UPSI Digital Repository (UDRep)
Start | FAQ | About

QR Code Link :

Type :thesis
Subject :HG Finance
Main Author :Curugan, April Ann M
Title :Development and implementation of kwartalino financial education program and its effect on kindergarten learners
Place of Production :Tanjong Malim
Publisher :Pusat Penyelidikan Perkembangan Kanak-kanak Negara
Year of Publication :2019
Notes :with CD\r\nPAKK
Corporate Name :Universiti Pendidikan Sultan Idris
PDF Guest :Click to view PDF file
PDF Full Text :Login required to access this item.

Abstract : Universiti Pendidikan Sultan Idris
The purpose of this study was to develop and implement a financial education program and determine its effect on kindergartens’ financial literacy. Development of the Kwartalino Financial Education Program involved adaptation of the ADDIE model. Purposive sampling was used in the first phase of the program development and consisted of six kindergarten teachers and five experts. Interview with teachers revealed essential components of the program like appropriate learning activities, relevant instructional materials, and active parent involvement. Data from comparative analysis and financial education standards checklist show appropriate financial lessons for kindergarten children. Experts confirmed the program’s content validity. In the second phase to determine the effect of the Kwartalino program on kindergarten’s financial knowledge, a quasi-experimental with experimental group (n=38) and control group (n=36) with pre-and post-test design. Simple random sampling was employed to determine two kindergarten classes (n=74) from eight morning classes (N=304) in a public school. A 40-item financial knowledge test was developed and used for pre-tests and post-tests. Kwartalino was implemented for three months. Result of the independent sample t-test shows that there was a significant difference between the means of the post-tests of the experimental group (M=30.71; SD=2.94) and the control group (M=26.17; SD=3.39); t(72)=6.17, p

References

Abbott, J. (2011). Constructivism as Learning Theory.

 

AIG (2015). AIG Conducts its First Junior Achievement Program to Local First Graders. Retrieved from http://www.aig.com.ph/corporate-social- responsibility/aig-conducts-its-first-junior-achievement-program-to-local-first- graders

 

Aiken, L. R. (1985). Three coefficients for analyzing the reliability and validity of ratings. Educational and Psychological Measurement, (45), 131–142. Retrieved from: https://doi.org/0803973233

 

Akers, R. L., & Sellers, C. S. (2011). Social Learning Theory. The Oxford Handbook of Juvenile Crime and Juvenile Justice. Retrieved from: https://doi.org/10.1093/oxfordhb/9780195385106.013.0014

 

Albina, A. T., & Patron, P. D. (2015). Effects of financial literacy integration on the saving attitude of pupils. Prism, 20(1), 11–20.

 

Aldoobie, N. (2015). ADDIE Model Analysis phase. American International Journal of Contemporary Research, 5(6), 68–72. Retrieved from: https://doi.org/10.13140/2.1.4687.6169

 

Ali, P., Anderson, M., McRae, C., & Ramsay, I. (2016). The financial literacy of young people: Socio-economic status, language background, and the rural-urban chasm. Australian and International Journal of Rural Education, 26 (1), pp. 54–66

 

Allen, W. (2006). Overview and evolution of the ADDIE training system. Advances in Developing Human Resources. 8 (4). 430-441

 

Almalki, S. (2016). Integrating Quantitative and Qualitative data in Mixed methods research—challenges and benefits. Journal of Education and Learning, 5(3),

288. https://doi.org/10.5539/jel.v5n3p288

 

Almendarez, L. (2013). Human Capital Theory: Implications for Educational Development in Belize and the Caribbean. Caribbean Quarterly. 59 (3-4). 21-

33. DOI: 10.1080/00086495.2013.11672495

 

Álvarez, A.B.V. & Gonzalez, J.R.V. (2017). Financial literacy: Gaps found between Mexican public and private, middle, and high-school students. (Chapter 5) In

M.S. Ramírez-Montoya, Handbook of Research on Driving STEM Learning with Educational Technologies, (pp.590). DOI: 10.4018/978-1-5225-2026-9

 

Amagir, A., Groot, W., Maassen van den Brink, H., & Wilschut, A. (2017). A review of financial-literacy education programs for children and adolescents. Citizenship, Social and Economics Education, 204717341771955. Retrieved from: https://doi.org/10.1177/2047173417719555

 

American  Malaysian  Chamber  of Commerce.  (2017).  Cha-Ching  Curriculum.

Retrieved from: https://amcham.com.my/2017/09/28/cha-ching-curriculum/

 

Armstrong, K. H., Ogg, J. A., Sundman-Wheat, A. N., & Walsh, A. S. J. (2014). Early Childhood Development Theories. In Evidence-Based Interventions for Children with Challenging Behavior (pp. 1–230). Springer Science+Business Media New York. https://doi.org/10.1007/978-1-4614-7807-2

 

Aron, A., Coups, E.J., Aron, E.N. (2011). Statistics for the Behavioral and Social Sciences: A Brief Course (5th Ed). New Jersey: Pearson Education, Inc.

 

Asia-Pacific Economic Cooperation. (2014). APEC Guidebook on Financial and Economic Literacy in Basic Education. (p.162).

 

Australian Security and Investment Commission. (2003). Financial literacy in schools.

 

Australian Securities & Investment Commission.

 

Bamrara, A., & Chauhan, P. (2018). Applying ADDIE Model to evaluate faculty development programs. International Journal of Smart Education and Urban Society, 9(2), 25–38. Retrieved from: https://doi.org/10.4018/ijseus.2018040103

 

Bangko Sentral ng Pilipinas (n.d.). The BSP Economic and Financial Learning Program (BSP-EFLP). Retrieved from: BSP Website: www.bsp.gov.ph/about/advocacies_eflp.asp

 

Bangko Sentral ng Pilipinas Corporate Office. (n.d.). Bangko Sentral ng Pilipinas Advocacy Briefs. Bangko Sentral ng Pilipinas.

