The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]

Financial management is one of the vital requirements throughout everyday life, as one develops, the utilization of financial management recurrence would be extraordinarily expanded. Since, financial thinking could be developed, expanding the propensity for financial management and understanding fi...

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Main Authors: Sabri, Mohamad Fazli, Wijekoon, Rusitha, Ramli, Nurhayatul Nira, Moga Dass, Thinagaran
Format: Article
Language:English
Published: Universiti Teknologi Mara Cawangan Pulau Pinang 2019
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/29445/1/29445.pdf
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author Sabri, Mohamad Fazli
Wijekoon, Rusitha
Ramli, Nurhayatul Nira
Moga Dass, Thinagaran
author_facet Sabri, Mohamad Fazli
Wijekoon, Rusitha
Ramli, Nurhayatul Nira
Moga Dass, Thinagaran
author_sort Sabri, Mohamad Fazli
collection UITM
description Financial management is one of the vital requirements throughout everyday life, as one develops, the utilization of financial management recurrence would be extraordinarily expanded. Since, financial thinking could be developed, expanding the propensity for financial management and understanding financial-related awareness at a early age greatly affect encouraging future financial behavior. Hence, in this research the research group incorporated gamification and edutainment in to a tool called Smart Money Kit. The objective behind the inovation of Smart Money Kit is as an alternative financial education tool for parents, teachers and other adults to assist in educating children in personal financial management. The results demonstrated that the Smart Money Kit to be helpful regarding the enhancement of financial knowledge by 59%, positive financial attitudes by 21.9%, and better financial behaviour by 19.3% of the children. Therefore, the majority of the parents, teachers and caretakers agree that Smart Money Kit has guided their children to become financially prudent and 90% of them evidenced a huge difference in their children after being exposed to Smart Money Kit. Hence this kit has been proved to be an effective tool to educate children on financial literacy besides able to develop a positive financial attitudes and better financial behaviour among the children.
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spelling uitm.eprints-94452020-04-09T07:06:29Z https://ir.uitm.edu.my/id/eprint/29445/ The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al] ejssh Sabri, Mohamad Fazli Wijekoon, Rusitha Ramli, Nurhayatul Nira Moga Dass, Thinagaran Personal finance. Financial literacy Malaysia Study and teaching. Research Financial management is one of the vital requirements throughout everyday life, as one develops, the utilization of financial management recurrence would be extraordinarily expanded. Since, financial thinking could be developed, expanding the propensity for financial management and understanding financial-related awareness at a early age greatly affect encouraging future financial behavior. Hence, in this research the research group incorporated gamification and edutainment in to a tool called Smart Money Kit. The objective behind the inovation of Smart Money Kit is as an alternative financial education tool for parents, teachers and other adults to assist in educating children in personal financial management. The results demonstrated that the Smart Money Kit to be helpful regarding the enhancement of financial knowledge by 59%, positive financial attitudes by 21.9%, and better financial behaviour by 19.3% of the children. Therefore, the majority of the parents, teachers and caretakers agree that Smart Money Kit has guided their children to become financially prudent and 90% of them evidenced a huge difference in their children after being exposed to Smart Money Kit. Hence this kit has been proved to be an effective tool to educate children on financial literacy besides able to develop a positive financial attitudes and better financial behaviour among the children. Universiti Teknologi Mara Cawangan Pulau Pinang 2019-11 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/29445/1/29445.pdf The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]. (2019) ESTEEM Journal of Social Sciences and Humanities <https://ir.uitm.edu.my/view/publication/ESTEEM_Journal_of_Social_Sciences_and_Humanities/>, 3. pp. 48-59. ISSN 2600-7274 https://ejssh.uitm.edu.my/
spellingShingle Personal finance. Financial literacy
Malaysia
Study and teaching. Research
Sabri, Mohamad Fazli
Wijekoon, Rusitha
Ramli, Nurhayatul Nira
Moga Dass, Thinagaran
The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]
title The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]
title_full The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]
title_fullStr The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]
title_full_unstemmed The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]
title_short The impact of Smart Money Kit on children’s financial knowledge, attitude and behavior / Mohamad Fazli Sabri... [et al]
title_sort impact of smart money kit on children s financial knowledge attitude and behavior mohamad fazli sabri et al
topic Personal finance. Financial literacy
Malaysia
Study and teaching. Research
url https://ir.uitm.edu.my/id/eprint/29445/1/29445.pdf
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