The Effectiveness of Youth Financial Education: A Review of the Literature
14 Pages Posted: 27 Feb 2013
Abstract
In the current financial crisis, children and youth are uniquely impacted by household finance complexities. Moments of financial trouble are teachable opportunities for children and youth to learn about personal finance and to improve their own money management skills. However, comprehensive strategies for educating them about personal finance have not yet emerged. This review of the literature explores the state of youth financial education and policy, including definitions and measures of effectiveness. Delineating a range of approaches to the delivery and assessment of youth financial education, this paper reports on impact data and best practices and highlights some controversies. It concludes with a discussion of the gaps in knowledge and suggestions for further research.
Keywords: financial literacy, personal finance, review of literature, youth financial education
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Against Financial-Literacy Education (Korean Edition) (금융교육에 대한 새로운 시각)
-
Evidence and Ideology in Assessing the Effectiveness of Financial Literacy Education
-
Consumer Protection and Financial Literacy: Lessons from Nine Country Studies
-
Is Technology-Enhanced Credit Counseling as Effective as In-Person Delivery?
By John Barron and Michael E. Staten
-
Is Technology-Enhanced Credit Counseling as Effective as In-Person Delivery?
By John Barron and Michael E. Staten