 

BattelleforKids. (n.d.). Framework for 21st Century Learning. Retrieved from http://www.battelleforkids.org/networks/p21/frameworks-resources

 

Batty, M., Collins, J. M., & Odders-White, E. (2015). Experimental evidence on the effects of financial education on elementary school students’ knowledge, behavior, and attitudes. Journal of Consumer Affairs. Retrieved from: https://doi.org/10.1111/joca.12058

 

Bekhet, A. K., & Zauszniewski, J. A. (2012). Methodological Triangulation : An approach to understanding data. Nurse Researcher, 20(2), 40–43.

 

Bendavid-Hadar, I., & Hadad, Y. (2013). Financial education for children: The Israeli case. Citizenship, Social and Economics Education, 12(1), 48–57. Retrieved from: https://doi.org/10.2304/csee.2013.12.1.48

 

Berry, J., Karlan, D., Pradhan, M., Freymiller, H., Tourek, G., Damanka, C., … Brinton,C. (2014). The Impact of Financial Education for Youth in Ghana, (August), 1–

29. Retrieved from: https://doi.org/10.3386/w21068

 

Berti, A. E., & Bombi, A. S. (1988). The child’s construction of economics (G. Duveen, Trans.). Cambridge: Cambridge University Press.

 

Billimoria, J., Penner, J., & Knoote, F. (2013). Developing the next generation of economic citizens: financial inclusion and education for children and youth. Enterprise Development and Microfinance. 24(3), 204-217.

 

Birbili, M., & Kontopoulou, M. (2015). Financial education for preschoolers: Preparing young children for the 21st century. Childhood Education, 91(1), 46–53. Retrieved from: https://doi.org/10.1080/00094056.2015.1001670

 

Bolaños, A. B. (2012). Key determinants in building financial capability among middle schoolers with a school-based financial literacy education program. (Unpublished Doctorate Thesis). Southern New Hampshire University. New Hampshire, USA.

 

Breitbard, S. (2003). Jump-Starting Financial Literacy: CPAs can dd the spark. Retrieved from:

https://www.journalofaccountancy.com/issues/2003/dec/jumpstartingfinanciall iteracy.html

 

Brimble, M., & Blue, L. (2015). A holistic approach to financial literacy education.

ACRN Journal of Finance and Risk Perspectives, 4(3), 34–47.

 

Brook, R. (2014). Using the ADDIE Model to create an online strength training program: An exploration (Unpublished Doctorate Thesis). Virginia Polytechnic Institute and State University. Virginia, USA.

Building an Effective Financial Literacy Program. (n.d.). Retrieved from: https://webcache.googleusercontent.com/search?q=cache:YjvbKlZXa6wJ:http s://dpi.wi.gov/sites/default/files/imce/cte/pdf/pflchap1.pdf+

 

Burdick, C. L. (2014). The merits, limitations, and modifications of applying Bandura’s Social Learning Theory to understanding African American children’s exposure to violence. American International Journal of Social Science, 3(5), 183. Retrieved from: www.aijssnet.com

 

Carter, N., Bryant-Lukosius, D., Blythe, J., Neville, A. J., & DiCenso, A. (2014). The Use of Triangulation in Qualitative Research. Oncology Nursing Forum, 41(5), 545–547. Retrieved from:https://doi.org/10.1188/14.onf.545-547

 

Cheung, L. (2016). Using the ADDIE Model of instructional design to teach chest radiograph interpretation. Journal of Biomedical Education, 2016, 1–6. Retrieved from: https://doi.org/10.1155/2016/9502572

 

Child and Youth Finance International (2012). Children and Youth as economic Citizens: Review of research on financial capability, financial inclusion, and financial education. Research Working Group Report. Amsterdam: CYFI. Retrieved from https://csd.wustl.edu/Publications/Documents/RR13-02.pdf

 

Child and Youth Finance International [CYFI] (2016). Training Course on: Fostering National Financial Education Strategies. Podgorica: CYFI and GIZ.

 

Chowa, G. A. N., Despard, M., & Osei-Akoto, I. (2012). Financial knowledge and attitudes of youth in Ghana (YouthSave Research Brief 12-37). St. Louis, MO: Washington University, Center for Social Development.

 

Ci Research. (2012). Impact Review of Financial Education for Young People: A Summary Report for the Money Advice Service.

 

Clado, J. (2016). The Use of Money-Themed Gameplay in Developing Students’ Knowledge and Attitude in Money-Management (Unpublished Masteral Thesis). Philippine Normal University. Manila, Philippines.

 

Clark, S. (2010). Jerome Bruner: Teaching, learning and the spiral curriculum.

Community and Thought in Education. 1-3

 

Click4it. (2014). ADDIE Model. Retrieved from: http://www.click4it.org/index.php/A.D.D.I.E_Model

 

Collins, J. M., & Odders-White, E. (2015). A framework for developing and testing financial capability education programs targeted to elementary schools. Journal of Economic Education, 46(1), 105–120. Retrieved from: https://doi.org/10.1080/00220485.2014.976325

 

Council for Economic Education. (n.d.). Financial Fitness for Life: Personal Finance Lessons for Grades K-12. Retrieved from Council for Economic Education Website: http://fffl.councilforeconed.org/

 

Credit Union National Association. (2005). Thrive by FiveTM: Teaching your preschooler about spending and saving. Retrieved from: Extension.org Website http://articles.extension.org/pages/9604/thrive-by-five

 

Creswell, J. (2012). Educational Research: Planning, conducting, and evaluating quantitative and qualitative research. (4th ed.). Pearson Education, Inc.

 

Creswell, J. (2013). Research Design: Qualitative, Quantitative, and Mixed methods approaches. (4th ed.). California: Sage Publication.

 

Creswell, J. (2014). Research Design: Qualitative, Quantitative, and Mixed method approaches. (4th ed.). Sage Publications, Inc.

 

Crocker, R. (2006). Human Capital Development and Education. Canadian Policy Research Networks.

 

Cu, R. (2017). Financial literacy of young Pinoys to help strengthen PHL economy. BusinessMirror. Retrieved from: https://businessmirror.com.ph/2017/08/13/financial-literacy-of-young-pinoys- to-help-strengthen-phl-economy/

 

Danes, S. M. (1994). Parental perceptions of children’s financial socialization. Journal of Financial Counseling and Planning, 5, 127–149.

