The influence of informal learning opportunities on adolescents’ financial literacy

IF 1.6 Q2 EDUCATION & EDUCATIONAL RESEARCH
Michelle Rudeloff
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引用次数: 0

Abstract

In today’s service society, adolescents come into contact with money and financial products and services earlier and earlier. Despite the importance of the topic in the adolescents’ lives, there is insufficient evidence on the learning opportunities adolescents use outside of school and education to obtain information on financial issues and how these affect their financial competence. This paper investigates how different informal learning opportunities influence grade 10-students’ financial literacy. Data are available for N = 530 students in general education. The analyses are based on a structural equation model in which financial literacy is represented as a latent variable with the sub-dimensions of money/payments, savings, loans, insurance, and monetary policy. Young people use different learning opportunities depending on the sub-dimension. Overall, parent-student discussions on finance are the most important informal source of learning. Discussions with siblings as well as consulting sessions with banks and media learning opportunities are also significantly related to financial literacy. Furthermore, personal characteristics, such as socio-economic background and economic interest, are also associated with financial literacy. The findings provide important implications for the promotion of financial literacy in different formal and informal learning situations. The results can be used, among other things, as a basis for developing targeted strategies to promote financial literacy in both the extracurricular sector and the school context.
非正式学习机会对青少年金融知识的影响
在当今的服务型社会中,青少年越来越早地接触到金钱以及金融产品和服务。尽管这一话题在青少年的生活中非常重要,但关于青少年在学校和教育之外利用哪些学习机会来获取有关金融问题的信息,以及这些机会如何影响他们的金融能力,却没有足够的证据。本文研究了不同的非正式学习机会如何影响 10 年级学生的金融素养。数据来自 N = 530 名接受普通教育的学生。分析基于一个结构方程模型,在该模型中,金融素养被视为一个潜变量,包含货币/支付、储蓄、贷款、保险和货币政策等子维度。根据子维度的不同,年轻人会利用不同的学习机会。总体而言,父母与学生之间关于理财的讨论是最重要的非正式学习来源。与兄弟姐妹的讨论以及与银行的咨询会议和媒体学习机会也与金融素养密切相关。此外,社会经济背景和经济兴趣等个人特征也与金融素养有关。研究结果对在不同的正规和非正规学习环境中促进金融知识普及具有重要意义。除其他外,研究结果还可作为制定有针对性的战略的依据,以促进课外部门和学校的金融知识普及。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
3.40
自引率
7.70%
发文量
9
审稿时长
13 weeks
期刊介绍: The main focus of this journal is to provide a platform for original empirical investigations in the field of professional, vocational and technical education, comparing the effectiveness, efficiency and equity of different vocational education systems at the school, company and systemic level. The journal fills a gap in the existing literature focusing on empirically-oriented academic research and stimulating the interest in strengthening the vocational part of the educational system, both at the basic and higher education level.
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