Enhancing Financial Literacy Among High School Students: A Comparative Study of Different Teaching Methods

Thesis Abstract

Abstract
This thesis investigates the enhancement of financial literacy among high school students through a comparative study of different teaching methods. Financial literacy is a crucial aspect of education that equips individuals with the necessary skills and knowledge to make informed financial decisions. However, research has shown that many high school students lack adequate financial literacy, which can have long-term implications on their financial well-being. Therefore, this study aims to explore and compare various teaching methods to determine the most effective approach in improving financial literacy among high school students. The study begins with an introduction that provides an overview of the importance of financial literacy and the motivation for this research. The background of the study discusses the current state of financial literacy among high school students and highlights the gaps in existing educational practices. The problem statement identifies the specific challenges faced by high school students in acquiring financial literacy skills and the need for effective teaching methods to address these challenges. The objectives of the study are to compare different teaching methods, such as traditional classroom instruction, online resources, interactive workshops, and real-world simulations, in enhancing financial literacy among high school students. The limitations of the study are also acknowledged, including potential constraints in sample size, resources, and time. The scope of the study outlines the specific focus areas and target population, while the significance of the study emphasizes the potential impact of improving financial literacy on the future financial well-being of high school students. The structure of the thesis provides an overview of the organization of the research, including the chapters and sub-sections that will be covered. The definition of terms clarifies key concepts and terms used throughout the thesis to ensure a common understanding among readers. The literature review in Chapter Two explores existing research on financial literacy education and different teaching methods used to enhance financial literacy among students. Ten key themes emerge from the literature, including the importance of early financial education, the role of schools and educators, the impact of socio-economic factors, and the effectiveness of various teaching approaches. Chapter Three outlines the research methodology, including the research design, sampling strategy, data collection methods, and data analysis techniques. The chapter also discusses ethical considerations and potential biases that may influence the research findings. Chapter Four presents a detailed discussion of the research findings, comparing the effectiveness of different teaching methods in improving financial literacy among high school students. The chapter explores the strengths and limitations of each approach and identifies best practices for enhancing financial literacy education. Finally, Chapter Five provides a conclusion and summary of the thesis, highlighting the key findings, implications for practice, and recommendations for future research. The thesis contributes to the existing body of knowledge on financial literacy education and offers practical insights for educators, policymakers, and stakeholders interested in improving financial literacy among high school students.