This study examined the association between financial literacy and the decision to withdraw funds from different types of retirement accounts before retirement. Data from the 2012 and 2015 National Financial Capability Study were used to investigate if financial literacy may potentially influence the decision to dissave from funds already set…

This research aims to classify college students into meaningful groups based on their subjective financial knowledge (SFK), objective financial knowledge (OFK), and comparative financial knowledge (CFK) using Latent Profile Analysis (LPA). LPA captures underlying dynamics within the grouping variables and compares group differences. Results of LPA…

Constantly on the lookout for Canadian mathematics education matters, I recently experienced a major personal tipping point. The juxtaposition of two different customer service situations was simply too much for me to handle. Now through the looking glass, it was abundantly clear that tipping in Canada is unconscious, and the evidence was…

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…

Many financial literacy educational efforts mainly focus on teaching money management. However, money management alone does not address financial prerequisites concerning home ownership, savings or retirement planning since these issues are governed by agents outside households, namely the financial system and policy makers. This study examines…

Students entering college may not have the financial knowledge and competency needed to completely understand the loans they are signing up for when committing to student financial aid. The purpose of this qualitative case study is to examine the level of financial knowledge that first-year college students have when taking out college loans. This…

This study examines the timing of financial education and its impact on short-term and long-term financial behavior. We also explore the power of financial education on financial knowledge and examine the link between financial knowledge and positive financial behavior. Exposure to financial education during multiple life stages leads to a better…

Financial literacy education, or the lack thereof, has received much attention in recent years. Over the past two decades, we have witnessed the dot com bubble, corporate scandals that stirred the market, and a large recession. Because many individuals turn to accountants for financial advice, it is now more important than ever for professionals…

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…

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…

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.…

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…

This research investigates whether the undergraduate education experience in Turkey affects financial literacy (FL) levels of university students. A survey study was carried out in Suleyman Demirel University (Isparta, Turkey). Students from 7 departments under the fields of natural and applied sciences, social sciences, and health sciences were…

The Program for International Student Assessment (PISA) is a study of 15-year-old students' performance in reading, mathematics, and science literacy conducted every 3 years. The PISA 2018 results provide a global view of U.S. students' performance compared to their peers in nearly 80 countries and education systems. By design, PISA aims to…

From an early age, children are faced with financial dilemmas and are expected to make effective financial decisions about money. In this paper, we explore the classroom practices that may enable a compassionate approach to financial literacy education. We observed an inquiry-based mathematics lesson in a Year 4 primary school classroom. The…