An early warning method for extreme risks in financial markets

Purpose: The purpose of the study was to develop an education program at the high school level for financial literacy skills mentioned within the framework of general competencies and to test the effectiveness of the program developed. Research Method: Mixed method, where quantitative and qualitative research methods were used together to obtain data diversity, was employed in the research. In the quantitative part of the study, the experimental process was used, while in the qualitative aspect, the case study method benefited from it. Within the scope of experimental design with the pretest-posttest control, in the quantitative dimension of the study, the "Financial Literacy Behavior and Attitude Scale" was used. In the qualitative dimension of the research, the opinions of 12 voluntary students in the experimental group about the training were determined through an interview form. Findings: The results revealed that the financial literacy program developed for high school students positively affected their economic attitudes and behaviors. The significant difference determined between the students in the experimental group and the control group indicates that the gains aimed by the literacy training program were achieved. In addition, the results obtained from the qualitative part of the research show that the student's perception of money changed, that the program positively contributed to their lives, and that they wanted to receive the training at an early age. Implications for Research and Practice: Based on the results of the study, it is recommended for policymakers involve financial literacy education in schools in a more systematic way.