Title: Financial literacy education and high school students - overview, analysis, suggestions and implications

Authors: Chen Tian; Chunhui Wang

Addresses: WES Group Pte Ltd., 11F, North Tower, Shanghai Stock Exchange Building, 528 Pudong Nan Road, Shanghai, 200120, China ' School of International Trade and Economics, Shandong University of Finance and Economics, 40 ShunGeng Road, Jinan, Shandong, 250014, China

Abstract: Financial literacy education is essential for improving high school age students' financial wellbeing by instilling and developing awareness, knowledge, skills and attitudes of financial matters. This study analyses the importance and implications of financial literacy education by providing: 1) an overview of four countries' high school financial education and through empirical analysis; 2) identified the importance that financial literacy education plays in improving personal financial capabilities; 3) raised helpful suggestions to improve the outcomes of financial literacy education; 4) ends with a discussion on the implications of high school financial literacy education.

Keywords: financial education; financial literacy; financial behaviour; implication assessment.

DOI: 10.1504/IJSEM.2022.121883

International Journal of Services, Economics and Management, 2022 Vol.13 No.1, pp.1 - 16

Received: 07 Dec 2020
Accepted: 14 Jan 2021

Published online: 07 Apr 2022 *

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