 

Danes, S. M., & Dunrud, T. (2014). Children and money: Teaching children money habits for life. University of Minnesota Extension, 1–7.

 

De Clercq, B. (2009). Do our children know anything about money? An exploratory study. Meditari Accountancy Research, 17(1), 1–1 3. Retrieved from: https://doi.org/10.1108/10222529200900001

 

Delavin, I. C. (2016). PHL financial literacy score, ranking decline. Retrieved from: http://www.bworldonline.com/content.php?id=129367

 

Delgadillo, L. M. (2014). Financial Clarity: Education, literacy, capability, counseling, planning, and coaching. Family and Consumer Sciences Research Journal, 43(1), 18–28. https://doi.org/10.1111/fcsr.12078

 

Department for Education and Employment. (2000). Financial Capability through Personal Financial Education.

 

Department of Education. DepEd Memorandum No. 110, s. 2017. Technical Working Group on the Financial Literacy Program in Basic Education. Retrieved from: http://www.deped.gov.ph/2017/06/19/june-19-2017-dm-110-s-2017-technical- working-group-on-the-financial-literacy-program-in-basic-education/

 

Dias, A., Oliveira, A., Pereira, C., Abreu, M. T., Alves, P., Basto, R., . . . Narciso, S. (n.d.). Core competencies for financial education in kindergarten, basic education, secondary education and adult learning and training. Ministry of Education and Science. Retrieved from: https://www.todoscontam.pt/sites/default/files/SiteCollectionDocuments/Core CompetenciesFinancialEducation.pdf

 

Dones, P. (2016). DepEd initiates financial literacy lessons in senior high – Kicker Daily News. Retrieved from: http://kickerdaily.com/posts/2016/06/deped- initiates-financial-literacy-lessons-in-senior-high/

 

Doolittle, P. (2001). Learning Theory. Virginia Polytechnic Institute & State University.

 

Dousay, T. & Logan, R. (2010). Analyzing and evaluating the phases of ADDIE.

Design & Development Research Conference. 32-43.

 

eCompareMo. (2015). What Is Financial Literacy and Why Is It Important to Filipinos? eCompareMo. Retrieved from: https://www.ecomparemo.com/info/introduction-to-financial-literacy-and-its- importance-to-filipinos/

 

Edinyang, S. D. (2016). The Significance of Social Learning Theories in the Teaching og Social Studies Education. International Journal of Sociology and Anthropology Redearch, 2(1), 40–45.

 

Eyyam, R., Doğruer, N. & Meneviş, İ. (2017). Chapter 4: Social Learning Theory (Social Cognitive Theory) Learning and Teaching: Theories, Approaches and Models. 47-59.

 

Fabris, N., & Luburić, R. (2016). Financial education of children and youth. Journal of Central Banking Theory and Practice, 5(2), 65–79. Retrieved from: https://doi.org/10.1515/jcbtp-2016-0011

 

Fall, K. A., Holden, J. M., & Marquis, A. (2018). Constructivist Approaches. Theoretical Models of Counseling and Psychotherapy, 363–402. https://doi.org/10.4324/9781315733531-12

 

Fausto, R. [ANC]. (2012, September 12). Teaching Kids About Money. Interview. [Video File]. Retrieved from: https://www.youtube.com/watch?v=- RMi9D_88hg&feature=youtu.be

 

Federal Deposit Insurance Corporation. (n.d.). FDIC Money Smart. Retrieved from: FDIC Website:

https://www.fdic.gov/consumers/education/torc/curriculumtools.html

 

Financial Literacy and Education Commission. (2006). Taking Ownership of the Future. Financial Literacy & Education Commission. Retrieved from: https://www.treasury.gov/about/organizational-structure/offices/Domestic- Finance/Documents/Strategyeng.pdf

 

Fox, J., Bartholomae, S., & Lee, J. (2005). Building the case for financial education. Journal of Consumer Affairs, 39(1), 195–214. Retrieved from: https://doi.org/10.1111/j.1745-6606.2005.00009.x

 

Friedline, T. (2015). A developmental perspective on children’s economic agency.

Journal of Consumer Affairs, 49(1), 39–68.

 

Fugar, F.D.K., Ashiboe-Mensah, N.A., & Adinyira, E. (2013). Human Capital Theory: Implications for the Ghanaian construction industry development. Journal of Construction Project Management and Innovation. 3 (1). 464-479.

 

Gatt, S., & Vella, Y. (2003). Constructivism : An Effective Theory of Learning. In

Constructivist Teaching in Primary School. Agenda Publishers. 1–22.

 

Gold, L. A. (2016). Teachers’ perceptions regarding financial literacy in kindergarten through grade 2. Ohio University (Unpublished Doctorate Thesis). Ohio, USA. Retrieved from:

https://etd.ohiolink.edu/!etd.send_file?accession=ohiou1470600168&dispositi on=inline

 

Goldin, (2014). Human Capital. Handbook of Cliometrics. 1-40.

 

Greenspan, A. (2002). Financial Literacy: A tool for economic progress. The Futurist, 37–41.

 

Grody, A. D., Grody, D., Kromann, E., & Sutliff, J. (2008). A financial literacy and financial services program for Elementary School Grades - Results of a Pilot Study. Erin and Sutliff, Jim, A Financial Literacy and Financial Services Program for Elementary School Grades-Results of a Pilot Study, 1–31. Retrieved from: https://doi.org/dx.doi.org/10.2139/ssrn.1132388

 

Gudmunson, C. G., & Danes, S. M. (2011). Family financial socialization: Theory and critical review. Journal of Family and Economic Issues, 32(4), 644–667. Retrieved from: https://doi.org/10.1007/s10834-011-9275-y

 

Guion, L., Diehl, D., & McDonald, D. (n.d.). Triangulation: Establishing the validity of Qualitative studies.

 

Hagedorn, E. A., Schug, M. C., & Suiter, M. (2012). Starting early: A collaborative approach to financial literacy in the Chicago Public Schools. Journal of Economics and Finance Education, 11(2), 1–9.

