IDEAS home Printed from https://ideas.repec.org/a/taf/vjerxx/v113y2020i2p93-107.html
   My bibliography  Save this article

The effect of financial education on pupils’ financial knowledge and skills: Evidence from a Solomon four-group design

Author

Listed:
  • Shekinah E. Dare
  • Wilco W. van Dijk
  • Eric van Dijk
  • Lotte F. van Dillen
  • Marcello Gallucci
  • Olaf Simonse

Abstract

The present study used a Solomon four-group quasi-experimental design to examine the short-term effect of a large-scale national financial education program on children’s knowledge and skills in responsible spending and performing transactions effectively. Our study included a representative sample of Dutch pupils in the fifth grade of primary school (N = 2,650). Controlling for different children-specific characteristics, results showed that the program increased pupils’ knowledge and skills scores in performing transactions effectively, but not in responsible spending. The insights gained from the present study show how financial education programs that enable children to immediately apply what they learn in practice can improve children’s knowledge and skills regarding certain financial competencies.

Suggested Citation

  • Shekinah E. Dare & Wilco W. van Dijk & Eric van Dijk & Lotte F. van Dillen & Marcello Gallucci & Olaf Simonse, 2020. "The effect of financial education on pupils’ financial knowledge and skills: Evidence from a Solomon four-group design," The Journal of Educational Research, Taylor & Francis Journals, vol. 113(2), pages 93-107, February.
    • Handle: RePEc:taf:vjerxx:v:113:y:2020:i:2:p:93-107
    DOI: 10.1080/00220671.2020.1733453
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00220671.2020.1733453
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00220671.2020.1733453?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amagir, Aisa & van den Brink, Henriëtte Maassen & Groot, Wim & Wilschut, Arie, 2022. "SaveWise: The impact of a real-life financial education program for ninth grade students in the Netherlands," Journal of Behavioral and Experimental Finance, Elsevier, vol. 33(C).
    2. Fungamwango Hashel Mwansa & Kaulu Goodwell & Simeon Mbewe, 2024. "Learners’ Active Engagement During Lessons on the Turning Effect of a Force (TEOF): The Impact of the Peer-Assisted Learning (PAL) Strategy," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(1), pages 1125-1138, January.
    3. Morshadul Hasan & Thuhid Noor & Jiechao Gao & Muhammad Usman & Mohammad Zoynul Abedin, 2023. "Rural Consumers’ Financial Literacy and Access to FinTech Services," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 780-804, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:vjerxx:v:113:y:2020:i:2:p:93-107. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/vjer20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.