%0 Journal Article
%T A review of financial
%A Aisa Amagir
%A Arie Wilschut
%A Henri£¿tte Maassen van den Brink
%A Wim Groot
%J Citizenship, Social and Economics Education
%@ 2047-1734
%D 2018
%R 10.1177/2047173417719555
%X In this systematic literature review, we evaluate the effectiveness of financial-literacy education programs and interventions for children and adolescents. Furthermore, the key characteristics of the design of a successful financial-education curriculum are described. The evidence shows that school-based financial-education programs can improve children¡¯s and adolescents¡¯ financial knowledge and attitudes. Studies that assess the intention to practice good behavior and studies based on self-reported behavior also report positive effects. However, studies that assess the effects of financial education on children¡¯s and adolescent¡¯s actual financial behavior are scarce, and show hardly any effect. A promising method to teach financial literacy to children and adolescents in primary and secondary school is ¡°experiential learning.¡± In college, the focus should be on specific ¡°life events¡± of students. The findings may be useful for designing an effective school-based financial education program
%K financial literacy
%K school-based financial education
%K pedagogical characteristics
%K review
%U https://journals.sagepub.com/doi/full/10.1177/2047173417719555