 

Hall, N. N. (2012). Youth, financial literacy, and learning: The role of in-school financial education in building financial literacy. Research Brief. Retrieved from: https://centerforfinancialsecurity.files.wordpress.com/2012/05/2012- youth-financial-literacy-and-learning.pdf

 

Hastings, J. S., Madrian, B. C., & Skimmyhorn, W. L. (2012). Financial literacy, financial education and economic outcomes (No. 18142). National Bureau of Economic Research Working Paper 18412. Massachusetts. Retrieved from: https://doi.org/10.1146/annurev-economics-082312-125807.NBER

 

Heale, R., & Forbes, D. (2013). Understanding triangulation in research. Evidence Based Nursing, 16(4), 98–98. Retrieved from: https://doi.org/10.1136/eb-2013- 101494

 

Health Communication Capacity Collaborative. (1999). Social learning theory: An HC3 Primer. 106-163.

 

Heymans, L. & Verbrugge, M. (2014). An analysis of personal financial literacy among students in Flanders. University of Ghent. (Unpublished Masteral Thesis). Ghent, Belgium.

 

Hilgert M., & Hogarth, J. (2003). Household financial management: The connection between knowledge and behavior. Federal Reserve Bulletin. (309-322).

 

Holden, K., Kalish, C., Scheinholtz, L., Dietrich, D., & Novak, B. (2009). Financial literacy programs targeted on pre-school children: Development and evaluation. Credit Union National Association, (August), 1–52. Retrieved from: http://fyi.uwex.edu/financialseries/files/2013/10/CUNA-Report-full-draft.pdf

 

Howe, K. (1988). Against the quantitative-qualitative incompatibility thesis, or, dogmas die hard. Educational Researcher, 17, 10-16.

 

Huston, S. (2010). Measuring financial literacy. The Journal of Consumer Affairs. (296- 316)

 

JA Asia Pacific. (n.d.). Cha Ching Curriculum. Retrieved from: https://www.jaasiapacific.org/prog---ccp

 

JA Philippines. (n.d.). About Junior Achievement. Retrieved from: JA Philippines Website: http://japionline.org/home/about/

 

Jack, E. P., & Raturi, A. S. (2006). Lessons learned from methodological triangulation in management research. Management Research News, 29(6), 345–357. Retrieved from: https://doi.org/10.1108/01409170610683833

 

Jermolajeva, E. & Znotiņa, D. (2008). Investments in the Human Capital for Sustainable Development of Latvia.

 

Jogulu, U. D., & Pansiri, J. (2011). Mixed methods: A research design for management doctoral dissertations. Management Research Review, 34(6), 687–701. Retrieved from: https://doi.org/10.1108/01409171111136211

 

Johnson, C. A. M. (2009). Consumer economics and family resources; importance of financial literacy. Journal of Family Consumer Sciences Education. 27(4)

 

Johnson, R.B., & Christensen, L. (2014). Educational research: Quantitative, qualitative, and mixed method. 5th ed. California: Sage Publication.

 

Johnston, D. (2005), Importance of financial literacy in the global economy. Kuala Lumpur: Financial Education Summit.

 

Jorgensen, B. (2007). Financial literacy of college students: Parental and peer influences. Virginia Polytechnic Institute and State University (Unpublished Thesis). Virginia, USA. Retrieved from: http://hdl.handle.net/10216/70103

 

Jump$tart. (2010). Best Practices for Personal Finance Education Materials. Retrieved from: https://3yxm0a3wfgvh5wbo7lvyyl13-wpengine.netdna-ssl.com/wp- content/uploads/2018/01/2010_J-BestPracticesMaterials.pdf

 

Jump$tart. (2015). National Standards in K–12 Personal Finance Education. Personal Finance (4th Edition). Washington, DC: Jump$tart Coalition for Personal Financial Literacy. Retrieved from: http://www.jumpstart.org/

 

Junior Achievement. (2009). Financial literacy: Foundation for success - A global perspective. Junior Achievement.

 

Junior Achievement USA. (2015). JA Ourselves Program Brief. Retrieved from: https://www.juniorachievement.org/documents/20009/4537608/JA+Ourselves

+Program+Brief.pdf/2ad143d6-873b-437d-b152-852a8011df6b

 

Kalwij, A. S., Alessie, R., Dinkova, M., Schonewille, G., Schors, A. V. D., & Werf, M.

V. D. (2017). The effects of financial education on financial literacy and savings behavior Evidence from a controlled field experiment in Dutch primary schools. Discussion Paper Series 17-05.

 

Kathryn, A., Hess, N., & Greer, K. (2016). Designing for engagement: Using the ADDIE Model to integrate high-impact practices into an online information literacy course. Communications in Information Literacy, 10(2), 264–282. Retrieved from: https://doi.org/10.15760/comminfolit.2016.10.2.27

 

Kearsley, G. (2003). Explorations in learning & Instruction: The theory into practice database. Choice Reviews Online.

 

Kefela, G. (2011). Implications of financial literacy in developing countries. African Journal of Business Management, 5(9), 3699–3705. Retrieved from: https://doi.org/10.5897/AJBM09.297

 

Keya Rani Das, K. R., & Rahmatullah Imon, A. H. M. (2016). A brief review of tests for normality. American Journal of Theoretical and Applied Statistics, 5(1), 5–

12. Retrieved from: https://doi.org/10.11648/j.ajtas.20160501.12

 

Kezar, A., & Yang, H. (2010). The importance of financial literacy. About Campus, 14(6), 15–21. Retrieved from: https://doi.org/10.1002/abc.20004

 

Kiyosaki, R. T., & Lechter, S. L. (1998). Rich dad, poor dad: What the rich teach their kids about money that the poor and middle class do not!. Paradise Valley, Ariz: TechPress.

