Financial literacy and classroom practices among early childhood and elementary teachers in India and the US

Jayaraman, J. D.; Jambunathan, Saigeetha; Adesanya, Regina

doi:10.1080/03004279.2018.1533030

Cited by 7 publications

(8 citation statements)

References 27 publications

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“…It affects the lives of children when they grow up. Parents and teachers think that the concept of financial literacy is too complicated to teach students in elementary schools (Jayaraman et al, 2019). Parents don't want their children to get too complicated about money too early.…”

Section: Discussionmentioning

confidence: 99%

Early childhood financial literacy: A systematic literature review

Pramitasari,

Siti Syarah,

Risnawati

et al. 2023

Atfaluna

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Financial literacy is important for individuals, society as a whole and contributes to economic growth and development. This systematic literature review aims to provide information regarding the importance of financial literacy for early childhood, financial literacy that early childhood can learn and good practices that have been implemented in stimulating early childhood financial literacy. This research reviews 14 journals from 143 various international journals and proceedings. Research has found that introducing the concept of financial literacy from an early age will encourage healthy financial habits in the future, financial education provides knowledge, skills and confidence, and various media and methods have been developed to stimulate early childhood financial literacy.

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Section: Discussionmentioning

confidence: 99%

Early childhood financial literacy: A systematic literature review

Pramitasari,

Siti Syarah,

Risnawati

et al. 2023

Atfaluna

View full text Add to dashboard Cite

show abstract

“…Which concluded that the best strategy in educating children to manage finance is by using the combination of different strategies, such as giving pocket money, controlling the use of money, and giving advice about savings and budgeting). Some other studies have also been conducted regarding the financial literacy models and financial behaviors (Potrich et al, 2016), (Jayaraman et al, 2019), (Kim et al, 2011). (Babiarz & Robb, 2014) with research title "Financial Literacy and Emergency Saving " Financial literacy level has a significant influence on the status of emergency savings.…”

Section: Role Modelling Habituationmentioning

confidence: 99%

Financial literacy education models for 7-12 years old based on the local wisdom of Sasak tribe

2022

pegegog

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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 study aims to describe and formulate the financial literacy education models based on local wisdom for 7-12 years old in Sasak tribe. This case study applied an exploratory-descriptive qualitative research method. Participants in the study were selected through random sampling and snowball methods, which consisted of 630 families with children aged of 7-12 years old, and 177 children whom fathers and mothers are the Sasak aristocrats' descendants is Suradadi Village of East Lombok West Nusa Tenggara. Data were collected through interview, observation, and documentation techniques and analyzed through content and comparative analyses. Research results indicated five financial literacy education models based on Sasak's local wisdom provided since children are at the age of 7-12 years old. First, incorporating "Itiq" (spending money wisely) behavior to children, second, incorporating "Genem" (persevering in financial management and making financial plans), third, incorporating "Penunah" (appreciating the resources owned) to children, fourth, incorporating "Semaik-maik" (frugality/not using resources excessively, money in particular) to children, and fifth, incorporating "Saling peliwat" (mutual assistance) to children. Various financial literacy education models are implemented by parents of the Sasak tribe with not only one strategy but mixed, such as role modeling, habituation, having dinner together, discussions, direct and indirect advice through Sasak's proverbs.

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“…Karena pendidikan keuangan memiliki dasar yang merupakan bagian dari budaya, keluarga dan masyarakat dan hal ini saling terkait. Misalnya, budaya guru menyiapkan literasi keuangan dengan bervariasi tergantung budayanya (Jayaraman. J.…”

Section: Pendahuluanunclassified

Konseptualisasi Peran Strategis pada Pendidikan Literasi Keuangan Syariah Anak Melalui Pendekatan Systematic Review di TK RA Al-Mu’min Gunung Putri

Nabila

Devi

Indriya

2021

ajeks

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Children have good potential so that they can develop through interaction activities with the surrounding environment. Children can also determine Islamic financial products and services according to their needs, understand the benefits and risks, understand their rights and obligations, and believe that the selected service products can improve children's welfare in accordance with Halal principles and are profitable. Sharia law. Islamic financial literacy, meaning knowledge, skills and beliefs that can influence and improve the quality of financial management decisions to achieve prosperity. with faith, morality, and sharia. This study aims to comprehensively analyze the appropriate role of the relevant parties. The research method conceptually explores the strategic role of various related parties in the development of Islamic financial literacy education among early ages. Sources of information varied with interviews and utilized additional information as logical examination articles, books and applicable reports. The examination is calculated by the systematic review method. Children need Islamic financial literacy education because they need support and direction from each of the four conceptual strategic roles in order to achieve Islamic financial literacy from an early age.

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Financial literacy and classroom practices among early childhood and elementary teachers in India and the US

Cited by 7 publications

References 27 publications

Early childhood financial literacy: A systematic literature review

Early childhood financial literacy: A systematic literature review

Financial literacy education models for 7-12 years old based on the local wisdom of Sasak tribe

Konseptualisasi Peran Strategis pada Pendidikan Literasi Keuangan Syariah Anak Melalui Pendekatan Systematic Review di TK RA Al-Mu’min Gunung Putri

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