Unveiling the Financial Literacy Divide: A Comparative Study in Education
Researchers conducted a survey to investigate the financial literacy levels of Academic Track and TVL Track students at Fatima National High School. The survey included a variety of questions such as grade level, enrollment track, formal financial education, sources of financial knowledge, self-rated financial literacy level, understanding of financial concepts, financial goals, budgeting habits, savings behavior, challenges faced, importance of financial literacy, money management strategies, loan history, understanding of credit scores, confidence in discussing financial matters, and suggestions for improving financial education in schools. The survey aimed to gather valuable insights into the financial knowledge and behaviors of students, highlighting the need for enhanced financial literacy education in schools.
The results of the survey will provide crucial data for educators, policymakers, and stakeholders in the education sector to devise effective strategies for enhancing financial literacy among students. By understanding the current financial knowledge gaps and challenges faced by students, educational institutions can tailor their curriculum to better equip students with essential money management skills for their future. The findings will contribute to the ongoing discourse on financial literacy education and its importance in shaping responsible and financially empowered individuals.
Overall, the comparative study on the financial literacy of Academic Track and TVL Track students at Fatima National High School sheds light on the disparities in financial knowledge and behaviors among students pursuing different educational tracks. By acknowledging these differences and addressing them through targeted interventions, schools can play a pivotal role in nurturing financially savvy individuals who are equipped to make informed financial decisions in the real world.