 

Klapper, L., Lusardi, A., & van Oudheusden, P. (2015). Financial literacy around the world: insights from the standard & poor’s ratings services global financial literacy survey. standard & poor’s ratings services global finlit survey. Retrieved from: https://doi.org/10.1017/S1474747211000448

 

Knoote, F.L., Partington, G., & Penner J. (2016). Children and youth as economic citizens: working towards an integrated financial education approach. Chapter

14. In C. Aprea, E. Wuttke, & P.D.B. Greimel-Fuhrmann. (2016). International Handbook of Financial Literacy. International Handbook of Financial Literacy. Springer. Retrieved from: https://doi.org/10.1007/978-981-10-0360-8

 

Koh, N. (2016). Approaches to teaching financial literacy: Evidence-based practices. Chapter 32. pp. 498-513. In C. Aprea, E. Wuttke, & P.D.B. Greimel-Fuhrmann. (2016). International Handbook of Financial Literacy. International Handbook of Financial Literacy. Springer. Retrieved from: https://doi.org/10.1007/978- 981-10-0360-8

 

Koh, N. K., & Lee, C. B. (2010). “Because my parents say so” - Children’s monetary decision making. Procedia - Social and Behavioral Sciences, 9(September), 48–

52. Retrieved from: https://doi.org/10.1016/j.sbspro.2010.12.114

 

Kolodziej, S., Lato, K., & Szymańska, M. (2014). The role of parental influences on the economic socialization of children, 58. Retrieved from: http://oaji.net/articles/2014/457-1420361444.pdf

 

Kourilsky, M. (1977). The Kinder-Economy: A case study of kindergarten pupils’ acquisition of economic concepts. The Elementary School Journal, 77(3), 182–

191. Retrieved from: https://doi.org/10.1086/461045

 

Kozina, F. L., Perčič, T., &, & Koch, V. (2011). Critical Point in financial learning process of primary school children in Slovenia problems. Problems of Education in the 21st Century, 30, 35–46.

 

Landis, J. R., & Koch, G. G. (1977). The measurement of observer agreement for categorical data. Biometrics, 33(1), 159–174. Retrieved from: https://doi.org/10.2307/2529310

 

Lau, S. B. Y., Lee, C., Balakrishnan, B., Song, H. S. Y., Ling, S. W., & Ooi, C.-P. (2010). Financial education for urban youth: The first step to poverty eradication.

 

Leiser, D., Sevon, G. and Levy, D. (1990). Children’s economic socialization: summarizing the cross-cultural comparison of ten countries. Journal of Economic Psychology. 11, 591-614.

 

Leyco, C. (2017). Financial inclusion needed to get unbanked Filipinos -Dominguez. Retrieved from: https://business.mb.com.ph/2017/11/24/financial-inclusion- needed-to-get-unbanked-filipinos-dominguez/

 

Lichtman, M. (2013). Qualitative Research in Education: A User’s Guide (3rd Ed.) California: Sage Publications, Inc.

 

Loke, V., Choi, L., & Libby, M. (2015). Increasing youth financial capability: An evaluation of the MyPath savings initiative. Journal of Consumer Affairs, 49(1), 97–126. Retrieved from: https://doi.org/10.1111/joca.12066

 

Louren. (2017). Financial Literacy Philippines – Awareness 101. Retrieved from: https://powerpinoys.com/financial-literacy-philippines-awareness/

 

Lowenthal, P., & Muth, R. (2008). Constructivism. In Encyclopedia of the Social and Cultural Foundations of Education. Sage.

 

Lucey, T. A. (2002). The Personal Financial Literacy of Fourth Grade Students.

University of Memphis (Unpublished Masteral Thesis). Tennessee, USA

 

Lührmann, M., Serra-Garcia, M., & Winter, J. (2015). Teaching teenagers in finance: Does it work? Journal of Banking & Finance, 54(54), 160–174. Retrieved from: https://doi.org/10.1016/j.jbankfin.2014.11.009

 

Lusardi, A. (2008). Financial Literacy: An essential tool for informed consumer choice? Journal of Chemical Information and Modeling, 29. Retrieved from: https://doi.org/10.1017/CBO9781107415324.004

 

Lusardi A. (2011). Survey of the States: economic and personal finance education in our nation’s schools. Rep., Council Econ. Educ., New York

 

Lusardi, A. (2012). Numeracy, financial literacy, and financial decision-making.

National Bureau of Economic Research. Retrieved from: https://doi.org/10.3386/w17821

 

Lusardi, A., Mitchell, O. S., & Curto, V. (2010). Financial literacy among the young. Journal of Consumer Affairs, 44(2), 358–380. Retrieved from: https://doi.org/10.1111/j.1745-6606.2010.01173.x

 

Lutz, S. T., & Huitt, W. G. (2004). Connecting cognitive development and constructivism: Implication from theory for instructiona and assessment.

 

Mandell, L. (2008). The Financial Literacy of Young American Adults: Results of the 2008 National Jump$tart Coalition Survey of High School Seniors and College Students. Washington, DC.

 

Mandell, L. (2009a). Starting Younger: Evidence Supporting the Effectiveness of Personal Financial Education for Pre-High School Students.

 

Mandell, L. (2009b). Two Cheers for School-Based Financial Education. Aspen Institute, 12. Retrieved from http://eric.ed.gov/ERICWebPortal/recordDetail?accno=ED508223

 

Mason, C. L. J., & Wilson, R. M. S. (2000). Conceptualizing financial literacy. Occasional Paper Loughborough: Business School. Retrieved from: https://dspace.lboro.ac.uk/2134/2016

 

MasterCard Financial Literacy Index Report 2014. (2015). Retrieved from: https://www1.mastercard.com/content/intelligence/en/research/reports/2015/m astercard-financial-literacy-index-report-2014h1.html

 

McCormick, M. H. (2009). The Effectiveness of youth financial education: A review of the literature. Journal of Financial Counseling and Planning, 20, 70–84. Retrieved from: https://doi.org/10.177/0013124506286942

 

McLeod, S. (2016). Social Learning Theory. Retrieved from: https://www.simplypsychology.org/bandura.html

 

Merriam, S.B. (2009). Qualitative Research: A Guide to Design and Implementation.

California: Jossey-Bass

 

Mertens, D. (2015). Research and evaluation in education and psychology: Integrating diversity with quantitative, qualitative, and mixed methods. 4th ed. Sage Publications, Inc.

