Making an animation of overhead spending to inspire undergraduates' financial management concept

Abstract

The average undergraduate does not specifically calculate the total tuition or miscellaneous fees spent during their four-year study at university. Besides tuition and miscellaneous fees, few undergraduates record their basic living expenses or additional expenses, resulting in some unnecessary expenses. Using multimedia animation about expenditures during the four-year study at university, this study employed an interesting and creative way to allow undergraduates to learn their total expenditures and recall additional expenses during a four-year study program at university, understand financial management in daily life, perceive the hardship that their parents have endured to pay their tuition and living expenses, and learn to cherish their hard-earned money. Wealth management and mathematical thinking have multiplied effects. When learning to apply mathematical thinking to one's financial management, the learner can accumulate more wealth faster. The students finished their animation homework regarding their expenditures during the four-year study program at university, and observed those of other groups. Many students reflected upon the hardship of their parents, learned of conflicts between income and expenditures, and stressed rational and emotional life expenses. This study guided students to learn more multimedia animation technologies, and directly educated the students to understand and appreciate the devotion of their parents in order to develop the correct concepts for planning and improving management abilities of personal financial management.