that allows people to make…