 

Messy, F., & C. Monticone (2016), Financial Education Policies in Asia and the Pacific. OECD Working Papers on Finance, Insurance and Private Pensions. No. 40, OECD Publishing, Paris. Retrieved from: http://dx.doi.org/10.1787/5jm5b32v5vvc-en

 

Meszaros, B., Suiter, M.S., & Yetter, E.A. (2015) Kiddynomics: An Economics Curriculum for Young Learners. Federal Reserve Bank of St. Louis. Retrieved from: https://www.stlouisfed.org/~/media/Education/Curriculum/pdf/Kiddynomics- Curriculum-Unit.pdf?la=en

 

Miller, M., Godfrey, N., Levesque, B., & Stark, E. (2009). The case for financial literacy in developing countries: Promoting access to finance by empowering consumers. The International Bank for Reconstruction and Development/The World Bank.

 

Milton, R. (2001). A Mixed-methods study to understand the perceptions of high school leaders about ELL Students: The case of Mathematics. Friends and enemies in organizations: A work psychology perspective. California State University. Retrieved from: https://doi.org/10.1057/9780230248359

 

Moghalu, K. (2013). The Human Capital Dimension of Economic Transformation. 1- 16.

 

Molenda (2003). In Search of the Elusive ADDIE Model. Process Studies. 31 (2). 51- 63.

 

Moneygirl. (2016). 7 Money Habits That Are Making Filipinos Broke. Retrieved from http://www.moneygirlphilippines.com/7-money-habits-making-filipinos- broke/

 

Montecillo, P. (2015, December 3). PH among least financially literate | Inquirer Business. Retrieved from: http://business.inquirer.net/203559/ph-among-least- financially-literate

 

Muruganantham, G. (2015). Developing of E-content package by using ADDIE model. International Journal of Applied Research, 1(3).52.52-54. Retrieved from: http://www.allresearchjournal.com/vol1issue3/PartB/pdf/67.1.pdf

 

Na, L. (2012). An introduction on Gary Becker’s “Human Capital Theories”. In: ZhuM. (eds) Business, Economics, Financial Sciences, and Management. Advances in Intelligent and Soft Computing. 143. Springer, Berlin, Heidelberg.

 

Nabavi, R. (2012). Bandura's Social Learning Theory & Social Cognitive Learning Theory. 1-24.

 

National Financial Educators’ Council. (n.d.) The Importance of Financial Literacy for Kids. Retrieved from: https://www.financialeducatorscouncil.org/financial- literacy-for-kids/

 

National Financial Educator’s Council. (n.d.). PK to 2nd Grade: Big ideas, essential questions, & content standards for ages 3 to 7. Retrieved from: https://www.financialeducatorscouncil.org/financial-literacy-framework- standards/pk-2nd/

 

Naylor, S. & Keogh, B. (1999). Constructivism in classroom: Theory into practice.

Journal of Science Teacher Education, 10, 93-106.

 

Negosentro (2015). Six Worst Spending Habits of Filipinos. Retrieved from https://negosentro.com/6-worst-spending-habits-of-filipinos/

 

Nesbitt, C. (2013). Bandura, the theory of social learning and education. Retrieved from: https://christophernesbitt.wordpress.com/2013/02/07/bandura-the- theory-of-social-learning-and-education/

 

Onyinyechi, O.S. & Joseph, A.O. (n.d.). The emerging myths and realities of human resources and capital development in Nigeria. 1st International Technology, Education and Environment Conference. 284-292.

 

Opoku, A. (2015). Financial literacy among Senior High School Students: Evidence from Ghana. Kwame Nkrumah University of Science and Technology (Unpublished Masteral Thesis). Ashanti, Ghana.

 

Organization for Economic Cooperation and Development. (n.d.a). Financial education and youth. Retrieved from: OECD Website: http://www.oecd.org/daf/fin/financial-education/financial-education-and- youth.htm

 

Organization for Economic Cooperation and Development. (n.d.b) Financial education and youth. Retrieved from: OECD Website: http://www.oecd.org/daf/fin/financial-education/financial-education-and- youth.htm

 

Organization for Economic Cooperation and Development. (2001). The well-being of nations the role of human and social capital the role of human and social capital: Executive summary.

 

Organization for Economic Cooperation and Development. (2005). Recommendation on principles and good practices for financial education and awareness. Retrieved from: http://www.oecd.org/finance/financial-ducation/35108560.pdf

 

Organization for Economic Cooperation and Development. (2006). The importance of financial education. Policy Brief. Retrieved from: http://www.oecd.org/finance/financial-education/37087833.pdf

 

Organization for Economic Cooperation and Development. (2008). OECD-US Treasury International Conference on Financial Education. In Taking financial literacy to the next level: Important challenges and promising solutions. I. 216.

 

Organization for Economic Cooperation and Development. (2012). Financial education in schools, 1–8.

 

Organization for Economic Cooperation and Development. (2014). PISA 2012 Results: Students and money: Financial literacy skills for the 21st century (Vol. 6). Retrieved from: https://doi.org/http://dx.doi.org/10.1787/9789264208094-en

 

Organization for Economic Cooperation and Development. (2016). PISA 2015: Results in focus. Pisa 2015, (67), 16. Retrieved from: https://doi.org/10.1787/9789264266490-en

 

Organization for Economic Cooperation and Development - International Network of Finance Education. (2012). High-level principles on national strategies for financial education. organization for economic co-operation and development. OECD. Retrieved from: http://www.oecd.org/finance/financialeducation/OECD_INFE_High_Level_Pr inciples_National_Strategies_Financial_Education_APEC.pdf

 

Organization for Economic Cooperation and Development - International Network of Finance Education. (2013). Evaluating financial education programmes: OECD

/ INFE Stocktake and Framework, 46.

 

Otter, D. (2011). Teaching financial literacy in K-12 schools: A survey of teacher beliefs and knowledge. The University of New Mexico (Unpublished Doctorate Thesis). California, USA. Retrieved from: http://search.ebscohost.com/login.aspx?direct=true&AuthType=ip,url,cookie,u id&db=psyh&AN=2011-99030-197&site=ehost-live&scope=site

 

Pacific Policy Research Center. (2010). 21st Century Skills for Students and Teachers.

Honolulu: Kamehameha Schools, Research & Evaluation Division.

