Teaching Financial Literacy across the Generations

This article describes a tool developed by educators of the University of Minnesota Extension and University of Wisconsin Cooperative Extension to assist professionals as they plan financial education for participants. In today's changing economy, financial education is essential throughout one...

Full description

Saved in:
Bibliographic Details
Published inJournal of extension Vol. 51; no. 1
Main Authors Jokela, Becky Hagen, Hendrickson, Lori, Haynes, Barbara
Format Journal Article
LanguageEnglish
Published Extension Journal, Inc 01.02.2013
Subjects
Consumer Education
Extension Education
Generational Differences
Literacy
Money Management
Teaching Methods
Workshops
Online AccessGet full text

Cover

More Information
Summary:This article describes a tool developed by educators of the University of Minnesota Extension and University of Wisconsin Cooperative Extension to assist professionals as they plan financial education for participants. In today's changing economy, financial education is essential throughout one's life cycle. By understanding learner attributes, educators can create motivating learning environments and seek appropriate teaching methods to capture participant attention. Multi-generational complications may arise as people view and communicate about money differently. The financial literacy grid was developed to examine generational characteristics, life cycle tasks, financial concepts, and appropriate teaching techniques to meet learner needs.
ISSN:1077-5315
0022-0140
1077-5315
DOI:10.34068/joe.51.01.16