 

Pang, M. (2016). Enhancing the financial literacy of young people: A conceptual approach based on the variation theory of learning. Chapter 37. In C. Aprea, E. Wuttke, & P.D.B. Greimel-Fuhrmann. (2016). International Handbook of Financial Literacy. International Handbook of Financial Literacy. Springer. Retrieved from: https://doi.org/10.1007/978-981-10-0360-8

 

Pantig, R. (2013). The effect of ranking tasks on student’s understanding of electric circuits. (Unpublished Masteral Thesis). Philippine Normal University. Manila, Philippines.

 

Patton, M.Q. (1999). Enhancing the quality and credibility of qualitative analysis.

Health Sciences Research, 34, 1189–1208.

 

Paulson. (2008). Concluding Remarks. In the OECD-US - Treasury International Conference: Taking financial literacy to the next level: Important challenges and promising solutions on financial education. Washington, DC.

 

Pawilen, G. T., Arre, J. P., & Lindo, E. F. (2010). Designing an integrated curriculum for preschool. Asia-Pacific Journal of Research in Early Childhood Education, 4(2), 57–76.

 

Philippine Economic Update (April, 2016). Retrieved from: The World Bank Website: http://www.worldbank.org/en/country/philippines/publication/philippine- economic-update---april-2016

 

Philippine Information Agency. (2017). DepEd, partners engage interest of learners, teachers in financial literacy. Retrieved from: https://pia.gov.ph/news/articles/1003444

 

Pineda, M. D. (2014). Supplementary Instructional Materials (SIM) for Kindergarten. (Unpublished Masteral Thesis). Philippine Normal University. Manila, Philippines.

 

PinoyMoneyTalk. (2017). How many Filipinos invest in the stock market? PinoyMoneyTalk.com. Retrieved from: https://www.pinoymoneytalk.com/less- than-half-a-million-filipinos-invest-in-stock-market/

 

Polit, D.F., & Beck, C.T. (2012). Nursing research: Generating and assessing evidence for nursing practice. Philadelphia, PA: Lippincott Williams and Wilkins.

 

Privitera, G.J. (2016). Essential Statistics for the Behavioral Sciences. California: Sage Publications.

 

Pru Life UK. (2015). Pru Life UK, Cha-Ching jumpstart new school year with financial literacy training for teachers. Retrieved from: https://www.prulifeuk.com.ph/en/our-company/press-releases/2015/061015/

 

Psacharopoulos, G. & Woodhall, M. (1997). Education for development: An analysis of investment choice. New York Oxford University Press.

 

Ramsook, L. & Thomas, M. (2016). Constructivism- linking theory with practice among pre-service teachers at the University of Trinidad and Tobago. International Journal of Learning, Teaching and Educational Research. 15 (7). 127-137.

 

Rapisura, V. (2016). Millennials Spending Habit. Rappler Talk. Retrieved from: https://www.rappler.com/move-ph/awards/980-2016/148635-millennial- money-habits-vince-rapisura

 

Reder, M. W., & Becker, G. (1967). Gary Becker’s Human Capital: A Review Article.

The Journal of Human Resources, 2(1), 97. DOI:10.2307/144593

 

Reinbold, S. (2013). Using the ADDIE Model in designing library instruction. Medical Reference Services Quarterly, 32(3), 244–256. https://doi.org/10.1080/02763869.2013.806859

 

Remund, D. L. (2010). Financial literacy explicated: The case for a clearer definition in an increasingly complex economy. Journal of Consumer Affairs, 44(2), 276–

295. Retrieved from: https://doi.org/10.1111/j.1745-6606.2010.01169.x Republic Act. 10157, Kindergarten Education Act. Philippines, 2012. Republic Act 10922, Economic and Financial Literacy Act. Philippines, 2015. Republic Act 10679, Youth Entrepreneurship Act. Philippines, 2015.

 

Ridell, W. (2006). The impact of education on economic and social outcomes: an overview of recent advances in economics. 1-47.

 

Rodgers, Y., Hawthorne, S., & Wheeler, R. (2007). Teaching economics through children’s literature in the primary grades. The Reading Teacher, 61(1), 46–55. Retrieved from: https://doi.org/10.1598/RT.61.1.5

 

Salkind, N. J. (2004). Social Learning Theory. In An introduction to theories of human development, (pp.197-226). Thousand Oaks, CA:Sage Publications.

 

Sani, M. (2017). The contributions of Jerome Bruner's Constructivist approach to education. Indian Journal of Research.

 

Sari, R. C., Fatimah, P. L. R., & Suyanto. (2017). Bringing voluntary financial education in emerging economy: Role of financial socialization during elementary years. Asia-Pacific Education Researcher, 26(3–4), 183–192. Retrieved from: https://doi.org/10.1007/s40299-017-0339-0

 

Scheresberg, C. D. B. (2013). Financial literacy and financial behavior among young adults: Evidence and implications. Numeracy, 6(2), 1–21. Retrieved from: https://doi.org/http://dx.doi.org/10.5038/1936-4660.6.2.5

 

Sharma, B. (2016). A focus on reliability in developmental research through Cronbach’s Alpha among medical, dental and paramedical professionals. Asian Pacific Journal of Health Sciences, 3(4), 271–278. Retrieved from: https://doi.org/10.21276/apjhs.2016.3.4.43

 

Sherraden, M. S., Johnson, L., Guo, B., & Elliott, W. (2011). Financial capability in children: Effects of participation in a school-based financial education and savings program. Journal of Family and Economic Issues, 32(3), 385–399. Retrieved from: https://doi.org/10.1007/s10834-010-9220-5

 

Shier, R. (2004). Paired t-test. Mathematics Learning Support Centre.

 

Silang, K. (2016). 8 Reasons Why Filipinos Fail to Manage Their Finances. MoneyMax.ph. Retrieved from: https://www.moneymax.ph/blog/8-major- reasons-filipinos-fail-manage-finances

 

Son, H. (2010). ADB Economics Working Paper Series Human Capital Development.

225. 1-36.

 

Sulivanov G. (2013). G20 National Financial Literacy Strategies. Retrieved from http://en.g20russia.ru/news/20130905/782412777.html.

 

Suiter, M., & Meszaros, B. T. (2005). Teaching about Saving and Investing in the Elementary and Middle School Grades. Social Education, 69(2), 92–95. Retrieved from:

http://search.ebscohost.com/login.aspx?direct=true&db=eric&AN=EJ711377 &site=ehost-live

 

Sweetland, S. R. (1996). Human Capital Theory: Foundations of a field of inquiry. Review of Educational Research, 66(3), 341–359. Retrieved from: https://doi.org/10.3102/00346543066003341

 

Tashakkori, A., & Teddlie, C. (1998). Mixed methodology: Combining qualitative and quantitative approaches. Applied Social Research Methods Series, 46. Thousand Oaks, CA: Sage Publications.

 

Te’eni-Harari, T. (2016). Financial literacy among children: the role of involvement in saving money. Young Consumers. 17 (2). 197-208.

 

Tezel, Z. (2015). Financial education for children and youth. In A. DeMarco (Ed.), Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry (pp. 69–92). Business Science Reference. Retrieved from: https://doi.org/10.4018/978-1-4666-7484-4

 

Tisdell, E. J., Taylor, E. W., & Forté, K. S. (2013). Community-based financial literacy education in a cultural context: A study of teacher beliefs and pedagogical practice. Adult Education Quarterly, 63(4), 338–356. Retrieved from: https://doi.org/10.1177/0741713613477186

 

Totenhagen, C. J., Casper, D. M., Faber, K. M., Bosch, L. A., Wiggs, C. B., & Borden,L. M. (2015). Youth Financial Literacy: A Review of Key Considerations and Promising Delivery Methods. Journal of Family and Economic Issues, 36(2), 167–191. Retrieved from: https://doi.org/10.1007/s10834-014-9397-0Tracy, S.J. (2013). Qualitative Research Methods: Collecting evidence, crafting analysis, communicating impact. UK: John Wiley & Sons, Ltd.

 

United Nations Educational, Scientific and Cultural Organization. (2014). Position Paper on Education Post-2015. UNESCO, 1, 1–10. Retrieved from: https://doi.org/http://unesdoc.unesco.org/images/0022/002273/227336E.pdf

 

United Nations Educational, Scientific and Cultural Organization. (2016). Incheon Declaration and Framework for Action for the Implementation of Sustainable Development Goal 4, 1–84. Retrieved from: http://unesdoc.unesco.org/images/0024/002456/245656E.pdf

 

United Nations International Children's Emergency Fund. (2012). Child Social and Financial Education. New York: UNICEF.

 

Van Campenhout, G. (2015). Revaluing the role of parents as financial socialization agents in youth financial literacy programs. Journal of Consumer Affairs, 49(1), 186–222. Retrieved from: https://doi.org/10.1111/joca.12064

 

Van Fossen, P.J. (2010). Best economic education practices for children. In, M. Schug and W. Wood (Eds.), Teaching economics in troubled times. Oxford, UK: Routledge.

 

Varcoe, K., Martin, A., Devitto, Z., & Go, C. (2005). Using a financial education curriculum for teens. Association for Financial Counseling and Planning Education. 16 (1). 63-71.

 

Varela, L. (2015). Development of a guidance model on personal and social competence for kindergarten pupils. (Unpublished Doctorate Thesis. Philippine Normal University. Manila, Philippines.

 

Vejvodová, J. (2015). The ADDIE Model: Dead or Alive?

 

Viera, A. J., & Garrett, J. M. (2005). Understanding interobserver agreement: The Kappa Statistic. Family Medicine, 37(5), 360–363. Retrieved from: https://doi.org/Vol. 37, No. 5

 

Villos, P. (2017). 5 Poor Money Management Habits that Filipinos Do, and How to Overcome Them. Retrieved from: https://tycoon.ph/poor-money-management- habits/3/

 

Walstad, W. B., Rebeck, K., & MacDonald, R. A. (2010). The effects of financial education on the financial knowledge of high school students. Journal of Consumer Affairs, 44(2), 336–357. Retrieved from: https://doi.org/10.1111/j.1745-6606.2010.01172.x

 

Walstad, W., Urban, C., J. Asarta, C., Breitbach, E., Bosshardt, W., Heath, J., … Xiao,

J. J. (2017). Perspectives on evaluation in financial education: Landscape, issues, and studies. Journal of Economic Education, 48(2), 93–112. Retrieved from: https://doi.org/10.1080/00220485.2017.1285738

 

Ward, S. (1974). Consumer Socialization. Journal of Consumer Research, 1(2), 1–14.

Retrieved from: https://doi.org/10.1300/J026v07n01_11

 

Webley, P., Burgoyne, C., Lea, S., Young, B. (2001). The economic psychology of everyday life. London: Psychology Press.

 

Whitmer, R. (2015). Financial literacy brings value to K12 culture. District Administration Magazine. Retrieved from: DA District Administration Website: https://www.districtadministration.com/article/knowing-money

 

Williams, S. (2010). Parental influence on the financial literacy of their school-aged children: An exploratory study. Exceptional Children, Journal of Special Education, I, (2009), 23–33.

 

Wright, L., & Lake, D. (n.d.). Basics of research for the health professions. Retrieved from: http://www.pt.armstrong.edu/wright/hlpr/text/3.7.intval.htm

 

Yoshino, N., Morgan, P. J., & Wignaraja. G. (2015). Financial education in Asia: assessment and recommendations. (No. 543). Asian Development Bank Institute. Tokyo.

 

Zhou, M. & Brown, D. (2015). Educational Learning Theories: 2nd Edition. Education Open Textbooks. 1. Retrieved from: https://oer.galileo.usg.edu/education- textbooks/1


This material may be protected under Copyright Act which governs the making of photocopies or reproductions of copyrighted materials.
You may use the digitized material for private study, scholarship, or research.

Back to previous page

Installed and configured by Bahagian Automasi, Perpustakaan Tuanku Bainun, Universiti Pendidikan Sultan Idris
If you have enquiries with this repository, kindly contact us at pustakasys@upsi.edu.my or Whatsapp +60163630263 (Office hours only)